Trading overseas Archives - Small Business Insights

Cash flow

53.3^%

of Australian small businesses were cash flow positive in August 2019

-1.29 p.p.
Month on monthMoM

-0.22 p.p.
Year on yearYoY

Getting paid

32.7

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

-1.74 %
Month on monthMoM

-5.06 %
Year on yearYoY

Hiring people

-0.1^%

change in the number of Australian small business employees from July to August 2019

0.05 p.p.
Year on yearYoY

Trading overseas

-13^%

change in the total dollar value of imports and exports for Australian small businesses from July to August 2019

-13 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

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

-13%
-13 p.p. YoY

-13%
-13 p.p. YoY

Percentage movement in the total dollar value of imports and exports

The value of overseas trade fell by 13 percent month on month in August, weighed down by an 18 percent drop in exports. Inbound trade slipped a more modest 2.9 percent.

53.3%

-1.29 p.p. Month on monthMoM

-0.22 p.p. Year on yearYoY

32.7

-1.74 % Month on monthMoM

-5.06 % Year on yearYoY

-0.1%

0.05 p.p. Year on yearYoY

-13%

-13 p.p. Year on yearYoY

27.0 %

Trading overseas

Percentage movement in the total dollar value of imports and exports

-13%

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

53.3^%

-1.29 p.p.
Month on monthMoM

-0.22 p.p.
Year on yearYoY

-1.74 %
Month on monthMoM

-5.06 %
Year on yearYoY

-0.1^%

0.05 p.p.
Year on yearYoY

-13^%

-13 p.p.
Year on yearYoY

27.0 ^%

-13^%