The Coalition Government is backing South Australian small businesses with a $21.1 million investment in red tape reduction, to make it easier to start and grow a business.
Treasurer, Josh Frydenberg, said the funding was part of the Government’s $300 million Small Business Regulatory Reform Agenda and our plan for a stronger economy.
“Our plan recognises that the private sector employs nine out of every 10 workers and is focused on making sure that businesses stay competitive, keep investing and continue to hire more workers,” Mr Frydenberg said.
“This new $21.1 million investment will allow small businesses like pubs, farms and retailers to spend more of their time and money on growing their business and less on dealing with red tape.
“This will build on the Australian Government’s efforts that have already reduced Commonwealth regulatory burden on businesses and the community by almost $6.8 billion.”
Minister for Small and Family Business, Skills and Vocational Education, Michaelia Cash, said the funding would give South Australian small business owners back more of their time in industries such as agriculture, food and tourism by making it easier to comply with government regulation