Australia's small business owners are rapidly getting older as the proportion of younger entrepreneurs shrinks, according to research from the Australian Small Business and Family Enterprise Ombudsman. Ombudsman Bruce Billson said the most common age of small business owners across Australia is 50 years, compared to 45 years in 2006. "In the 1980s there were actually twice as many small business owners aged between 30 and 49 as there were aged over 50," Mr Billson said. "The Intergenerational Report being released by the Treasurer this week highlights the ageing of the population and the quest to make our economy larger to meet the challenges and opportunities of the future.

https://www.miragenews.com/aging-trend-emerges-among-small-business-owners-1070007/

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