Top 10 Small Profitable Business Ideas In Australia
On a global level, Australia was ranked 14th in the world for conducting business with ease in 2020, as per the data observed by the World Bank. Being the 6th largest country and having the 13th largest economy, Australia is known for maintaining an excellent economic landscape marked by well-regulated financial and corporate sectors. Most budding entrepreneurs are inspired to execute their own niche and leave a mark in the corporate world. In the ever-evolving technological world, many entrepreneurs have surged to unprecedented heights, building profitable businesses in Australia. Here are some important insights: The primary sources of revenue in Australia are driven by exports in the mining sector, banking, manufacturing, and telecommunications. The service sector contributes to 70% of GDP in the country, and this includes industries like education, tourism, and financial services. The population of Australia is around 26 million, and per capita income is $66,408, ...