Abbott's red tape bonfire has fizzled

Tony Abbott’s red tape ‘bonfire’ is just blowing smoke as far Australia’s small and family businesses are concerned.

This week’s proposed scrapping of more than 9500 unnecessary or counter-productive regulations and 1000 redundant acts of parliament might amount to what Tony Abbott describes as “the biggest bonfire of regulations in our country’s history” but it won’t do much for small and family businesses.

The culling exercise does not target any specific red tape that hamstrings family business and only a handful of measures are aimed at small business.


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