The government has proposed to level the playing field for small businesses it by creating the Competition and Consumer Act. Australia’s small business Minister believes that Labor needs to back some changes in the Act, specifically targeted to section 46. Minister Michael McCormack proposes that Labor works to back these changes to ensure a fair and successful marketplace. Labor needs to stop proposing litigation as they first solution and a focus on fairness in competition instead.
- The government wants to change the competition and consumer act
- The act was designed to make it easier for small business to compete against larger businesses.
- The original bill was not strong enough to achieve its goal
“Small Business Minister Michael McCormack says that Labor should back in the Government’s changes to the Competition and Consumer Act if they are genuinely interested in levelling the playing field for small businesses.”