‘Teal’ MP Calls for Cuts to Red Tape, Better Support for Small Business

“Teal” member for Wentworth Allegra Spender has called for a revamp of policies affecting business growth in the country including tax and industrial relations reform. “Starting with business, we should aim to be the best place in the world to start and grow a business,” she added, highlighting Australia’s advantages, including higher education, a cohesive society, and abundant resources,” she told the National Press Club on Oct. 23. “Productivity is our ability to do progressively more with less, and it’s responsible for 80 percent of real wage growth. Yet, Australia has experienced the worst decade for productivity in 60 years, with capital investment lagging behind necessary levels.”...