Family businesses are considered the backbone of the New South Wales economy with half a million operating across the country.
Today they will take part in the fifth annual National Family Business Day, a celebration of the contribution which family businesses make in local communities nationwide.
Member for Bathurst Paul Toole is encouraging family businesses in the Bathurst electorate to join in this day of recognition by taking some time out in the first-ever Family Business Morning Tea, to share their experiences with employees and other businesses.
“Family businesses are the heartbeat of local communities, employing about 50 per cent of the Australian workforce,” Mr Toole said.
“It’s great to share a cuppa with the family team at Brabham’s Outdoor Power Centre in recognition of their importance and contribution to our local economy and community.
“Clive, Wendy, Paul and Julie Brabham have been in business in Bathurst for over 65 years. The Brabham family business began operating in the 1950’s (with Clive and his parents) and is a great example of a solid local business that continues to grow.
“I encourage every family business in Bathurst to share some time with family, employees and other businesses in the local area to encourage and thank all who dedicate their time to keeping small business thriving in our local communities.
“Families who own and run businesses also face many challenges and make many sacrifices through their journey as business owners, so this day is a wonderful way in which to thank them for their contribution to Australia’s economy, community and culture.”
The day is an initiative of Family Business Australia (www.fambiz.org.au) which is the peak body for family businesses in Australia.