The Australian people have spoken. The Liberal/National Party federal coalition have won the Australian federal elections. This will please, among others, US President George W Bush, one of whose main international supporters is Australian Prime Minister John Howard. There is now no risk of Australian troops being withdrawn from Iraq before the US thinks that’s ok.

As far as I know, neither the Liberal Party government nor the Australian Labor Party opposition have policies which are specifically about home based business. Then again, I’m hard put to imagine just what policy settings would be considered of significance for home based business.

There has been some indication that both the government and the opposition have *started* to think about policies for small business, but my hunch is that those policies would be of more significance to businesses that employed people on a full time basis. Issues such as unfair dismissal laws and employer contribution to superannuation, about which there has been some mention in the election campaign in relation to small business, would I guess be of limited if any relevance to people in home based business.

A February 2004 US report – Home-Based Business and Government Regulation, commissioned by the US Government’s Small Business Administration, states at the outset that “Government regulations typically have a disproportionately large impact on very small businesses” and goes on to say that home-based businesses make up “roughly half of all U.S. businesses”.

Given the trend of many people in the developed world to establish themselves in the home based business sector, it will be interesting to see whether that translates in due course into some concerted action to influence government policy – or whether indeed that is already happening in some meaningful way.

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