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Australian entrepreneurs move to the country and the suburbs
Topic Started: 8 Jan 2017, 08:44 AM (764 Views)
Rufus
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IT’S official. Australia really is an entrepreneurial nation.
Link
New figures released by the Australian Bureau of Statistics measuring the change in the number of business entities shows small businesses are growing exponentially.
In fact, in the last six years alone, the amount of businesses with one to four employees has grown 18 per cent with 285 new businesses starting every week.

Something is driving Australians to ‘have a go’ at starting their own business. Perhaps this is a result of an innovation boom with new technologies and access to universal broadband via the nbn network creating entirely new business entities or revolutionising traditional industries as we know it.

Perhaps it’s fall-out from the collapse of the mining boom which has freed up talent to create new start-ups.

Or is it the next generation of workers who aren’t as prepared as previous generations to take orders from a boss because the next generation wants to be the boss?
At the same time, big businesses in our CBDs are flat lining.

Australia’s once undisputed small business hotspot was the Sydney CBD including Haymarket and The Rocks, however, the number of businesses now located here increased by less than one per cent over the two years to mid-2015.

What we are now seeing is suburban entrepreneurialism.
Business numbers in suburban areas like Melbourne’s Bentleigh-McKinnon have shown some of the highest growth in Australia jumping a whopping 10 per cent in two years.

This compares with a national growth rate of barely four per cent.

In Brisbane’s Paddington, the equivalent increase was 12 per cent and in Sydney’s west, Lidcombe has increased 24.5 per cent. Something is happening.
Something is pulling or pushing new small businesses out of their comfort zone on the edge of the CBDs to new territories located closer to where Australians want to live, suburbia.

But there is more to this story than meets the eye. Some parts of regional Australia, well removed from mining communities, report small business growth at rates that even outpace the population growth rates in suburbia.

I believe it’s the next generation of Xers and Ys looking for an alternative lifestyle narrative to living in the suburbs and working in the city for a big firm.
I’m calling them ‘e-changers’, those who are taking advantage of super connectivity provided by the nbn network to take greater control of where they live and how they work.

For example, positioned between Melbourne and Geelong, Lara lifted its business community by 17 per cent over two years.

Port Fairy, the west coast ‘seachange’ location, grew its small business number by 13 per cent.

Even Kyabram in Victoria’s fruit bowl is on the up and up with an almost 11 per cent jump in small business numbers.

These towns are the poster children for enterprising Australians making it happen in regional Australia.

How about living and working in a lifestyle town on the coast or in the country? How about taking the entrepreneurial spirit from the city to regional Australia?

Sound like a good idea?

Well, apparently it is because the number of net new small businesses popping up in these places is booming.

Now that is a revolution. Now that is a movement.

Now that is a better way of living.

All the ingredients required to make this happen are with us now.

An entrepreneurial mindset, access to fast broadband, emerging technologies and a yearning for a better non-city quality of life.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Rastus2
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Rufus
8 Jan 2017, 08:44 AM


access to fast broadband,

hahahaha
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Bardon
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Yes pretty spot on things are definitely moving strongly for the better. Regional is probably undervalued right now for the right property in the right town.

And yes places like Paddington definitely have a hum to them at the moment.

I have a speccy block in a regional area and the longer I wait to develop the more I can refine it to suit new lifestyle choices. I am thinking about single person living, but not only pensioners.

This sucker is beginning to show its size and its going to be a big one.

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zaph
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Rastus2
8 Jan 2017, 09:32 AM

hahahaha
Australians often rubbish broadband speeds. I have a couple of computers and 4 phones on my (ADSL) internet and have no issues with speed. The problem is websites. News and Apple seem extremely slow. I understand that if I wanted to look at tomography then my net might not be fast enough. It does just fine for watching porn and ACA.

I believe that once I CAN get NBN that I must get NBN and pay more for something I don't need or want?

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Rastus2
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zaph
8 Jan 2017, 09:59 AM
Australians often rubbish broadband speeds. I have a couple of computers and 4 phones on my (ADSL) internet and have no issues with speed. The problem is websites. News and Apple seem extremely slow. I understand that if I wanted to look at tomography then my net might not be fast enough. It does just fine for watching porn and ACA.

I believe that once I CAN get NBN that I must get NBN and pay more for something I don't need or want?

sorry, I have to disagree.

When we are talking entrepreneurs and fast interest speeds in the country, the NBN capacity and rollout was critical to get right. It has not been done well.

Sure, it's ok for many basic users, however in a world where connection speeds can be awesome, NBN is yawnsome.


At first glance, the NBN map seems impressive
http://www.nbnco.com.au/learn-about-the-nbn/rollout-map.html

However the proof of the pudding is less so.

Our household has about 20 wifi devices attached, and 6 ethernet devices... most of them not consuming WAN bandwidth most of the time, just LAN.

The bottlekneck is not websites in Australia... it's NbN not NBN IMHO ;)
Edited by Rastus2, 8 Jan 2017, 10:24 AM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Rufus
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Rastus2
8 Jan 2017, 10:11 AM

sorry, I have to disagree.

