Insights into the health
of Small Business

Australia | Reporting period: June 1, 2016 - June 30, 2017 Published: September 12, 2017 Next publish: October 16, 2017

Cash flow

0%

of Australian small businesses were cash flow positive in June

View metrics

of Australian small businesses were cash flow positive in June
0p.p.
Month on month
0p.p.
Year on year

Cash flow

Percent of Australian small businesses that are cash flow positive

The toughest period is typically after Christmas; just 47% of businesses were cash flow positive in February, matching a two-year low. Read more

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Getting paid

0

days on average for Australian small business invoices to be paid in June

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days on average for Australian small business invoices to be paid in June
0%
Month on month
0%
Year on year

Getting paid

Average number of days for an Australian small business invoice to be paid

Invoices with 30-day payment terms waited an average 36 days to be paid in June. That’s better than a year earlier, when the figure was almost 40 days. Read more

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Hiring people

0%

increase in the number of Australian small business employees in June month on month

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increase in the number of Australian small business employees in June month on month
0p.p.
Year on year

Hiring people

Percentage change in number of small business employees

Small business employers expanded headcount by 1.3% month on month in June, outpacing the growth seen in ABS jobs data for all of Australia. Read more

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Trading overseas

0%

drop in the total dollar value of imports and exports for Australian small businesses in June month on month

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drop in the total dollar value of imports and exports for Australian small businesses in June month on month
0p.p.
Year on year

Trading overseas

Percentage movement in the total dollar value of imports and exports

The value of goods and services imported by Australian small businesses has trended higher this year. Read more

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Cloud adoption

0%

growth in Australian subscribers on Xero in the year through 31 March 2017

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growth in Australian subscribers on Xero in the year through 31 March 2017
   
 

Cloud adoption

A breakdown of the top 5 Australian industries adopting Xero

The construction industry adopted Xero more than any other sector in the year through 31 March 2017. Read more

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Australia | Reporting period: June 1, 2016 - June 30, 2017 Published: September 12, 2017 Next publish: October 16, 2017

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The insights that champion the small business economy

  • Industry focus
  • Opinion

At Xero, we often talk about championing small businesses. But what does that actually mean? When it comes down to it, how can anyone – from government or enterprise to small business owners themselves – go beyond platitudes to make a marked difference to the more than 2.1 million businesses...

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From a trickle to a flood: How cash flow changes over time

  • Cash flow

Perhaps no metric matters more to a small business than cash flow. It’s the lifeblood that sustains purchases, payroll and short-term operations. But if more cash is consistently going out of a business than coming in, its days can be...

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Late payments improving but could be better

  • Getting paid

I live and breathe small business and derive great satisfaction in advising clients in the mid-market. Small business is the powerhouse of the Australian economy, contributing approximately 20 percent to GDP. Founders of SMEs are often innovative...

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Hammers, nails and high tech: Why tradies turn to Xero

  • Cloud adoption

What does a typical small-business owner look like on Xero? The picture is a diverse one. They could be swinging a hammer, working in a kitchen, or hanging out of a helicopter to take photos. Together, they create a mosaic of professions that...

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Please pay now: Overdue invoices persist

  • Getting paid

Small businesses with 30-day terms got paid an average 6 days late in June. The trend is improving though; a year earlier, payments were overdue by 9 days.

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Small businesses on handling late payments

  • Cash flow
  • Getting paid

Late payments. Two words that have the power to unsettle most business owners - sometimes even to the point of insolvency. So why is it that late payments are still so pervasive in the small business landscape, and what is being done to address this...

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The top five concerns facing the construction industry

  • Industry focus

Like many industries, the construction industry – commercial and residential sectors alike – is going through a period of enormous change. We speak to three professionals to delve deeper into the issues in the here and now, and those on the...

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Help wanted: Hiring edges higher for small business

  • Hiring people

It’s sometimes said that small businesses are the engine room of the economy. They employ almost half of Australian workers and make up more than 95 percent of all businesses. That engine room appeared to be humming in June, when small businesses...

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Going global: How small businesses trade overseas

  • Trading overseas

When one thinks of Australian goods sold overseas, products such as iron, natural gas and beef are likely to spring to mind. But beneath the commodities story lies another sector that is increasingly compelling: small businesses trading...