BizCover, Australia’s top online business insurance platform, has just released its Small Business Growth Report for 2025, revealing which small business sectors are thriving and which are facing a slowdown. The report analyzes insurance policy requests, offering valuable insights into how businesses are adapting to the changing landscape.
According to Sharon Kenny, Head of Marketing at BizCover, “Despite ongoing economic challenges, certain sectors have experienced impressive growth, indicating new opportunities for business owners. Understanding these shifts is key to positioning for success in 2025.”
Fastest-growing sectors
BizCover’s analysis of year-on-year (YoY) insurance requests highlights these top five growing sectors:
- Societies, Associations, and Groups – Up 36.2% YoY
- Fueled by a rise in community-focused organizations and social projects.
- Tax Services – Up 34.6%
- Reflecting growing demand for financial expertise amid economic uncertainty.
- Property – Up 34.3%
- Driven by strong demand in both residential and commercial property investments.
Other notable sectors showing strong growth include Complementary Therapies (32.7%) and General Services(31.8%).
Growing sectors by volume
In terms of volume, these sectors saw the largest increases in insurance requests:
- Aged and Disability Care
- Cleaning and Gardening
- Post-Construction Services
The Aged and Disability Care sector is growing rapidly, buoyed by the National Disability Insurance Scheme (NDIS) and an ageing population. Cleaning and Gardening services are booming due to time-pressed households and increased demand from older Australians.
Sectors showing slowing growth
While some industries are soaring, others are slowing down:
- Surveying – Down 15.7% YoY
- Likely due to a slowdown in infrastructure projects and a shift toward bundled services.
- Data Processing, Web Hosting, and Electronic Information Storage – Down 15.4%
- These sectors are facing increased competition from large cloud providers and automation.
Also experiencing declines are General Retail, Tertiary Education, and Wood and Paper Manufacturing.
Slowing sectors by volume
The sectors with the largest decrease in volume of requests include:
- Data processing, web hosting, and electronic information storage services
- Surveying
- Printing
But even declining sectors offer opportunities. For instance:
- Data Processing: Specialize in niche markets like healthcare.
- Surveying: Diversify into sustainable planning and geospatial technologies.
- Printing: Focus on eco-friendly practices.
BizCover’s report underscores the importance of understanding emerging trends to stay competitive. Sectors like Societies, Associations, and Groups, and Aged and Disability Care offer significant opportunities for Australian business owners in the coming years. Sharon Kenny advises business owners, “Instead of fearing change, leverage it. Use these shifts to build on your strengths and adapt. Specializing in a niche or offering unique services can position your business for long-term success.”
Keep up to date with our stories on LinkedIn, Twitter, Facebook and Instagram.
Get key insights into the changing small business landscape in Australia with BizCover’s 2025 Small Business Growth Report. News, industry Dynamic Business
