{"id":47113,"date":"2023-10-20T15:52:28","date_gmt":"2023-10-20T15:52:28","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/government-attacked-over-business-name-register-privacy-fears-startupsmart\/"},"modified":"2023-10-20T15:52:28","modified_gmt":"2023-10-20T15:52:28","slug":"government-attacked-over-business-name-register-privacy-fears-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/government-attacked-over-business-name-register-privacy-fears-startupsmart\/","title":{"rendered":"Government attacked over business name register privacy fears – StartupSmart"},"content":{"rendered":"

The Opposition has accused the Federal Government of breaking \u201cyet another promise\u201d by failing to remedy the issue of home-based business owners\u2019 personal addresses appearing on the National Business Names Register.<\/p>\n

<\/span><\/p>\n

 <\/p>\n

The register, which went live on May 28, is administered by the Australian Securities and Investments Commission.<\/p>\n

 <\/p>\n

It replaces the previous state and territory services so that businesses only need to register their name with a single national register.<\/p>\n

 <\/p>\n

However, the register has been causing headaches for home-based businesses, which are required to include a physical address on the register.<\/p>\n

 <\/p>\n

For many home-based businesses, their only physical address is their personal address, which has some people concerned for their privacy<\/a>.<\/p>\n

 <\/p>\n

Home-based businesses can address privacy concerns by using their accountant\u2019s address but this will incur a fee.<\/p>\n

 <\/p>\n

According to shadow small business minister Bruce Billson, the government promised to fix this issue but has failed to do so.<\/p>\n

 <\/p>\n

\u201cAt a meeting in September, the government undertook to fix the issue and to report back on their progress by the start of October but we\u2019ve heard nothing,\u201d Billson said in a statement.<\/p>\n

 <\/p>\n

\u201cThis is a serious issue, which demonstrates that the government is asleep at the wheel and focused on saving face in the media for its poor management of the country.<\/p>\n

 <\/p>\n

\u201cPeople have a right to privacy and this issue should be of the upmost priority for the government, yet they seem to be taking the approach that it will hopefully blow over.\u201d<\/p>\n

 <\/p>\n

A spokesperson for Bernie Ripoll, parliamentary secretary to the treasurer, says: \u201cWe set up a meeting for [Billson] with ASIC on business names because he wanted to raise a number of issues around that. This is one of the issues he raised.\u201d<\/p>\n

 <\/p>\n

\u201cWhilst we\u2019re sympathetic to businesspeople who are caught in this situation, ASIC has valid policies and legal reasons for why people have to produce a physical address, such as serving papers.<\/p>\n

 <\/p>\n

\u201cThey can go through an agent to collect their mail and so forth instead of producing their home address. We acknowledge in some cases there might be a fee involved with that.<\/p>\n

 <\/p>\n

“ASIC is looking into this. There was never any understanding we would fix this by October.<\/p>\n

 <\/p>\n

“And it\u2019s going to be impossible anyway, even if we wanted to, because the fact is it would require changes to legislation and these things always take time.\u201d<\/p>\n

 <\/p>\n

But Peter Strong, executive director of the Council of Small Business of Australia, says Billson is \u201cprobably right to say nothing\u2019s been done\u201d, agreeing it is a serious issue.<\/p>\n

 <\/p>\n

\u201cMy understanding is that ASIC are aware of the issue and looking at various mechanisms to fix it but they have to move much more quickly,\u201d Strong says.<\/p>\n

 <\/p>\n

\u201c[One of the main issues is] you have to have a place to serve papers \u2013 this is a problem for ASIC.<\/p>\n

 <\/p>\n

\u201cOne of the solutions would be people saying, \u2018No, you can\u2019t have my address\u2019 but if they\u2019re involved in serving papers then people can ask for it.\u201d<\/p>\n

 <\/p>\n

Billson and Strong\u2019s comments come after ASIC released an update of the register, providing a snapshot of the service for the fortnight of November 19 to December 2.<\/p>\n

 <\/p>\n

During this period, 11,117 business name registration applications were received, and 8,124 business names were fully registered.<\/p>\n

 <\/p>\n

Since the register went live back in May, more than 148,000 business name registration applications have been received, and 129,689 business names have been fully registered.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Opposition has accused the Federal Government of breaking \u201cyet another promise\u201d by failing to remedy the issue of home-based<\/p>\n","protected":false},"author":2,"featured_media":62851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,20,18,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47113"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=47113"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62851"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=47113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=47113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=47113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}