Posts tagged "boosting GDP"

Australia's small business sector contributes more than half a billion to national GDP and provides jobs for 5.1 million people, according to a new snapshot of the local business landscape.

SMEs represent 99.8% of all businesses in Australia, contribute half of the GDP, and are critical to the nation’s economic prosperity and diversity.

Modelling shows investing in childcare and aged care would have a significant economic payoff, boosting per-person annual GDP by $1,270.