New research released today shows 1/3 of businesses in Australia are run by migrants.

The study, run by CGU Insurance, alleged these businesses have employed 1.41 million Australians, and predicted migrant-owned businesses could potentially create up to 200,000 new jobs in the next five to 10 years.

Small Business Spokesperson for CGU, Kate Wellard, said the research has helped challenge the perceptions that migrants are taking more than they’re giving.