Trading overseas Archives - Small Business Insights

Cash flow

50.5^%

of Australian small businesses were cash flow positive in June 2019

-1.9 p.p.
Month on monthMoM

-0.6 p.p.
Year on yearYoY

Getting paid

35.7

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

2.2 %
Month on monthMoM

3 %
Year on yearYoY

Hiring people

0.4^%

increase in the number of Australian small business employees from May to June 2019

0.1 p.p.
Year on yearYoY

Trading overseas

7.5^%

decline in the total dollar value of imports and exports for Australian small businesses from May to June 2019

0.5 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

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

7.5%
0.5 p.p. YoY

7.5%
0.5 p.p. YoY

Percentage drop in the total dollar value of imports vs exports

The value of overseas trading among small businesses fell in June, driven by a nearly 15% slide in outbound shipments.

50.5%

-1.9 p.p. Month on monthMoM

-0.6 p.p. Year on yearYoY

35.7

2.2 % Month on monthMoM

3 % Year on yearYoY

0.4%

0.1 p.p. Year on yearYoY

7.5%

0.5 p.p. Year on yearYoY

27.0 %

Trading overseas

Percentage drop in the total dollar value of imports vs exports

7.5%

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

50.5^%

-1.9 p.p.
Month on monthMoM

-0.6 p.p.
Year on yearYoY

2.2 %
Month on monthMoM

3 %
Year on yearYoY

0.4^%

0.1 p.p.
Year on yearYoY

7.5^%

0.5 p.p.
Year on yearYoY

27.0 ^%

7.5^%