#Regulation
Federal budget 2021: Reduction of red tape to save businesses $430m a year
The government has announced a further investment of $134.6 million in deregulation measures and reduction of red tape to help businesses…
NSW establishing Productivity Commission to reduce the regulatory burden on businesses
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 […]
“I’m confident we’ll get there”: Checkbox’s CEO on his regtech startup’s Atlassian-sized plans
Despite having only launched in January, last year, Checkbox has already amassed a small fortune of accolades. Notably, the Sydney-based regtech startup was named Regtech of the Year at the Australian FinTech Awards and Best SaaS Startup at StartCon in Sydney. In addition, CEO Evan Wong took out the Westpac Innovation Challenge and StartCon Pitch […]
New industry code highlights need for national regulation of employment services
The Recruitment and Consulting Services Association (RCSA), the peak body for the private employment services sector, has released a proposal for an Employment Services Industry Code (ESIC). The ESIC sets out to eradicate unfair practices with a single national framework for the regulation of the employment services and on-hire marketplace. Steve Granland, CEO, RCSA said […]
Growing a small business is even easier with further cuts to red tape
Further cuts to red tape will save NSW business owners $815 million making owning and growing a business in NSW even easier. The red tape reforms have exceeded the $750 million June target according to the Minister for Small Business, John Barilaro and Minister for Innovation and Better Regulation, Victor Dominello. “Scaling back red tape […]
Start-ups threatened by tougher super disclosure rules
Growth in the Australian start-up sector could be damaged unless the government strikes the right balance in setting the investment reporting obligations for superfunds.
The rules and regulations of being an employer
Taking on an employee is a serious part of the business as there are many pitfalls that can bring you unstuck if the right processes are not followed. We focus on the legal aspects of hiring an employee from a tax office and superannuation stand point.
3 big policy challenges for small business
Opposition spokesperson Senator Scott Ryan on how the Federal Government has failed small business: “Small businesses comprise 96 percent of all Australian enterprises. It is a sector that is only ignored at our greater peril, yet it is one to which this Labor Government has refused to listen.”
Study into effects of government regulation on business commences
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.
Australian banks cry “Don’t regulate us” despite massive profits
The Australian Bankers’ Association (ABA) has come out and labeled the current debate on banking regulation in Australia spearheaded by Labor’s Wayne Swan and the Liberal’s Joe Hockey as “long on rhetoric but short on facts”.
Government pushes ahead with national economic reforms
The Federal Government is progressing in its plans to create a seamless national economy, having completed more than 40 percent of its business regulation reforms.