Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) | Hansard source

I indicate that, as outlined, the government will be opposing the amendment. Of course, almost all small businesses are doing absolutely the right thing and treating customers fairly. The government's view is that a blanket exemption for small businesses until 2030 would create loopholes and undermine a consistent approach across the economy, and that would leave consumers exposed to harmful conduct for years and risk giving some small businesses using unfair practices an advantage over the majority who are competing fairly.

Small businesses will have time and support to adjust, with a 12-month transition period before the obligations commence. And the ACCC will take an education-first approach, providing guidance and practical assistance to help businesses understand and meet their obligations.