Australia's small and medium businesses are closing at record pace.
The ABS recorded around 370,500 exits in 2024 / 25.
The butcher who knows your kids' names. The florist who saved your anniversary. The café that still remembers your coffee order.
Each one is someone's life's work, someone's job, and a piece of what makes a suburb feel like home instead of just a postcode.
SME (Small & Medium-sized Enterprise) Expert, Gabe Enslin, tells Mike Australians are sleepwalking into a country where the high street is a Kmart and a Temu parcel, and we’re doing it on autopilot.
He's got a clear view on what’s actually killing these businesses, what ordinary Australians can do about it, and where governments keep getting it wrong for the SME operators who employ most of us.

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