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Stakeholders gather for small business summit

The first Australian Small Business White Paper Summit has been held in Canberra to discuss major issues facing the small business sector.

News Michael Masterman 25 June 2014
— 1 minute read

Led by the Institute of Public Accountants (IPA), industry leaders and key stakeholders met to discuss a number of important issues including the regulatory environment and Australia’s taxation system.

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The IPA said the summit was designed to provide a credible and influential voice on key policy matters impacting small business.

“We have brought to the table, substantial research, practitioner insights and industry views to formulate the first industry-led Small Business White Paper,” said IPA chief executive officer, Andrew Conway.

“I am very grateful to today’s participants who echoed our passion for small business, with genuine debate on a broad range of key issues".

“However, this is just the starting point; the commitment made today is to facilitate ongoing discourse to ensure when small business speaks, it does so with the support of industry, evidence-based research and on a platform that aims to boost productivity of our nation’s small businesses".

“The importance of small business growth as a driver of Australia’s productivity is growing rapidly and we must do what is in our power to develop economic policy that charts a sustainable future for small business,” said Mr Conway.

The Australian Small Business White Paper Summit covered six key areas of focus:

• Australia’s small businesses are appropriately regulated; providing a safety net without stifling entrepreneurship
• Australia’s small businesses operate on a level playing field
• Links to our regional trading partners are facilitated to open export markets for small business
• Australia’s small businesses have access to responsible finance
• Australia’s small businesses are encouraged to innovate
• Australia’s taxation system serves to encourage small business growth rather than stifle it

Stakeholders gather for small business summit
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