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Topic

Small Business

A collection of 2 issues

Australia Inc: Small business is losing economic ground

Small businesses dominate Australia's business count, but their economic footprint is shrinking. Their share of private-sector employment has fallen from 53% in 2006 to 39%, while their share of GDP has dropped from 40% to 32%.

Scary - absolute decline in number of businesses that employ people

The ABS Counts of Australian Businesses publication measures the stock of actively trading businesses in Australia, together with business entries, exits and survival. The latest release, published on 18 August, covers the four financial years from July 2022 to June 2026. The figures are drawn from the ABS Business Register,