The Australian government’s “closing loopholes bill” aims to reduce wage theft, but industry groups say it will have knock-on effects on the country’s start-up sector

 
With rising inflation, rents and recession fears, some governments are deciding now is the time to introduce industrial reform laws.

But will that place an unnecessary burden on business when they can least afford it?

The Australian government has introduced its “Closing Loopholes bill” which it says aims to stop wage theft in the economy.

Surely a noble cause, but with business closing left and right, is now really the right time?

And what will be the cost to the economy? #economy #entrepreneur #government