A report released by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) revealed the small business sector contributes $506 billion or one-third of Australia’s GDP.

Small businesses also provide jobs for over 5.1 million Australians.

Bruce Billson spoke with Oly Peterson on 6PR’s Perth Live.

“We saw a significant increase in the number of small businesses the last financial year,” Mr Billson said.

Press PLAY to hear an update on the condition of small businesses in Australia

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