About 98 per cent of all businesses would be exempt from new privacy laws under a new definition of small business the Albanese government is being urged to adopt despite a tripling in online account breaches.
The small business lobby is pushing to limit the reach of Labor’s overhaul of the Privacy Act to firms with annual turnover above $10 million, up from the current threshold of $3 million.
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Tom Burton was government editor at The Australian Financial Review.
