From Scotland comes this observation on the state of small business in Australia:

“Far from being viewed as the poor relation, SMEs in Australia enjoy a reputation as innovators, capable of providing high-quality products and services and representing a key engine for growth. ***

Fascinatingly, rather than treating its entrepreneurs as charity cases, the Australian government believes the best way to help indigenous businesses is to do business with them.

*** Australia’s approach has really resulted in a level of self-belief among its indigenous companies.”

A positive, encouraging environment for small and midsize business leads to increased self-belief and confidence by the businesses. In turn, that results in small and midsize businesses becoming even more successful. No mystery there.

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