Goal

Thriving and innovative industries driven by a high level of business confidence

Indicator - 10.4.3.

Growth in the number of small businesses

Measure of Progress - 10.4.3.1.

Growth in the number of small businesses

View detailed Progress report on this Measure

Baseline Measurement

The three year rolling annual average growth in the number of small businesses operating in Tasmania from 2004 to 2006 was 1.9%. This compared with national growth of 1.6% for the same period.

Where does this information come from?

ABS Cat. 8165.0

Why do we use this Measure?

Small business is an important ingredient for economic and employment growth

Explanation of measure

The measure is based on counts of businesses as at 1 June, sourced from the Australian Bureau of Statistics business register. It is the 3-year rolling annual average growth in the number of small businesses. The 3-year growth for Tasmanian small businesses is compared with national growth for the same period.

Tasmania Together Targets

Year	Target
2005	-
2010	Achieve national average
2015	Maintain
2020	Maintain