Senate debates

Thursday, 15 March 2012

Questions without Notice

Small Business: Enterprise Connect

2:55 pm

Photo of Kate LundyKate Lundy (ACT, Australian Labor Party, Minister Assisting for Industry and Innovation) Share this | Hansard source

I reiterate the department is able to assess on a case-by-case basis the exceptional circumstances, but perhaps it would be useful if I outlined the general criteria used for eligibility to Enterprise Connect services. Generally, yes, they are required to possess an ACN or, in the case of firms in remote regions, an ABN. They are required to meet the relevant revenue or expenditure thresholds of between $750,000 and $100 million, depending on the sector and region. They have to be solvent. They have to have operated in Australia and filed business activity statements showing ongoing trading in at least three full consecutive years. They cannot have received a business review previously. And they must operate in one of the following industry sectors or regions: manufacturing or manufacturing related services, defence industry, resources technology, clean technology, creative industries, remote Australia, innovative regions or tourism. (Time expired)

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