The SME Market in Australia

What is a Small to Medium Enterprise in Australia?

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Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in Oceania are businesses with no more than 500 employees.

Small and medium-size enterprises play a hugely important role in the economy of Oceania. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

How big is the SME Market in Australia?

The SME market in Oceania has huge potential for growth. Oceania has a population of over 42,898,745 people.

Oceania has recently had a GDP of over $1,622,244 million.

What help is available for SMEs in Australia?

Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.

Oceania

Australian Capital Territory | New South Wales | Northern Territory | Queensland | Tasmania | Victoria | Western Australia