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 has held senior editorial and publishing roles with The Mandarin, The Sydney Morning Herald and as Canberra bureau chief for The Australian Financial Review. He has won three Walkley awards. Connect with Tom on Twitter. Email Tom at tom.burton@afr.com
