The small biz year ahead

It has been an acutely challenging year for small businesses. Rising costs, interest rates, labor shortages and big new regulatory burdens have made life much more difficult. So, is there any light on the horizon in 2025? For an end of year economic summary, we’ve turned to the CEO of Australian Chamber of Commerce and Industry, Andrew McKellar. After a look back at 2024, Andrew signposts the global and domestic trends ahead, including the Federal Election. He describes practical solutions to boost productivity, including smarter tax policies, leveraging technology like AI, and how small business owners can influence government. Business Essentials Daily is produced by: SoundCartelsoundcartel.com.au+61 3 9882 8333See omnystudio.com/listener for privacy information.