A thriving economy means we can enjoy more of what we love at lower prices. From restaurants to local retail, smaller businesses have been struggling with challenges of the last few years, so helping to boost them is a great way to support your local community and the economy.
With the ever-changing conditions of the COVID-19 pandemic, along with the recent environmental and international challenges of 2022, it may feel like things are looking more downhill than up. But there are some things that you can do to help stimulate the economy and drive change as an individual.
Let’s look at three of the small steps you can take to help boost your local economy and the wider Australian economy.
Buy from local Aussie businesses.
The incredible small businesses around Australia have been hard hit over the past few years, with lockdowns, uncertainty and supply chain issues all hitting these hard-working businesses. If you can, a wonderful way to boost your local economy is by buying from these small businesses. Often great for gifts, homewares, and so much more, find a small business you love and support them if you can during these tough times.
Find your new favourite local.
More than just retail, another way to help support your local economy, and one of our favourite ways, is to support local restaurants and cafes by getting takeaway, dining out when you can, and generally eating out of the house. These businesses have faced uphill battles over the past few years, and continuing to eat out and support them is a great way to help stimulate your local economy.
Donate where you can.
If you’re able and have the financial capacity, donating to charities and organisations is an incredible way to help stimulate the economy. With many organisations seeing fewer donations as people struggle financially with the COVID-19 pandemic, donating where you are able is a fantastic way to give back. Find an organisation that you connect with and start there.
Supporting and stimulating the economy helps your communities in the short and long term, and is a great tool to help local businesses and industries bounce back after the hardships of the last few years and what may continue to be tough times. Re-discover and support the businesses you love and do your part to help get the economy thriving.
Want to support your favourite Australian-owned local business? Shop online with the Army Shop, Navy Shop, Air Force Shop, or online and in-store with The Military Shop today.
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