Matthew Addison, executive director of the Institute of Bookkeepers and chair of the Council of Small Business Organisations Australia. Source: Supplied.
On June 14, small business ministers at both the federal and state level met in Melbourne to begin work on a new, harmonised small business strategy.
Matthew Addison, chair of the Council of Small Business Organisations Australia (COSBOA) attended the meeting, sharing his organisation’s vision for small business policy.
Below is a lightly-edited version of his remarks.
The lay of the land
The Australian Small Business and Family Enterprise Ombudsman recently reported that the percentage of small business not making a profit has increased from 43% to 46%.
Meanwhile, 75% of small business owners take home less than the average wage.
Yet small businesses remain the largest private sector employer in Australia, comprising more than five million employees in the workforce.
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