Business confidence slashed amidst recession fears

- June 9, 2020 2 MIN READ

66 per cent of small businesses are concerned Australia will experience a recession and 62 per cent believe the severity will be the worst in 20 years. 61 per cent of small business owners say COVID-19 has negatively impacted their business Two-thirds of SMEs are planning to consolidate or cut costs in the coming year.… Read more »


Business outlook positive as company wind-ups decrease

- October 24, 2019 < 1 MIN READ

In good news for business sentiment, Prushka Fast Debt Recovery reports the number of businesses winding up is on the decline. Applications to wind up decreased by 8 per cent in the July to September quarter with only 940 businesses issuing notices to wind up during the three month period. Victoria remains the state with… Read more »


The news you need to know: October 11 2019

- October 10, 2019 2 MIN READ

Have you missed today’s headlines? Never fear. Catch up on the news that matters to small business owners with our daily news briefs. Here’s what you need to know on Friday, October 11, 2019. Small business ombudsman launches insolvency inquiry The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has announced an inquiry into… Read more »


Business confidence higher but uncertainty on growth remains

- July 4, 2019 2 MIN READ

Businesses are more confident about the year ahead according to research by Roy Morgan with 53.9 per cent of businesses expecting to be better off financially this time next year. While business confidence is virtually unchanged since May (following an 11 per cent bump after the results of the federal election), the positive sentiments continued… Read more »


MYOB business monitor report reveals small business optimism

- August 7, 2018 < 1 MIN READ

The latest figures from MYOB’s Business Monitor Report reveals businesses are generally optimistic about current conditions. 33 per cent of SMBs expect the economy to improve in the next twelve months, while 32 per cent think it will remain much the same. This year’s results show an improvement on last year when only 25 per cent… Read more »


Business confidence rising but cash flow still an issue for Australia’s SMEs

- March 17, 2018 < 1 MIN READ

Business confidence is rising but cash flow continues to remain an issue for Australia’s small businesses according to a Scottish Pacific’s SME Growth Index. The report which is released twice yearly, began in September 2014 to examine the pain points and growth aspirations of the nation’s small business owners. Scottish Pacific CEO Peter Langham said… Read more »