Trading overseas Archives - Small Business Insights

Cash flow

54.3^%

of Australian small businesses were cash flow positive in October 2019

-0.5 p.p.
Month on monthMoM

1.1 p.p.
Year on yearYoY

Getting paid

33.1

days on average for Australian small-business invoices with 30-day terms to be paid in October 2019

0.4 %
Month on monthMoM

-5.7 %
Year on yearYoY

Hiring people

1.5^%

increase in the number of Australian small business employees from September to October 2019

0.10 p.p.
Year on yearYoY

Trading overseas

7.8^%

increase in the total dollar value of imports and exports for Australian small businesses from September to October 2019

0.38 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

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

7.8%
0.38 p.p. YoY

7.8%
0.38 p.p. YoY

Percentage movement in the total dollar value of imports and exports

The value of small businesses’ overseas trading rose in October, driven by a nearly 20% gain in outbound shipments. That’s the biggest month on month increase for exports in more than a year. Imports climbed a more modest 5.5%

54.3%

-0.5 p.p. Month on monthMoM

1.1 p.p. Year on yearYoY

33.1

0.4 % Month on monthMoM

-5.7 % Year on yearYoY

1.5%

0.10 p.p. Year on yearYoY

7.8%

0.38 p.p. Year on yearYoY

27.0 %

Trading overseas

Percentage movement in the total dollar value of imports and exports

7.8%

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

54.3^%

-0.5 p.p.
Month on monthMoM

1.1 p.p.
Year on yearYoY

0.4 %
Month on monthMoM

-5.7 %
Year on yearYoY

1.5^%

0.10 p.p.
Year on yearYoY

7.8^%

0.38 p.p.
Year on yearYoY

27.0 ^%

7.8^%