SMEs spend 25 per cent more than big business in R&D in Australia. The biggest contribution to R&D in Australia is done by SMEs @COSBOA@RBAInfo
Brad Jones @RBAInfo highlighted at the @COSBOA Summit that SMEs often face challenges in securing financing for innovation-based investments from traditional banks. SMEs often rely on sources like family, friends, and non-bank institutions. #COSBOA24#SmallBusiness
ASIC Commissioner Kate O'Rourke joined a regulators panel at the @COSBOA Summit to discuss ASIC's small business strategy, and how regulators are breaking down barriers for small business. Find out more about our work for small business https://t.co/pW6ybtnvbW
#COSBOA24
Turning the tables with media looking at politics and the economy for the next 12 months. The perception is that this may be a real contest. @COSBOA#cosboa24
Prime Minister Anthony Albanese at @COSBOA Summit “we don’t think co-operation is a sign of weakness” looking to work productively with small business. #cosboa24
Regional resilience and maintaining it requires a well regulated competitive landscape, access to childcare and improved connectivity . #cosboa24@COSBOA
The @NSWSmallBizCom Chis Lamont outlining the business stress being experienced by small business owners, the impact of the pandemic on work/life balance and compliance burden. #COSBOA24@COSBOA
Chris Lamont, @NSWSmallBizCom speaking at the @COSBOA Summit, emphasised the importance of local initiatives amidst national challenges. He highlighted efforts in NSW, stating, 'We're reviewing protocols to ensure new regulations meet our small businesses' needs.' #cosboa24