The Turnbull Government has been dragged kicking and screaming to extend unfair contract term protections to small businesses.

After promising before the election to extend these protections to small business the Government completely betrayed small businesses throughout Australia by opposing the Treasury Legislation Amendment (Small Business and Unfair Contract Terms) Bill 2015 in the Senate.

Labor and the crossbench joined together to support this legislation which extends unfair contract term protections to contracts up to $300,000. A cap that will cover most IT, engineering and other independent contractors, including those in the public service.

In a humiliating backdown the Government has now supported this legislation in the House.

As the Australian economy transitions, the role of our small businesses as drivers of economic growth and prosperity has never been more important.

Small businesses are at the forefront of innovation, productivity and opportunity and Labor will work to help small business grow and prosper.

WEDNESDAY, 21 OCTOBER 2015