Cash flow

53.22 ^%

of Australian small businesses were cash flow positive in October 2018

-1.06 p.p.
Month on monthMoM

0.29 p.p.
Year on yearYoY

Getting paid

35.14

days on average for Australian small-business invoices with 30-day terms to be paid in October 2018

2.16 %
Month on monthMoM

-0.33 %
Year on yearYoY

Hiring people

1.58 ^%

change in the number of Australian small business employees from September to October 2018

0.07 p.p.
Year on yearYoY

Trading overseas

7.39 ^%

change in the total dollar value of imports and exports for Australian small businesses from September to October 2018

4.85 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

growth in Australian subscribers on Xero in the year through 30 September 2018

Cash flow 53.22 %
Getting paid 35.14
Hiring people 1.58 %
Trading overseas 7.39 %
Cloud adoption 27.0 %

December

SBI Dec 2018.pdf

Australia

Reporting period: Oct 1, 2018 - Oct 31, 2018

Published: Dec 11, 2018

01.10.2018 - 31.10.2018

Published: Dec 11, 2018

Next publish: Jan 15, 2019

The year that was in Xero Small Business Insights

Monthly commentary
Demian McLean

Supported by

53.22 %

-1.06 p.p. Month on monthMoM

0.29 p.p. Year on yearYoY

35.14

2.16 % Month on monthMoM

-0.33 % Year on yearYoY

1.58 %

0.07 p.p. Year on yearYoY

7.39 %

4.85 p.p. Year on yearYoY

27.0 %