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Study: Most family firms dissatisfied with current gov't

MORE than 90% of family business owners have expressed dissatisfaction with the current government, an RMIT survey revealed on Wednesday.

The MGI Australian Family and Private Business Survey 2013 also found 83% of respondents were also disappointed with the Coalition.

Results were released as a draft Productivity Commission report confirmed the sector was suffering from "lack of staff, time and resources" in dealing with compliance obligations.

The survey also showed family businesses were employing fewer people than a decade ago, while three quarters of owners experienced static or falling market conditions in the past three years.

It showed only 40% of the two million enterprises which represent the family business sector had positive expectations for improvements in the next year.

The survey results were reflected in the commission's draft report, which said government regulators needed to do more to understand the burden of regulation on small businesses.

Commissioner Dr Warren Mundy said the regulator's culture and attitude were "as important as the content of regulation itself".

But he said less than one in five regulators were actually informed about the costs they created for businesses.

While still seeking feedback from the sector, the commission noted regulators should make greater use of industry associations to inform businesses and explore adopting lower cost regulatory options.

Topics:  federal government productivity commission study


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