Insights into the health
of Small Business

Australia | Reporting period: November 1, 2016 - November 30, 2017 Published: January 16, 2018 Next publish: February 13, 2018

Cash flow

0%

of Australian small businesses were cash flow positive in November

View metrics

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

Cash flow

Percent of Australian small businesses that are cash flow positive

More Australian small businesses were cash flow positive in November, buoyed by the strongest retail sales in almost five years.

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Getting paid

0

days on average for Australian small-business invoices with 30-day terms to be paid in November

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days on average for Australian small-business invoices with 30-day terms to be paid in November
0%
Month on month
0%
Year on year

Getting paid

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

A gradual improvement in late payments over last year continued in November, with 30-day invoices settled in a bit less than 35 days.

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Hiring people

0%

increase in the number of Australian small business employees from October 2017 to November 2017

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increase in the number of Australian small business employees from October 2017 to November 2017
0p.p.
Year on year

Hiring people

Percentage change in number of small business employees

Casual employment rose 2.2% in November, or twice the pace of overall hiring, as small businesses geared up for Christmas.  

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Trading overseas

0%

drop in the total dollar value of imports and exports for Australian small businesses from October 2017 to November 2017

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drop in the total dollar value of imports and exports for Australian small businesses from October 2017 to November 2017
0p.p.
Year on year

Trading overseas

Percentage movement in the total dollar value of imports and exports

The value of imports and exports fell 9.9% in November compared to October, weighed down by a continued fall in outbound shipments.

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Cloud adoption

0%

growth in Australian subscribers on Xero in the year through 30 September 2017

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growth in Australian subscribers on Xero in the year through 30 September 2017
   
 

Cloud adoption

A breakdown of the top 5 Australian industries adopting Xero

The Professional, Scientific and Technical industry adopted Xero more than any other sector in the year through 30 Sep 2017. 

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Australia | Reporting period: November 1, 2016 - November 30, 2017 Published: January 16, 2018 Next publish: February 13, 2018

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Average payment times for the year approach historic lows

  • Cash flow
  • Getting paid
  • Hiring people

Small businesses in the nation’s capital are some of the healthiest in the country, with the ACT experiencing a major employment boom and positive drop in late payments during 2017, according to a 12-month analysis of Xero Small Business Insights. Data analysis across the 12 months to October...

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Deck the halls report: How small businesses are preparing for Christmas

  • Industry focus

It’s a momentous time of year for Australian small businesses. Christmas is fast approaching, and along with it comes the excitement and fervour of the annual holiday season. It’s always a busy time of year, but there’s one key difference in...

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Sharing insights to empower Australia’s small businesses in 2018 and beyond

  • Opinion

When we decided to create Small Business Insights in mid-2017, we did it with a single purpose in mind: to tell stories no one else could tell about Australia’s small businesses. These businesses are frequently called the engine room of the...

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Six money myths a business must dispel for better cash flow

  • Cash flow

Arjun Singh is the Co-founder of ezyCollect, an accounts-receivable application that integrates with Xero. Managing cash flow well can spell the difference between success and failure in business. In addition to benchmarking one’s operations...

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Practical tips to avoid the summer slump

  • Industry focus

For many businesses summer can be a tricky time for cashflow. But it doesn’t have to be that way.  In fact, the quiet summer period can be incredibly productive. We spoke to Xero’s small business advisory panel who suggested some small changes...

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Don’t get stuck in the post-Christmas cash flow void

  • Cash flow

Xero's recently launched Small Business Insights harnesses data from hundreds of thousands of businesses so Australian business owners can better understand their own business. One terrific visual on getting paid shows the average number of days...

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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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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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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.