Thank you to small and family businesses on MSME Day 2022
27 June 2022
Monday 27 June 2022 was Micro, Small and Medium Enterprises Day (MSME Day) and MGA celebrate the important contribution made by more than 2.3 million small and family businesses in Australia.
In terms of our economy, we can thank our Australian small businesses for:
employing over 5 million people, that’s 42% of the private sector workforce, making small business Australia’s biggest employer.
contributing over $438 billion to Gross Domestic Product (GDP), equivalent to over 33% of Australia’s total economy.
employing the largest number of apprentices and trainees in Australia.
Small businesses hired almost 288,000 apprentices and trainees, which represents 63% of Australia’s apprentices and trainees.
Our members’ small and family business owners play a vital role in our society and local communities. Our members’ contribution is apparent through their generosity, public spirit, and willingness to volunteer.