National Family Business Day September 19th

September 19th recognises the great contribution family businesses make to the Australian economy, community and culture.

The RIC Group is a proud family business and here are some points of importance of family businesses to Australia:

• Family businesses account for approximately 70 per cent of all businesses in Australia – estimated at half a million businesses.
• Approximately 50 per cent of the Australian workforce is employed in family businesses.
• Australian family business sector is worth approximately $4.3 trillion.
• The average family business has a turnover of $12 million, and employs 37 people.

Family businesses play an important role, as they employ more than 50 per cent of the Australian workforce.

Some of Australia's most iconic family business brands are Scenic World, Akubra Hats, Haigh's Choclates, Maggie Bear, Coopers Brewery, Packer Leather, Bundaberg Brewed Drinks and many more.
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