Young companies created nearly all of the 1.6 million net new jobs in Australia from 2003 to 2014, new research shows.
Large firms created more jobs but also shed more jobs, making little contribution to total employment at the end of the 11-year period, research by the federal Department of Industry shows.
Image: Department of Industry, Innovation and Science secretary Glenys Beauchamp said Australia lags badly in global innovation surveys and trails other rich economies in other key areas. Vince Caligiuri
