Changes in the lending landscape over the last decade have opened doors for a wide range of finance options available for small businesses that do not require property as security, according to a new analysis by Productivity Commission
A Productivity Commission will be established in NSW to spearhead a micro-economic reform agenda that includes a focus on reducing red tape for businesses, Treasurer Dominic Perrottet has announced. The first-ever NSW Productivity Commission, which will be led by a yet-to-be-appointed Productivity Commissioner, was announced at the NSW Business Chamber by Treasurer Dominic Perrottet, who […]
The benefits small businesses derive from a competitive financial system are being reduced by the regulators in their “quest for stability”, the Productivity Commission (PC) has found. The finding, contained in a draft PC report titled Competition in the Australian Financial System, is supported by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate […]
The Australian Retailers Association (ARA) has said that penalty rates must be reduced to support further retail growth. This comes as retail figures for June 2015 have shown further growth while the Productivity Commission has opened discussion on the matter of penalty rates. Retail trade figures for June 2015 grew by 4.9 per cent year […]
A new Productivity Commission report has found the cost of doing business in the Australian retail sector is inflated by inefficient red tape and a number of anti-competitive restrictions.
The Abbott government is soon to release new guidelines to streamline interaction between government regulators and small businesses as part of its drive to further reduce compliance costs and red tape.
The first national study into the impacts of local government regulation on business by the Productivity Commission has been given the green-light, a move backed by the Federal Government.
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