Number of businesses booming in the ACT as territory tops national rate

Number of businesses booming in the ACT as territory tops national rate

Learn why the ACT's small and large businesses surged 25 per cent from 2019 to 2024 amid economic hurdles.

ACT has fastest business growth rate in Australia

The ACT has recorded the fastest business growth rate in the country over five years, expanding from 29,000 businesses in 2019 to 36,000 last year — a 4.6 per cent annual growth rate, increasing every year, according to Tapt’s Business Growth Index. “Canberra’s position as the nation’s leader in business growth is a testament to the creativity, resilience and ambition of our local entrepreneurs and business owners,” an ACT government spokesperso…