NATIONAL BUSINESS NAMES REGISTRATION INITIATIVE A $1BN BONANZA
Source: Australia. Minister for Small Business, Independent Contractors and the Service Economy Minister Assisting the Finance Minister on Deregulation. Media Release
"Commonwealth, State and Territory Small Business Ministers today agreed in-principle to a national business names initiative that promises to deliver Australian businesses $1 billion in benefits over the next 10 years.The breakthrough was one of two major initiatives arising from the Small Business Ministerial Council meeting in New Zealand covering red tape reduction and small business development for indigenous people.The ambitious national business names initiative will establish a one-stop online shop for businesses to interact with government and bring Australia one step closer to a seamless national economy"