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Micro, Small and Medium Enterprises Day - Monday 27 June 2022

Micro, Small and Medium Enterprises Day (MSME Day) on Monday 27 June 2022.

An initiative of the United Nations General Assembly, MSME is a day to acknowledge the important and vital contribution by more than 2.3 million small and family businesses in Australia in our economy, society and local communities.

Did you know*? 

  • small businesses employ over 5 million people, that's 42% of Australia's private sector workforce. 
  • small businesses employs 63% or almost 288,000 of Australia's apprentices and trainees.
  • top five industries with the highest percentage of people employed by small businesses 
    • agriculture, forestry and fishing - 82%
    • rental, hiring and real estate - 75% 
    • construction - 66% 
    • other services - 66% 
    • accommodation and food services - 48%.
  • small businesses contribute $483 billion to the economy, that's roughly 33%!
  • construction is our largest business sector, employing 793,000 people.
  • small business employs 42% of Australia's private sector workforce. 
  • small businesses account for 97% of all Australian businesses. 

*statistics from the Australian Bureau of Statistics, Australian Industry 2020-2021 and ASBFEO calculations, small businesses defined as those employing 0-19 people. 

Click here to visit the United Nations MSME Day webpage.