Senate debates

Monday, 27 February 2012

Questions without Notice

Small Business

2:36 pm

Photo of Mark ArbibMark Arbib (NSW, Australian Labor Party, Minister for Sport) Share this | Hansard source

We have been working with the states, unlike the coalition, who in their period played the blame game and did not work with the states. We have worked with states to try and develop a seamless national economy, with 36 reforms to reduce the regulatory burden on business. I am happy to say that one of these reforms is to implement the new national business names registration system later this year. It is on track to deliver major benefits to small business. At present, the average small business will be up for around $1,000 for three years. This will come down from $1,000 to $70—massive benefits for small business.

On superannuation, we have put in place a superannuation clearing house to make it easier for small business to pay their employees superannuation. Since launching on 1 July 2010—

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