In the closing session of COSBOA’s Vodafone National Small Business Summit today (Thursday 16th July); Mike Rich, buy cialis CEO of Attache, ask said Australia needs to follow the lead of the UK and Europe, generic when it comes to the interests of small and medium sized businesses.
Referencing the M Institute report in the UK, which says the label ‘small business’ is misleading and it’s not about size but growth aspiration.
He went onto say that Europe focuses more on small and medium business than Australia; even though there’s 300,000 enterprises fitting that description in the country and they don’t get much attention and are near invisible when it comes to the political wave.
In the report, from the UK, which looked at ways to grow the economy and create jobs, it identified three steps for growth, which were touched on at the summit today, these were: confidence to grow, building skills and plugging the finance gap.
Mr Rich said: “I put forward to Governance, both Local and Federal, we could get the team who were involved in that report out to Australia, in a matter of a few weeks, to update it on how it would apply to Australia. They would need to be paid, because cost of not doing it would be greater. This would provide us with a plan of what to do in the sector – and maybe it could be funded by one or two less government adverts, we’re not talking much at all.”
Joining Mike on the panel was Oliver Yates, CEO of Clean Energy Finance Corporation and Kathryn Bordanaro, Director and GM of All Biz Finance Brokers.
The Vodafone National Small Business Summit continues tomorrow and is opened by the Hon Joe Hockey MP.