When we are talking entrepreneurs and fast interest speeds in the country, the NBN capacity and rollout was critical to get right. It has not been done well.

At first glance, the NBN map seems impressive
http://www.nbnco.com.au/learn-about-the-nbn/rollout-map.html

However the proof of the pudding is less so.

Our household has about 20 wifi devices attached, and 6 ethernet devices... most of them not consuming WAN bandwidth most of the time, just LAN.

The bottlekneck is not websites in Australia... it's NbN not NBN IMHO ;)
Just did a speed test.
http://www.speedtest.net/

42.67 Mbps download on a wifi connection. I run 3 computers one BlueRay and one smart TV all on my household wifi with no issues.
I have cable. I also have NBN if I want it, but I'm resisting it, it's an unnecessary cost with no gain.

I often use a pocket wireless modem, it's my backup when Big pond goes down or I'm away from the office. Slightly slower usually but not enough to concern me, and sometimes surprisingly fast.

Being an early adopter who remembers dial up, I think what we have is amazing really and it almost never slows me down in a small business.
Edited by Rufus, 8 Jan 2017, 10:24 AM.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Foxy
Member Avatar
Zero is coming...

Rufus
8 Jan 2017, 08:44 AM
IT’S official. Australia really is an entrepreneurial nation.
Link
New figures released by the Australian Bureau of Statistics measuring the change in the number of business entities shows small businesses are growing exponentially.
In fact, in the last six years alone, the amount of businesses with one to four employees has grown 18 per cent with 285 new businesses starting every week.

Something is driving Australians to ‘have a go’ at starting their own business. Perhaps this is a result of an innovation boom with new technologies and access to universal broadband via the nbn network creating entirely new business entities or revolutionising traditional industries as we know it.

Perhaps it’s fall-out from the collapse of the mining boom which has freed up talent to create new start-ups.

Or is it the next generation of workers who aren’t as prepared as previous generations to take orders from a boss because the next generation wants to be the boss?
At the same time, big businesses in our CBDs are flat lining.

Australia’s once undisputed small business hotspot was the Sydney CBD including Haymarket and The Rocks, however, the number of businesses now located here increased by less than one per cent over the two years to mid-2015.

What we are now seeing is suburban entrepreneurialism.
Business numbers in suburban areas like Melbourne’s Bentleigh-McKinnon have shown some of the highest growth in Australia jumping a whopping 10 per cent in two years.

This compares with a national growth rate of barely four per cent.

In Brisbane’s Paddington, the equivalent increase was 12 per cent and in Sydney’s west, Lidcombe has increased 24.5 per cent. Something is happening.
Something is pulling or pushing new small businesses out of their comfort zone on the edge of the CBDs to new territories located closer to where Australians want to live, suburbia.

But there is more to this story than meets the eye. Some parts of regional Australia, well removed from mining communities, report small business growth at rates that even outpace the population growth rates in suburbia.

I believe it’s the next generation of Xers and Ys looking for an alternative lifestyle narrative to living in the suburbs and working in the city for a big firm.
I’m calling them ‘e-changers’, those who are taking advantage of super connectivity provided by the nbn network to take greater control of where they live and how they work.

For example, positioned between Melbourne and Geelong, Lara lifted its business community by 17 per cent over two years.

Port Fairy, the west coast ‘seachange’ location, grew its small business number by 13 per cent.

Even Kyabram in Victoria’s fruit bowl is on the up and up with an almost 11 per cent jump in small business numbers.

These towns are the poster children for enterprising Australians making it happen in regional Australia.

How about living and working in a lifestyle town on the coast or in the country? How about taking the entrepreneurial spirit from the city to regional Australia?

Sound like a good idea?

Well, apparently it is because the number of net new small businesses popping up in these places is booming.

Now that is a revolution. Now that is a movement.

Now that is a better way of living.

All the ingredients required to make this happen are with us now.

An entrepreneurial mindset, access to fast broadband, emerging technologies and a yearning for a better non-city quality of life.
Foxbat advised me to move to Margaret River 4 years ago,

Thanks old man, looks like you are right again...


https://www.youtube.com/watch?v=DjSmAIdsQvg

http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Will
Unregistered

I do value your input and common sense Rufus. So please don't take offence to this.

You make it sound like all the start-up's are high tech Bio-research labs, or advanced aerospace firms.

Actually, its just a couple of hundred bogans starting a plastering business, a framing business, another guy who got an ABN for his tractor and slasher he uses to mow the side of the Bruce highway to Cairns then turns around and by the time he gets back to Brissie, the grass is long again.

Another dude bought a Hire-a-Hubby franchise so that's a new ABN.

And then this chicks Pinterest page is getting lots of followers so now she's started selling stuff.

I think one of the new businesses probably got themselves a 5 axis mill, so there is a little bit of high tech here and there.

And I reckon there's at least one IT firm amongst all the new businesses' as well.

Having said that, there's nothing wrong with all this!
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