Small business minister trying to convince colleagues to change laws which Business Council of Australia says would raise prices and damage the economy

The small business minister, Bruce Billson, is trying to convince cabinet he can change competition laws to stop big business “abusing” market power, while “appeasing” the powerful Business Council of Australia (BCA) which is implacably opposed and says the move would raise prices and hurt the economy.

Cabinet is deeply divided on the issue which pits the biggest companies in the country against the small business “engine room” the government courted with its “have a go” 2015 budget.

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Source: The Guardian Circular Economy RSS