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22 October 2019

Shopping small has big impact on communities, economy

There’s nothing small about the impact small businesses have on our communities and the national economy.

The annual American Express Shop Small campaign kicks off on 1 November, encouraging Australians to get behind small business by shopping small and local.

There’s a very good reason for that!

Small businesses with less than 20 employees comprise 97% of all Australian businesses, employ more than 40% of the workforce and account for over one-third of the nation’s GDP.

More than 40 cents in the dollar spent on small businesses flows back to the local community – that includes everything from wages to local residents, to sponsorships for local schools and sporting teams.

That’s why it’s so important Australians back small business by shopping small and local. When small business thrives, so does the community and the broader economy.

Just this week, Canberra was treated to a taste of the first-class customer service and connection with community that goes hand-in-hand with shopping locally at the Shop Small Showcase at Parliament House.

The event, featuring 14 small businesses from across the country, recognised Australian small businesses as the engine room of the economy and their positive contribution to our communities.

My office is a proud supporter of the Shop Small campaign, and I urge everyone to buy local during the November campaign and beyond.