|When an issue you have a strong opinion about is being discussed on TV, you wave your finger at the screen and (loudly) tell anyone who will listen what your opinion is.
Except nobody can hear you. Only your long-suffering family.
If you happen to be a regional business that supplies to the mining industry, one of those issues will be how long it takes you to get paid. It’s also a safe bet that you have an opinion on several other topics relating to mining companies and their interactions with small business.
· Inflexible systems?
· Contract cancellation clauses?
· Contract liability clauses?
· Tender processes?
· Inflexible systems?
· Procurement policies?
· Cumulative impact?
· Economic impacts
|Well, you now have an opportunity to actually be heard by someone other than your partner, children and pets.
The Federal Government has started a Parliamentary Inquiry into:
“…how the mining sector can support businesses in regional economies”.
The big-ticket item is clearly going to be Payment Times. Not being paid for your goods and services for 90 days or more can have disastrous consequences for small businesses.
Just like the Banking Royal Commission, I’m sure there will be some not-very-nice stories come out, but if regional businesses don’t put submissions in, nothing can happen. At the very least, the views and case studies from regional businesses will be documented.
Submissions don’t have to be lengthy. Just a few paragraphs or bullet points will help to paint the picture.
If you could spread the word amongst your network it would be very helpful.
|The Terms of Reference
“Terms of Reference” is just a fancy way of saying what the Inquiry will be looking at. I’ve copied and pasted them here.
“The committee will inquire into how the development of the mining sector can support businesses in regional economies.
The inquiry will consider questions including:
When undertaking this Inquiry the Committee should have regard to:
Note that there is one bullet point about how the Federal Government can help as well.
Over to you …
You’ve been practising in front of the TV for years, so now is the time to act.
Have Your Say
Tell Your Story
Make A Submission
Bronwyn Reid | 10 May 2017