Distribution of SMEs in Australia 2021, by business phase and revenue
According to a June 2021 survey of small to medium sized enterprises (SMEs) in Australia, 56.3 percent of SMEs were in the growth/expansion phase with an annual revenue of 10 to 50 million Australian dollars. By comparison, start-ups with annual revenues between one and ten million Australian dollars accounted for 6.2 percent of Australian SMEs in 2021.
