The federal government has pledged to spend $6.4 million in “red tape reduction” for small business in Tasmania, by streamlining four key application and licensing processes.
Pitching the promise to Tasmanian business owners and entrepreneurs in a joint statement with acting Tasmanian Premier Jeremy Rockliff, federal Treasurer Josh Frydenberg said that the investment would streamline the launch of new businesses and the ongoing operations of small businesses.
The funding is aimed at four “priority regulatory reforms” to address complexity and cost for key industries.
Under the proposal, a one-stop portal for tourism and hospitality businesses will be created to remove the need to lodge separate environmental, heritage and food safety applications into a building application. Instead, the current Planning and Building Portal will be expanded to allow for all of these permits to be done concurrently.
The building industry is also being targeted, with the roll-out of automated licence verification through a new online portal, to remove the need for employee and contractor licences to be renewed for every project.
The other measures include the provision of online mapping of bushfire risks, as well as the provision of water and sewerage spatial data relative to the business’ property for planning purposes.
“This new $6.4 million investment will allow small businesses like cafes, builders and retailers to spend less time and money on regulatory burdens, and more time and money on doing business,” Mr Frydenberg said.
“New businesses will be able to start sooner and existing businesses will be able to grow faster, which will ultimately create jobs, to boost productivity and further strengthen Tasmania’s economy.”
The funding is part of the government’s $300 million Small Business Regulatory Reform Agenda.
Mr Rockliff described the projects as “good news” for the roughly 36,600 small businesses operating within the state.
“This funding will make it easier to do business in Tasmania, which will drive further economic growth across our state,” he said.
Adam Zuchetti is the editor of My Business, and has steered the publication’s editorial direction since early 2016.