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Councillor Angela Vithoulkas Notice of Motion

The City of Sydney Small Business Community

THE CITY OF SYDNEY SMALL BUSINESS COMMUNITY (S129267)

12. By Councillor Vithoulkas

It is resolved that Council:

(A) note:

(i) the small business community in the City of Sydney plays a vital and varied role as crucial participants across the retail, tourism, education, creative and digital, tech startups, finance and professional services sectors and more;

(ii) more than 80% of all businesses that make up the City of Sydney’s small business community are defined as small business, employing over 100,000 people;

(iii) a quarter of the output of the City of Sydney’s economy can be attributed to small business, at more than $25 billion per year;

(iv) while the successes of small business owners often go unobserved and unreported, they nevertheless continue to contribute to the local economy, innovate, employ people and provide the city with diversity and vibrancy; and

(v) the continued advocacy of the City of Sydney remains crucial for the longevity and resilience of our small business community; and

(B) reaffirm its stated aim, with particular reference to small businesses in the City of Sydney local government area, that it will:

(i) work to ensure all aspects of the economy are robust and that Sydney’s sectors and businesses can thrive at all levels;

(ii) work to ensure that Sydney remains resilient as changes take place within our economy that are expected and unexpected, positive and negative; and

(iii) advocate to other levels of government for policy and regulatory reform and investment in infrastructure and services that will enhance the development of this global city.

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