House debates
Wednesday, 17 August 2011
Bills
Business Names Registration (Fees) Bill 2011; Second Reading
9:47 am
David Bradbury (Lindsay, Australian Labor Party, Parliamentary Secretary to the Treasurer) Share this | Link to this | Hansard source
I move:
That this bill be now read a second time.
The Business Names Registration (Fees) Bill 2011 is part of a package of bills. The total package will, along with subordinate legislation, create a national business names registration system.
The fees bill is a taxing measure which will impose the fees for registering business names in the new national registration system.
At present, a business operating in every state and territory faces a cost of more than $1,000 to register a business name for three years. Under the national system, businesses will only pay one fee, which will be in the order of $70 to register for three years. An optional $30 fee will apply for a one-year registration.
My comments in relation to the Business Names Registration Bill 2011 also apply to this bill.
Debate adjourned.