Keeping their eyes on the big stuff

In a very joint announcement:

  • The Hon. Kelly O’Dwyer MP, Minister for Revenue and Financial Services on 19 July 2016;
  • the Hon. Craig Laundy MP, Assistant Minister for Industry, Innovation and Science;
  • the Hon. John Barilaro MP, NSW Deputy Premier, Minister for Small Business; and
  • the Hon. Victor Dominello MPm NSW Minister for Finance, Services and Property

Announced this morning a new plan “Making it easier to start a new business“.

Apparently:

The new business registration service allows businesses to apply for multiple business and tax registrations at the same time online at business.gov.au. This has reduced the average time taken to register for an ABN from over an hour to less than 15 minutes. The service also supports businesses to meet their obligations and avoid applying for registrations that they don’t need.

Great.  But when will the new service that will allow for easy business de-registration and bankruptcy filing be announced?

Is this the new Government version of give with one hand and take with the other?  Make it easy to register a business but make it impossible to run a business?

One might wonder whether it will it be possible to use this new wiz-bang service when the electricity is out because the sun ain’t shining and the wind ain’t blowing?  Will it also work when the NBN is down or internet is not otherwise available?  Will it work remotely when businesses are up before the Fair Work Commission dealing with industrial relations matters?

As a citizen, I am very comfortable that Ministers O’Dwyer and Laundy are on the job here.

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11 Responses to Keeping their eyes on the big stuff

  1. Bruce of Newcastle

    But when will the new service that will allow for easy business de-registration and bankruptcy filing be announced?

    One day last year I looked at what was required to hand in my ABN, which I’m not using.
    I decided it was easier to just fill in blank activity statements.

  2. Mark

    So based on the announcement, this will save 45 mins total over the life of a business?

  3. Morsie

    When ASIC took over registration of business names from the states registration went from basically instantaneous to weeks.Transfers of business names are now an abomination.Are they offering a partial fix of a problem created by the feds?

  4. Senile Old Guy

    One day last year I looked at what was required to hand in my ABN, which I’m not using. I decided it was easier to just fill in blank activity statements.

    If you do that for a while, eventually they will cancel it. It took some years and I think I got asked whether I wanted to keep it but I let it lapse.

  5. Howard Hill

    It ain’t registering a business that’s the problem. It’s keeping it running with every carpet licking, fudge packing, bureaucrat forcing higher taxes, higher wages, higher regulations, more diversity and banning anything they might deem triggering. It’s fooked and they’ll never fix it now, the talent pool is gone and the rest of the world is miles ahead of us. The best we can hope for is a Greek style bailout with lube added!

    Welcome to Veneztralia Comrades.

  6. Dr Fred Lenin

    The rudbull people I wont call them a government,is definitely keeping their eye on the important things . Poofter “marriage” writing the mixed blood indigenius into the constitution .gerbil worming putting up power prices Creating more useless regulations getting good u.n. Jobs for when they get the flick . Not wasting time on unimportant things like overspending. growing debt ,the menace of islamofascism in Australia ,the huge welfare bill, Corruption in governments , free speech , the rabid communist media, \
    North Korea , those unimportant nuisances . A fine body of statespersons .{ What did we do to deserve these useless maggots? }

  7. Interested observer

    We changed our email address. I attempted to update the ASIC site and after many hours of head clutching sent an email. The response referred me to the How to do it guide which I had already attempted to follow.
    I am now unable to renew or access the business name registration and the notice of payment will be sent to a no longer existent email address. Another business name registration with the same email address has been allowed to lapse as there was no access permitted. In theory the registration will remain lapsed without anybody else being able to register it for six months and there will be a follow up letter from ASIC to enable the current owner to renew. I will wait for somebody to knock on my door with a stern official warning and will then dissolve in tears and clutch the messenger around the neck while strangling him.

  8. JohnA

    Bruce of Newcastle #2504613, posted on September 22, 2017 at 1:48 pm

    But when will the new service that will allow for easy business de-registration and bankruptcy filing be announced?

    One day last year I looked at what was required to hand in my ABN, which I’m not using.
    I decided it was easier to just fill in blank activity statements.

    De-registering for GST should be enough, surely, to stop BAS arriving?

    I deregistered the small amateur theatre company where I am treasurer because the GST was always against us: we paid out even when shows ran a deficit. As a not-for-profit, the fact that the threshold went to $150K helped.

    I also helped (as auditor) a small historical society to deregister. They had been forced to register for GST when they were in the “local grants” merry-go-round, but once that was over, the quarterly effort was just too much for the competent but ageing hon. treasurer.

    Both bodies are very appreciative of the reduced government paperwork.

  9. EvilElvis

    Get them in quicker! Screw them over faster!

    Ffs, this is a liberal government.

    Sort out the ATO, cut taxes, sort out award wages and workers compensation. The massive glut of small businesses in between the single entity contracting advisory types and the stock exchange listed bigger boys is getting royally screwed by endless administrative and financial burden. All to pay our ‘share’ to keep the deadbeats in the lifestyle they are accustomed.

  10. Pyrmonter

    In bad news for creditors, the government has implemented “Safe Harbour” legislation to allow insolvent trading; “ipso facto” law reform that over-rides contractual termination rights; and proposes to shorten the term of bankruptcy from 3 years to 1: all in the name of fostering “enterprise”. Personally, I thought that was what equity was for.

  11. Justin

    Definitely keeping an eye on the big stuff is O’Dwyer. Up there with Kelly’s big announcement last year thereabouts into the regulation of a carton of eggs!!

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