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'Business for good: the size and economic contribution of social enterprise in Australia', Social Enterprise Australia
This report by Social Enterprise Australia reveals that 12,033 social enterprises contribute $21.3 billion to Australia’s economy, employing over 206,000 people.
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This research report, commissioned by Social Enterprise Australia and conducted by Impact Tracks, provides a comprehensive overview of Australia’s social enterprise sector. The study reveals that, despite limited federal government support, social enterprises make a significant economic contribution. With an estimated 12,033 social enterprises nationwide, the sector contributes $21.3 billion to the economy, or 1% of GDP. Social enterprises also employ over 206,000 people, representing 1 in 60 jobs or 1.6% of the Australian workforce—comparable to employment in sectors like arts, recreation, and mining.
The research further highlights the sector's employment intensity, creating 9 jobs for every $1 million in turnover. The report breaks down these figures by state and territory, offering a detailed view of social enterprise activity across Australia. By making the economic value of social enterprises visible, this research seeks to encourage greater recognition and support for the sector, particularly from the federal government.
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