NSW Government Spent $10 Billion With Small and Medium Businesses

Australia’s small business have been struggling, with the business insolvency rates remaining high in 2025.

NSW Premier Chris Minns speaks to the media during a doorstop following a tour of the Novus on Harris build to rent development site in Parramatta, NSW, Australia, June 19, 2025. AAP Image/Dean Lewins

New South Wales (NSW) Labor government has recorded a $10 billion spend with small and medium businesses across the state as part of its commitment to support local jobs.

The figure is up from $8.7 billion in 2021-22 and is almost a quarter of the $42 billion spent on goods, services, and construction.