Small business snapshot shows Senate concern
August 11, 2016
Leading cloud based solutions business MYOB has released its latest snapshot of small business sentiment in Australia that shows confidence in the Government to get ley legislation through the Senate has slipped. The survey showed that 51% of SME’s felt that the return of the Government was positive but only 43% were confident legislation could get through while 66% thought that Coalition could do more for the average Australia.
“The government needs to work quickly and effectively with the Labor Party and cross benches, to build confidence in the SME sector,” said Tim Reed, CEO of MYOB.
“Our research confirmed that many of the policies the government took to the election are popular with small business, but the close election outcome has raised fears that these policies won’t see the light of day. Small business policy is often supported by a range of political parties, and given this we urge the government to quickly line up support for this critical legislation.”
“The last parliament was a watershed one for small business. For the first time in over a decade small business was moved to the center of the policy framework. When removing the Minister for Small Business from the Cabinet, the Prime Minister made the point that all cabinet ministers were there to represent small business. The Turnbull government has presented policies that support small businesses; we are now looking for the government to pass this legislation.”
“There is a broad consensus amongst political commentators that the misleading, some say dishonest, ‘Mediscare’ campaign harmed the government. Our research shows that small business owners agree with this assessment,” Mr. Reed added.
“We have to remember that while small business owners are looking for ways the government can eliminate operational pressures, they also support broader measures that benefit the average working Australian.
“Small business owners are part of the fabric of our communities. They predominantly rely on local residents as customers and employees. They are very attuned to what their community feels, and what their concerns are. Our survey reinforces the view that while the small business segment is supportive of the Coalition government, to retain this support the onus is on the government to explain why their policies are good for average Australians.”
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