Hiring people Archives - Small Business Insights

Cash flow

49.2^%

of Australian small businesses were cash flow positive in February

-2.41 p.p.
Month on monthMoM

-0.70 p.p.
Year on yearYoY

Getting paid

36.7

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

-5.40 %
Month on monthMoM

-0.70 %
Year on yearYoY

Hiring people

2.4^%

change in the number of Australian small business employees from January 2018 to February 2018

-0.70 p.p.
Year on yearYoY

Trading overseas

-12.2^%

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

0.41 p.p.
Year on yearYoY

Cloud adoption

36.2^%

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

2.4%
-0.70 p.p. YoY

2.4%
-0.70 p.p. YoY

Percentage change in number of small business employees

Small business resumed hiring in February after big layoffs in casual employment post-Christmas. Casual hiring led the gains in February, with headcount rising 4.8% in that segment.

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49.2%

-2.41 p.p. Month on monthMoM

-0.70 p.p. Year on yearYoY

36.7

-5.40 % Month on monthMoM

-0.70 % Year on yearYoY

2.4%

-0.70 p.p. Year on yearYoY

-12.2%

0.41 p.p. Year on yearYoY

36.2%

Hiring people

Percentage change in number of small business employees

2.4%

Small business health on the upswing as payments, hiring improve

Late payments worsen as seasonal trends hit in 2018

Late payments hit new lows, supercharging cash flow

49.2^%

-2.41 p.p.
Month on monthMoM

-0.70 p.p.
Year on yearYoY

-5.40 %
Month on monthMoM

-0.70 %
Year on yearYoY

2.4^%

-0.70 p.p.
Year on yearYoY

-12.2^%

0.41 p.p.
Year on yearYoY

36.2^%

2.4^%