According to a June 2021 survey of small to medium sized enterprises (SMEs) in Australia, 56.3 percent of SMEs were in the growth/expansion phase with an annual revenue of 10 to 50 million Australian dollars. By comparison, start-ups with annual revenues between one and ten million Australian dollars accounted for 6.2 percent of Australian SMEs in 2021.
Distribution of small to medium enterprises (SME) in Australia as of September 2021, by business phase and revenue range
Characteristic
Start-up
Growth/Expansion
Contracting
Exiting
Unsure/No view
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Judo Bank. (September 15, 2021). Distribution of small to medium enterprises (SME) in Australia as of September 2021, by business phase and revenue range [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1264965/australia-share-of-smes-by-business-phase-and-revenue/
Judo Bank. "Distribution of small to medium enterprises (SME) in Australia as of September 2021, by business phase and revenue range." Chart. September 15, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1264965/australia-share-of-smes-by-business-phase-and-revenue/
Judo Bank. (2021). Distribution of small to medium enterprises (SME) in Australia as of September 2021, by business phase and revenue range. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1264965/australia-share-of-smes-by-business-phase-and-revenue/
Judo Bank. "Distribution of Small to Medium Enterprises (Sme) in Australia as of September 2021, by Business Phase and Revenue Range." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1264965/australia-share-of-smes-by-business-phase-and-revenue/
Judo Bank, Distribution of small to medium enterprises (SME) in Australia as of September 2021, by business phase and revenue range Statista, https://www.statista.com/statistics/1264965/australia-share-of-smes-by-business-phase-and-revenue/ (last visited August 24, 2024)
Distribution of small to medium enterprises (SME) in Australia as of September 2021, by business phase and revenue range [Graph], Judo Bank, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1264965/australia-share-of-smes-by-business-phase-and-revenue/