Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
Receive the latest mybusiness newssign up
Cynicism builds as governments fail SMEs

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Cynicism builds as governments fail SMEs

Cynics, argument, finger pointing

Business leaders are becoming increasingly cynical of governments at all levels as the bluster about supporting SMEs fails to translate into meaningful action.

“There’s a growing sense of cynicism … we’ve noticed around the country of small businesses saying to government broadly, governments of all persuasions at all levels, ‘there [are] some key things we want you to do, just get on and do it’,” said Andrew Conway, CEO of the Institute of Public Accountants (IPA).

“So, I think generally speaking small businesses will get on and do what they have to do; they’re happy, they’re content. But there’s a huge opportunity to seize a productivity dividend in Australia if governments get onto this.”

Advertisement
Advertisement

Mr Conway said taxes are a prime example of this sentiment, where talk of taxation reform, committees and reports deliver recommendations which are often delayed or never acted upon.

For this reason, the IPA is undertaking a national roadshow to connect with SMEs nationwide and deliver their real-world findings to all levels of government in the hope of driving tangible and meaningful change.

“It’ll happen about the end of this calendar year. We’ll have the first draught if you like, and then early in 2018 we’ll actually have the final presented in Canberra. And then we present actually to all levels of government,” he said.

Mr Conway urged all SMEs to engage with the IPA as part of this process, to enable their concerns and experiences to see the light of day and drive effective policy action.

“If I pose you this one question: ‘As a small business owner, what’s keeping you awake at night?’, that will give us some great policy input in terms of the whitepaper process,” he said.

 

SPONSORED CONTENT

 

Adam Zuchetti

Adam Zuchetti

Adam Zuchetti is the editor of My Business, and has steered the publication’s editorial direction since early 2016. 

The two-time Publish Awards finalist has an extensive journalistic career across business, property and finance, including a four-year stint in the UK. Email Adam at This email address is being protected from spambots. You need JavaScript enabled to view it.

comments
FROM THE WEB
Cynicism builds as governments fail SMEs
mybusiness logo