'Several thresholds' need to be met for small businesses regarding IR bill

Small Business Minister Julie Collins says there are "several thresholds" that need to be met for small businesses when it comes to the industrial relations bill.

“There are four streams and we do expect that most small businesses will actually go through the cooperative stream," Ms Collins said during Question Time on Monday.

“Most of the businesses will be able to take an off the shelf product or work with their employer peak organisation, so those costs are estimates only and they’re unlikely to be required for most small businesses to meet those costs.”