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Budget 2005: Government invests $36 million in business.gov.au.



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Media Release The Hon Fran Bailey, MP

10 May 2005

GOVERNMENT INVESTS $36 MILLION IN BUSINESS.GOV.AU

The Australian Government will provide continued funding of $36.4 million over four years to support www.business.gov.au (Business Entry Point) as part of the Australian Government’s commitment to assisting small business.

The Minister for Small Business and Tourism, Fran Bailey, tonight announced the funding as part of the 2005-06 Budget.

Fran Bailey described www.business.gov.au as a gateway for information on Australian Government services and programs for business, in particular small businesses.

“www.business.gov.au is popular with small businesses across Australia - with the site receiving 160,000 visitors a month. Through the site, small businesses can access around-the-clock information and support,” Fran Bailey said.

“The site provides practical advice through all stages of a small business, from the first steps in setting up a new business, to managing staff and training to expanding a business by exporting to overseas markets.”

The continued funding of $36.4 million over the next four years will support:

· advice on setting up a new business (e.g. registering, permits);

· setting up a home-based businesses (e.g. Council requirements);

· help on managing a business (e.g. staff, taxation, training);

· practical help on how to expand a business (e.g. exporting, tenders);

· 10,000 links to government information (e.g. grants);

· one-stop-shop for over 5000 online forms for business; and

· online searches of ABN information.

“With a relatively modest annual investment, www.business.gov.au has helped position Australia as a world leader in online business-to-government interaction. This funding will ensure this continues and even more assistance is provided to small businesses,” Fran Bailey said.

“Small business is a vital source of jobs, economic growth and innovation in Australia. The 2005-06 Budget demonstrates the Australian Government’s commitment to supporting small businesses and helping them to prosper.”

Fact sheet

Media contact: Kevin Lowe, 02 62777 450 or 0408 404 468

Business Entry Point

What funding is the government committing to the Business Entry Point?

● The Government will provide $36.4 million over four

years to continue the www.business.gov.au (Business Entry Point) initiative.

What have we done in the past? ● www.business.gov.au was announced in the More Time for Business statement in March 1997. The 1997-98 Budget provided funding of $159.3 million for the More Time for Business package, including $1.6 million for www.business.gov.au. The 2001-02 Budget provided funding of $33.8 million for this initiative. The Small Business Assistance Package provided an additional $2.1 million for BEP in 2001-02. ● The site has become a major player in the Australian

online business environment receiving 160,000 visits per month from Australian businesses. This initiative has also helped to position Australia as a world leader in online business to government interaction.

Where will the funding be focused? ● The ongoing funding for www.business.gov.au will enable the service to continue for a further four years. ● The support that will be delivered includes advice on

setting up a new business, setting up a home-based businesses, help on managing a business and practical help on how to expand a business.

How will www.business.gov.au benefit regional Australia? ● www.business.gov.au provides an around-the-clock service to business in all parts of Australia.

Who will benefit from www.business.gov.au?

● www.business.gov.au is of benefit to anyone interested

in setting up or is currently running a business.

When will the program conclude? ● www.business.gov.au has been funded for the next four years to 2008-09.