A new whitepaper from NAB examines how the Australian SME sector, and the country more broadly, can continue to prosper, and what we can do to support SMEs. Get the full picture.
Australia’s SMEs are the backbone of the Australian economy, employing seven million people and accounting for 57 per cent of the nation’s GDP. But these companies are facing both significant challenges and opportunities in a globalised marketplace, disrupted by technological advances and the arrival of nimble market entrants. NAB is committed to promoting growth opportunities for Australian SMEs. We believe it is critical that other stakeholders – government, and both private and public institutions – help Australian SMEs future-proof themselves by embracing innovative solutions. Innovation is continuous improvement and this is increasingly essential in order for businesses to thrive.
Find out more in NAB’s Backing Business – Innovation Lessons from Israel report.
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