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Luke Achterstraat

Why we need to get behind small business

The true backbone of Australia’s entrepreneurial spirit and innovation lies within its small business sector, not just the tech giants.

Luke AchterstraatSmall business advocate

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The news this week that Coles and Woolworths could be fined billions of dollars if they mistreat their small suppliers could be the game-changer Australia’s small business innovators and entrepreneurs have been hungry for.

The revamped mandatory code of conduct aims to rectify the power imbalance between major grocery stores and their small suppliers. These suppliers – and in turn their own small suppliers – are often small, innovative businesses.

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Luke Achterstraat is the CEO of the Council of Small Business Organisations Australia

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    Original URL: https://www.afr.com/work-and-careers/management/why-we-need-to-get-behind-small-business-20240624-p5jo67