24,000 new jobs could be funded this Australia Day
This Australia Day over 24,000 new jobs could be funded if every Australian made just one credit card purchase with an Aussie business.
Making the conscious decision to buy from Australian companies means that money stays inside the country and that sales taxes go towards the Australian economy and public funding.
This one purchase per Australian on Australia Day would inject more than $2 billion into the Australian economy. The GST alone from this figure could pay for 1,802 entry level nurses and 1,891 primary school teachers across the country.
When Australians send their money offshore it’s bad for everyone. A large portion of the workforce in Australia are employed by local businesses. Without continued support from the Australian public, many businesses close and Australians lose their jobs.
At the current rate of small business failure, roughly 4.8 million jobs could disappear in just three years. A figure that’s higher than the current population of Sydney.
Head to the True Blue Australia Day sale page to find out more.
CEO of Showpo Jane Lu explains that there are number of significant challenges in starting up and continuing the success of an Australian business and that many Australian businesses need the public to stand behind them in order to be successful.
“Starting and growing a business is hard,” says Jane Lu, CEO of Showpo. “Getting finance was difficult.”
“At the beginning it was difficult to convince suppliers to give me consignment and terms for an online business,” she says. “And one of the biggest challenges I still deal with is cost of shipping. It’s a massive pain factor for Australia - domestically and internationally.”
Many Australian businesses lose out to overseas competition as we've seen in the results of a survey conducted by Marks Sattin. But she says that the decision to spend money overseas is not just the fault of the consumer.
“I think sometimes not enough care goes into customer happiness and customer retention by traditional businesses compared to customer acquisition and sales,” Lu says.
But without a loyal customer base it is difficult for many Australian businesses to survive. Customer loyalty is more important than ever to Aussie businesses.
“Showpo has exceptional customer service and throughout the last 5 years have built a brand the Australians can trust,” Lu says. “But we wouldn’t be where we are today without our loyal customers choosing to shop with Showpo.”
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image: Courier Mail