Small businesses will be crucial to Group of 20 plans to achieve its growth and job targets.
Federal Small Business Minister Bruce Billson will tell a Melbourne conference on Friday that in Australia's case, small and medium-sized enterprises (SMEs) will be driving the economy as the mining investment boom subsides.
The G20 in February, under Australia's presidency, agreed to lift global economic growth by two per cent above current projections over the next five years, creating tens of millions of jobs.
"SME's will be crucial in achieving the G20 objectives and a stronger and more prosperous global economy," Mr Billson will say.
He says SMEs can be more adaptable and flexible, able to exploit niche markets and develop and embrace new technologies.
They can also respond to price and demand conditions more quickly and are more disciplined faced with competition.
The minister says in his prepared speech that the Abbott government is committed to ensuring Australian SME's thrive and grow in a competitive economy.
However, the challenge of achieving robust and sustainable growth extends well beyond Australia's own backyard.
"The recoveries underway in advanced economies are welcome, but long overdue, with growth remaining subdued," he says.
While dealing with legacy issues from the global financial crisis remains a priority, more job creation and business investment in this recovery is needed.
Mr Billson will address the "G20 Agenda for Growth - Opportunities for SMEs conference" at noon.
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