Small business on the brink as report lays bare the state of the sector

Small Business Australia Executive Director Bill Lang has spoken with Steve Price on News24 about the latest findings from the Small Business Australia Quarterly Report: The Australian Economy and the Small Business Sector.

The report provides an important snapshot of the economic conditions facing Australia's small business sector and the growing pressures being experienced by small business owners and their families.

During the interview, Bill Lang highlighted the impact of red tape and regulatory pressures on everyday small businesses, warning that regulators are “squeezing the lifeblood” out of everyday small business families.

For small businesses already dealing with rising costs, economic uncertainty and the challenges of running a business, the growing burden of regulation and compliance can make it increasingly difficult to operate, invest and grow.

The latest Quarterly Small Business Report examines the broader economic environment and what it means for Australia's small business sector.