Number of new businesses rises, but SMBs remain vulnerable

By Lorna Brett · 2 February 2012 · Economy

Number of new businesses rises, but SMBs remain vulnerable

Australian Businesses on the Rise, But What's the Catch?

New business registrations are up, but a closer look reveals that small businesses are still struggling to stay afloat. Is the economy's recovery as strong as it seems?

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Summary

The number of trading businesses in Australia rose 0.4 percent in 2010-11, thanks to an increase in new business registrations and a decline in exit rates, the Australian Bureau of Statistics (ABS) said.

Tags: Australian Bureau of Statistics, Australian business numbers, business survival rates, Economy, new business numbers, new business registrations