Trading overseas Archives - Small Business Insights

Cash flow

49.8^%

of Australian small businesses were cash flow positive in February

-1.1 p.p.
Month on monthMoM

0.4 p.p.
Year on yearYoY

Getting paid

34.6

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

-5.6 %
Month on monthMoM

-3.8 %
Year on yearYoY

Hiring people

2.39^%

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

0.06 p.p.
Year on yearYoY

Trading overseas

-11.1^%

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

0.1 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

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

-11.1%
0.1 p.p. YoY

-11.1%
0.1 p.p. YoY

Percentage movement in the total dollar value of imports and exports

The value of overseas trade among small businesses fell by 11.1% month on month in February, declining for a second straight month.

49.8%

-1.1 p.p. Month on monthMoM

0.4 p.p. Year on yearYoY

34.6

-5.6 % Month on monthMoM

-3.8 % Year on yearYoY

2.39%

0.06 p.p. Year on yearYoY

-11.1%

0.1 p.p. Year on yearYoY

27.0 %

Trading overseas

Percentage movement in the total dollar value of imports and exports

-11.1%

Small businesses squeezed as tax time hits cash flow and payments

Cash flow & payment times worsen as mid-year approaches

Late payments worsen as seasonal trends hit in 2018

49.8^%

-1.1 p.p.
Month on monthMoM

0.4 p.p.
Year on yearYoY

-5.6 %
Month on monthMoM

-3.8 %
Year on yearYoY

2.39^%

0.06 p.p.
Year on yearYoY

-11.1^%

0.1 p.p.
Year on yearYoY

27.0 ^%

-11.1^%