Northern Rivers businesses ride the ‘lifestylepreneur’ wave


Local entrepreneurialism boom spurred by connectivity

The Northern Rivers has been named one of the nation’s top entrepreneurial hotspots according to leading KPMG Demographer, Bernard Salt.

Commissioned by nbn, the Northern Rivers lifestylepreneur report reveals there has been a four per cent uplift in local start-ups (1-4 employees) in the last two years, in part due to the region’s increased connectivity through access to fast broadband.

The research reveals business owners are embracing digital technologies to expand in to new markets and highlights key pockets such as Kingscliff (up 19 per cent), Mullumbimby (up 19 per cent) and Bangalow (up 18 per cent) are leading the charge.

Strong tourism numbers continue to drive growth in the accommodation and retail service businesses in the region. However, sectors such as public administration (up 50 per cent), utilities (up 50 per cent) and education (up 25 per cent) have shown the greatest uplift since 2015.

 

KPMG Special Advisor and