Australia’s Fastest Growing Small Business Sectors for 2025

BizCover, Australia’s leading online business insurance platform, has unveiled its Small Business Growth Report for 2025. The report highlights the fastest-growing and slowing small business sectors in Australia, based on a comprehensive analysis of small business insurance policy requests.

By comparing year-on-year (YoY) percentage changes, BizCover aims to help small business owners better understand the evolving business landscape and identify emerging opportunities for 2025.

Sharon Kenny, Head of Marketing at BizCover, comments, “Despite economic challenges, certain sectors have experienced impressive growth, which signals new opportunities for business owners and investors alike. By understanding these shifts, businesses can better position themselves for success in 2025 and beyond.”

Key Highlights

• Emerging trends: Growing demand in 2024 for Societies, Associations and Groups, Tax Services and Property sectors compared to 2023.

• Australia’s top-growing small business sectors in 2024: Aged and Disability Care, Cleaning and Gardening, Post-Construction Services.

• Sectors Showing Slowing Growth: Surveying and Data Processing, Web Hosting, and Electronic Information Storage Services experienced the steepest declines in both volume and percentage of new insurance requests.

Top 5 Fastest-Growing Sectors

To uncover the fastest growing sectors, BizCover analysed the percentage increase in small business insurance policy requests from 2023 to 2024, revealing which sector had the biggest jump.

The top three fastest-growing sectors were:

1. Societies, Associations, and Groups – 36.2% YoY growth, may be driven by an increase in community-focused organisations and charity work.

“The significant increase in new business insurance quotes in this sector compared to the previous year could show that there is a renewed focus on social connectivity and community-minded projects that people want to get involved in,” says Kenny.

2. Tax Services – 34.6% growth, could reflect a growing demand for financial expertise amid complex economic conditions.

3. Property – 34.3% growth, suggesting strong demand for residential and commercial property investments.

Top 5 Growing Small Business Sectors by volume of requests in 2024

With over 70 small business sectors analysed and focussing on the volume of small business insurance requests throughout 2024, BizCover has identified which sectors experienced the most growth when compared to others.

“This is a useful indicator of industry growth trends based on internal data,” says Sharon Kenny, Head of Marketing at BizCover. “Simply put, more new business insurance requests correlates to more new small businesses.”

The top three growing sectors were:

1. Aged and Disability Care- This points to a notable rise in the number of new businesses entering the sector.

“This is not an entirely surprising outcome, given that the NDIS already supports over 640,000 participants and continues to grow rapidly,” says Kenny.

2. Cleaning and Gardening- This surge could be driven by the increased demand from time-pressed households, as well as an ageing population and government support for these services.

“With fewer older Australians looking to move into assisted living, there is increased demand for assistance with house-related tasks and further fuelling demand is the fact that government support programs like the NDIS and aged care services that subsidise these essential services,” says Kenny.

3. Post-Construction Services – This suggests a shift towards more specialised post-construction tasks rather than traditional building services.

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