Published on 25/01/2017 by Punchmedia

Australia a Hive of Small Business Activity

New data from government agencies has revealed that Werribee and Hoppers Crossing in Melbourne's west, Liverpool in Sydney's south-west and Toowoomba in Queensland have emerged as the hottest hubs of new small business activity in Australia. New statistics show that there was a 36 per cent increase in ABN registration in 2016, with growth attributed to the sharing economy and the rise of sole traders willing to go out and have a go on their own. Areas where existing development and infrastructure and are happening have also drawn strong small business investment according to the data. In Sydney, 6642 new businesses registered in the South-Western suburb of Liverpool, located 32 kilometres from the CBD. Liverpool is home to more than 140 languages and its population of more than 24,000 was found last year to make the most online shopping purchases. Like Liverpool, Toowoomba and Werribee are all seeing huge investment in infrastructure, education and property as well as business. Toowoomba, for example, recently opened the Wellcamp airport, and is already a site for business negotiations around chilled beef export to China. Werribee in Melbourne is also going through incredible growth. Pacific Werribee Shopping Centre (formerly Werribee Plaza) has undergone a $400 million redevelopment making room for more small business. As part of the redevelopment, 17 new eateries were opened, many of which are franchises including Schnitz, La Porchetta and San Churro. * With AFR

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Curtis is a leading expert in the business-for-sale industry, serving as a senior content creator at anybusiness.com.au.

With a career spanning over fifteen years, Curtis has accumulated extensive knowledge in the domain of business sales, acquisitions, and valuations. His deep understanding of market dynamics and his ability to translate complex industry jargon into accessible insights make him a trusted resource for entrepreneurs and business owners looking to buy or sell businesses.

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