Post by Australian Business Growth Fund (ABGF)

Australia's #productivity conversation often circles back to tax, technology and infrastructure. But as The Australian Financial Review explores today, there's a bigger opportunity hiding in plain sight. Growth economy businesses represent just 6% of Australian companies, yet account for 42% of all employment and nearly half of all R&D. Many are falling through the capital cracks despite their outsized contribution. Our research reveals a $38 billion equity funding gap. With access to the right equity capital, SMEs estimate their revenue could grow by 24.5% - that's new markets, new products, new jobs. ABGF was built to close that gap. Patient capital that backs Australian businesses to grow without giving up control. ➡️ Read the full story here: https://lnkd.in/gmDrrvp8 Anthony Healy Ghazaleh Lyari Patrick Verlaine Rayna Toman Stefanie Allen Bonnie Powell Tim Haden Neve Glowacki Isabella Jones