Business set-up, transfer and closure
This inquiry has concluded. The Australian Government asked the Productivity Commission to undertake a public inquiry into barriers to setting up, transferring and closing a business and identify options for reducing barriers where appropriate.
The issues paper was intended to assist you in preparing a submission. It covered a range of issues on which the Commission sought information and feedback. Initial submissions were due 20 February 2015. Read the issues paper
The Commission conducted a broad ranging investigation to specifically investigate, analyse and propose recommendations on:
- The nature and the scale/extent of barriers to entry and exit that existed for businesses and their impact on economic performance.
- Identify appropriate options for reducing these entry and exit barriers, including but not limited to advice on the potential impacts of:
- the regulation of product and service markets
- transfers and subsidies to businesses, including import barriers
- regulations affecting the ease of starting, operationalising or closing a business
- time spent on and cost of complying or dealing with government regulation, licensing and bureaucracy
- the personal/corporate insolvency regimes on business exits.
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Media release: Productivity Commission inquiry into barriers to business entries and exits
