According to the research, titled Cairns Lifestylepreneur report, small businesses are embracing digital technologies to expand in new markets and highlights key areas such as Yorkeys Knob (up 58%), Brinsmead (up 50%) and Bentley Park (up 31%).
The report also claims that small businesses in media and IT industries have shown exponential growth in the last two years (up 100%) as more creative entrepreneurs flock to Cairns.
Report author and KPMG demographer, Bernard Salt said: “Small businesses in Cairns have always had an inherent resilience as they have never been offered the natural support of a capital city job market – businesses must make a go of it or go out of business.
“The tyranny of distance is fading with greater connectivity allowing Australians to work from wherever they choose to meaning business owners are now empowered to expand their operations and connect with suppliers and customers from anywhere in the country.”
Head of Business at NBN Co, Ben Salmon said: “Job growth, innovation and opportunity are no longer restricted to businesses within the major cities as the NBN network provides small and medium businesses similar access to their big city counterparts.
“As the rollout of the NBN network ramps up within Cairns and surrounding regions, we are seeing Australian businesses maximise their productivity and improve their work-life balance by embracing new technology powered by access to fast broadband.”
According to NBN Co figures, there are almost 100,000 homes and businesses that can currently connect to the NBN network within the Cairns Regional Council and Douglas Shire Council regions with the final 7000 premises currently under construction.