Posts tagged "australian 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.

While the Australian economy is currently powering along, the International Monetary Fund has confirmed that 2023 is going to be a return to business as usual for Australia — pre-pandemic business, that is.

The Australian share market has opened 1.8% lower today, after disappointing results in the US where stocks fell due to concerns about the t…