National Family Business Day, 19 September, is dedicated to celebrating the vital role family-owned businesses play in our economy and communities. Family businesses are the heartbeat of Australia and New Zealand, driving innovation, creating jobs, and fostering a sense of community. We invite you to support, choose, and celebrate family businesses... today, and every day.
The Backbone of Our Economy.
Family businesses are integral to Australia's economy, representing 70% of all businesses and employing 50% of the workforce. These businesses generate an estimated $4.3 trillion in wealth, highlighting their significant economic impact.
In New Zealand, family businesses represent a staggering 75% of all businesses, contributing approximately 65% to GDP, and employing around 75% of the workforce. Notably, the agriculture sector, which is pivotal to the nation's economy, is predominantly made up of family-owned businesses.
From small local shops to large multinational corporations, family businesses are the leaders, innovators, entrepreneurs, and job creators that keep Australia and New Zealand moving forward.
Community Champions.
Beyond their economic contributions, family businesses are also champions of community support and philanthropy. In Australia, family businesses donate around AU$1billion each year. They sponsor local sports teams, build community infrastructure for health, education and the arts, and establish charitable foundations, making significant contributions to the social fabric of our communities. These philanthropic efforts underscore the deep-rooted commitment of family businesses to giving back and supporting the communities in areas where they operate.
Trusted.
Family businesses are not only trusted by consumers but also preferred. 70% of consumers trust family-owned businesses over non-family businesses, and 66% are willing to pay more for their products and services. Additionally, 54% of the workforce prefers to work for family businesses, reflecting the positive work environment and strong community ties these companies offer.
Get Involved
FBA has created a dedicated National Family Business Day website filled with resources, including social media images and videos, posters, key statistics, family business stories and even cupcake toppers.
Everything you need to spread the word and celebrate.
Download Assets and Explore NFBD25 Website
Visit our NFBD25 website to access the full suite of assets and discover ideas to make the most of the day. Together, let’s shine a spotlight on the economic contribution, innovation, generosity and community spirit that make family businesses so special.
