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Allegra Spender

Government needs to remove the barriers to business dynamism

Industrial relations and overbearing regulators are making life harder for Australian businesses, but it doesn’t need to be that way.

With rising insolvencies and falling per capita GDP, it has never been more important to make Australia the best place in the world to start and grow a business.

If I ask entrepreneurs what they need from Canberra, the immediate response is almost always for government to stay out of their way! In more reflective moments, they identify three key things they need: broadly stable and competitive economic settings, the ability to find the right people and manage them flexibly, and making it easy to deal with government and comply with regulation.

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Allegra Spender is the member for Wentworth.

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    Original URL: https://www.afr.com/policy/economy/government-needs-to-remove-the-barriers-to-business-dynamism-20240408-p5fi2u