The Number of Female Entrepreneurs in Australia is Growing

According to research by the Australian Bureau of Statistics, the number of Australian women choosing to flip corporate life the bird in favour of starting their own business is on the rise.

Women now account for over a third, or 34 per cent (668,670 women) of all business operators. This is an increase of 46 per cent over the past twenty years. The increase in the number of men setting up their own business over the same period of time was 27 per cent.

The stats also show that women are increasingly likely to call it quits to start businesses in their thirties, the main motivator usually being family availability. Women between the ages of 44 and 55 were found to own the most.

“It not only allows women to have careers that are vital and challenging, but it also gives them the power to decide when, how and where their work gets done,” says the report.

And with the massive advances in technology making it easier than ever to start a business, more and more people are feeling confident in taking the plunge. Some only need a great idea and an internet connection to start a hugely successful business.

Women’s access to equal rights, finance, tech and education in Australia has made it the second best place in the world for women to start their own business, says the 2015 Global Women Entrepreneur Leaders Scorecard. The US is ranked as the first while the UK, France and Sweden fell in line behind us.