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Commonwealth Bank champions small business

1 May 2007

The successes of small businesses across the country are to be celebrated through a comprehensive new Awards program launched today by Commonwealth Bank Local Business Banking, Precedent Productions and the Australian Government.

The Australian Small Business Champion Awards are designed to support and recognise the most outstanding small businesses in each state and their contribution to the local community.

As the official Patron of the Awards, Minister for Small Business and Tourism, Fran Bailey, believes the initiative provides the opportunity to demonstrate the depth and breadth of talent in the small business sector and said that Australia needs to champion small business heroes as much as it champions its sporting heroes.

"These awards are an excellent opportunity to champion the success of our vibrant small business sector. In fact, more than 3.7 million jobs are created by small business. I would encourage interested small business owners to participate in this excellent initiative," said Minister Bailey.

The Australian Small Business Champion Awards program originated from the long-running NSW Small Business Champion of Champion Awards and Commonwealth Bank Local Business Banking has played an integral role in taking these Awards to a national level.

Michael Blomfield, Executive General Manager Local Business Banking, said, "The Australian Small Business Champion Awards acknowledge the dedication and achievements of the small business community across Australia."

"The Commonwealth Bank is dedicated to supporting Australian business and setting a new standard for the quality of service provided by banks to local businesses. This initiative is just one way in which we are helping to support and reward local and small businesses for their hard work and contribution to the community."

Precedent Productions Managing Director, Steve Loe, said, "We have been running the NSW Awards program for over eight years and they have become highly regarded among the small business community. Rolling the initiative out at a wider state and national level is a natural progression."

All small businesses in Australia’s retail, services and manufacturing industries are eligible to enter the Awards*- there are 31 categories in total. Judging will take place in each state and territory, with all state or territory champions eligible to win the national award in their category. One small business will also win the prestigious national accolade of ‘Small Business Champion Entrepreneur’ and a prize to the value of $40,000, sponsored by the Australian Government.

The Awards are also being supported by CPA Australia, PKF Australia, Quicken and Fairfax Community Newspapers. Entries are now open and will close nationally on 20 July.

For further information about the Australian Small Business Champion Awards visit or call the Local Business Banking team on 13 26 07, 24 hours a day, 365 days a year.


* Eligible small businesses include those in retail or service industries with 40 full time employees or less or those in the manufacturing industry with 100 full time employees or less.


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For further information, please contact:

Bryan Fitzgerald
Commonwealth Bank
T: 02 92378 2663 / 0414 789 649

Jodie Oberg
Precedent Productions
T: 02 9264 0757 / 0419 031 499