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On-line program to cut costs for small businesses.

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Media Release The Hon Fran Bailey, MP

12 April 2006

ON-LINE PROGRAM TO CUT COSTS FOR SMALL BUSINESSES The Coolamon Shire Council received formal acknowledgement today of its commitment to cutting compliance costs to business, at a certificate ceremony to mark its successful application under the Australian Government’s $50 million Regulation Reduction Incentive Fund (RRIF).

The Council, which heads a consortium of 13 NSW local government authorities, has been awarded a $200,000 grant for its Start Your Business Here project, an online, self-guided computer program to allow start-up businesses to determine what regulations and planning controls they must comply with in each of the local government areas that make up the Riverina Eastern Regional Organisation of Councils.

The Minister for Small Business and Tourism, Fran Bailey, presented representatives with an Australian Government certificate of achievement recognising the consortium’s contribution to cutting compliance costs.

Fran Bailey recently announced RRIF funding for 31 projects nationwide to streamline and simplify small businesses’ dealings with local government generating estimated savings of $450 million over the next two years.

“During the development stage of this project, participating council's will audit and review the regulations they have in place, with a view to amending and/or standardising regulations across the eastern Riverina region.

“It will reduce the time spent travelling to seek advice from council about establishing a business, as many people live a considerable distance from their local council office.”

This investment through the Coolamon Shire Council is estimated to provide cost saving to small businesses in the eastern Riverina Region of NSW in the order of $2.2 million over two years.

The total investment in NSW under RRIF is more than $7 million. The predicted saving to small business is in the order of $61 million for New South Wales.

Media Contact: Kevin Lowe, 02 6277 7450 or 0408 404 468.