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Labor’s National Small Business Strategy Criticised as “All Spin, No Substance”

Labor’s National Small Business Strategy Criticised as “All Spin, No Substance”
By Robert Heyward
The Albanese Government’s recently released National Small Business Strategy has drawn sharp criticism, with claims that it offers little in the way of new policies or tangible support for Australia’s struggling small business sector.
Since Labor took office, more than 27,000 businesses have closed, making December 2024 the worst quarter for insolvencies on record, with nearly 4,000 closures. Critics argue the strategy does nothing to address these challenges.
Federal Member for Page Kevin Hogan described the strategy as a glossy PR exercise, filled with stock images and vague promises rather than practical solutions.
“A third of the document is taken up by cover pages, artwork, and photos—many of which aren’t even Australian businesses,” Mr. Hogan said. “We’ve got images of a New Jersey bakery and two American carpenters from a Bank of America campaign.”
Mr. Hogan has called on Labor to disclose how much taxpayer money was spent on the report, suggesting it offers no meaningful assistance to the small business community.
“My advice to small businesses is don’t bother printing it—it’s not worth the paper it’s printed on,” he said.
No New Policies or Relief
Critics argue that instead of introducing fresh initiatives, the strategy merely repackages existing policies and provides vague commitments to “continuing meetings” and “working together.” Meanwhile, small businesses continue to grapple with rising costs, increased insolvencies, and the broader economic pressures of Labor’s industrial relations reforms.
“Small businesses deserve better than Labor’s empty gestures and foreign stock photos,” Mr. Hogan said. “It’s time for real policies that actually help the people who keep our economy running.”
Coalition Promises Support for Small Business
Mr. Hogan outlined the Coalition’s commitment to small businesses, emphasising a strong pro-business platform that includes:
- Reversing complex industrial relations reforms introduced by Labor
- Cutting red and green tape to reduce regulatory burdens
- Delivering cheaper, cleaner, and consistent energy
“A Coalition Government will back small businesses as the key driver of economic growth and security,” he said. “We will be unashamedly pro-small business and deliver real reforms to help this vital sector get back on track.”
The National Small Business Strategy has sparked broader debate over the government’s approach to supporting the sector, with industry groups and opposition leaders calling for a more comprehensive response to the ongoing pressures on Australia’s 2.4 million small businesses.
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