New research by conducted by LinkedIn in partnership with Kantar reveals that despite the fact 71 per cent of Australia’s SMEs were affected by lockdowns through much of the year, 38 per cent of them actually performed better than…
Source: Roy Morgan Business Single Source, Dec 2010-Nov 2021. Average monthly sample over the last 12 months = 1,359. This month, November 2021, Roy Morgan Business Confidence dropped 2.3pts (-2%) to 113.0. The decrease came despite the end of…
<!– Oscar –> 25 November 2021 The Australian Banking Association (ABA) has today released its 2021 SME Lending Report, highlighting how important Australian Small and Medium Enterprises (SMEs) are to the country’s economic recovery. The report was released to…
The Australian Bureau of Statistics (ABS) has released its latest Wage Price Index (WPI) on Wednesday, revealing that wages are on the rise after businesses experienced labour market disruptions in 2020 and early 2021. The WPI recorded a 0.6%…
Cashed-up Aussies are set to unleash billions of pent-up spending, but businesses will likely have to jack up prices during the pre-Christmas surge. Australian retailers are set to pocket record revenues in a Christmas cash splash but many businesses…
On the face of it, October’s jobs report – showing a fall in employment, a rise in unemployment and a jump in the jobless rate to 5.2% (from 4.6%) – looked poor and the initial reaction treated it thus.…
As restrictions lift around the country spending levels are rising to pre-lockdown levels, with spending across the country up 20 per cent during the week to 29 October compared to the same period of 2019. Commonwealth Bank chief economist…
Recent data coming from MYOB in its latest Small Business Health Index has shown the adverse of impact lockdowns on the building and construction sector. The data shows that as of 22 October total invoice creation was down 31…
Just in time for the festive season, Victoria and New South Wales have finally begun easing restrictions after extended lockdowns. Bricks-and-mortar stores are opening their doors again and restaurants, cafes and bars are welcoming back patrons. It’s been almost…
As lockdowns and restrictions are lifted, sentiment regarding economic conditions and short-term revenue growth is rebounding quickly among SMEs despite some level of caution still being felt. The latest COVID-19 SME Tracker, conducted by business market research firm ACA…