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Labor is making life ‘more difficult’ for small businesses

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1,209 views23likes4:38SkyNewsAustraliaOriginal Release: 2026-07-22

Small businesses in Australia face significant economic pressures including high insolvency rates (approximately 5,000 per year in New South Wales), rising electricity and insurance costs, complicated industrial relations laws, high compliance costs, and increased bureaucracy, which collectively make business operations more difficult and contribute to a weak economic environment.