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Proactive Lending Solutions is a Credit Representative (CRN 482161) Of BLSAA Pty LTD ACN 117651760 (Australian Credit Licence NO 391237)

© 2023 by Proactive Accountants & Bookkeepers

Have your say on the future of Australia’s competition laws

A review of Australia's competition policy and laws has been undertaken, known as the Competition Policy Review . A final report has been released on the findings and recommendations.

The Competition Policy Review final report

The report makes 56 recommendations for changes to competition policy, laws and institutions that will help strengthen the Competition and Consumer Act 2010 and promote more dynamic and competitive markets.

The recommendations are designed to help small businesses compete with bigger rivals, through measures such as:

  • simplifying laws so small business better understand their rights and obligations

  • allowing better access to justice when disputes occur

  • having more flexible collective bargaining processes to let small businesses work together when negotiating with large businesses.

Have your say

You're invited to have your say on the recommendations from the final report and raise any issues that may be of concern to you as a small business owner.

Feedback can be provided through The Treasury website by:

  • lodging a formal written submission

  • making a comment.

Submissions close 26 May 2015.

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