The changing of the guard

Over the last few months, Victoria and New South Wales have elected Liberal governments for the first time in decades. So what are the implications for small business? Here’s what’s been announced so far.

New South Wales

The new O’Farrell government has announced that it will:

Establish a Small Business Commissioner as an advocate for small business owners.

Cut red tape by 20% within the first term.

Improve online access to business licensing.

Subject all new regulations to a risk analysis to measure their impact on small business.

Consult regularly with small business.

Victoria

The new Baillieu Liberal government has announced that it will:

Rewrite WorkCover laws, with the aim of preventing a rise in premiums for small businesses.

Issue a report on the competitiveness of the state's economy.

Focus on improving basic services.

A number of these announcements are statements of intent, rather than detailed policies, so we’ll keep you up to date as more information comes to light.
 

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