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• Small & Medium Enterprises

• Structure and Dynamics

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• Structure and Dynamics - 2000
• Structure and Dynamics - 1999

SMEs constitute over 98% of enterprises in several industries

Businesses with 0-19 FTEs are most predominant in the personal and other services sector, accounting for 98.9 percent of all enterprises in this sector. Small businesses constitute the majority of these, making up 90 percent of enterprises in this industry.

SMEs are also dominant in finance and insurance, construction, property and business services, and communications services sectors, making up over 98 percent of businesses in each of these industry groups. Small businesses again account for the majority of SMEs in each of these sectors.

Figure 8 illustrates the significance of SMEs in each ANZSIC (Australian and New Zealand Industrial Classification) group, highlighting the importance of smaller enterprises to the economy.

Figure 8⁶

⁶ANZSIC industry classifications are:

A - Agriculture, forestry and fishing, B - Mining, C - Manufacturing, D - Electricity, gas and water supply, E - Construction,

F - Wholesale trade, G - Retail trade, H - Accommodation, cafes and restaurants, I - Transport and storage,

J - Communication services, K - Finance and insurance, L - Property and business services,

M - Government administration and defence, N - Education, O - Health and community services,

P - Cultural and recreational services, Q - Personal and other services.