I’m not sure about you, but I’ve always wanted to start up my own business and be my own boss. Financially it can be a huge burden to get the funds or keep the funds moving through your new and probably small business. Well in Australia they have just passed a law which allows small businesses a little more breathing room when they have a legitimate court case. The purpose is to create less and identify the misuse of any market power and to ensure that small business owners will only be liable for their costs in a court case.
- Australia has decided to provide small business access to justice bill. Their senate made the decision recently and wants to continue on that path.
- Small business operators can proceed with legal action when they want. The bill is expected to make a few differences for anyone in need.
- The bill also filters cases that are unlikely to succeed overall. Judges can waive liability for small business owners in the country.
“The Australian Small Business and Family Enterprise Ombudsman has welcomed a Senate vote to improve small business access.”