Trading overseas Archives - Small Business Insights

Cash flow

53.53^%

of Australian small businesses were cash flow positive in August

-0.67 p.p.
Month on monthMoM

1.17 p.p.
Year on yearYoY

Getting paid

34.40

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

-2.41 %
Month on monthMoM

0.03 %
Year on yearYoY

Hiring people

0.51^%

change in the number of Australian small business employees from July to August 2018

-0.54 p.p.
Year on yearYoY

Trading overseas

3.66

change The total value of imports and exports rose 3.7 percent month on month in August, powered by a 14.5 percent jump in in outbound shipments. Imports fell 4.6 percent.

7.25 p.p.
Year on yearYoY

Cloud adoption

31.0^%

growth in Australian subscribers on Xero in the year through 31 March 2018

3.66
7.25 p.p. YoY

3.66
7.25 p.p. YoY

Percentage movement in the total dollar value of imports vs exports

The total value of imports and exports rose 3.7 percent month on month in August, powered by a 14.5 percent jump in in outbound shipments. Imports fell 4.6 percent.

53.53%

-0.67 p.p. Month on monthMoM

1.17 p.p. Year on yearYoY

34.40

-2.41 % Month on monthMoM

0.03 % Year on yearYoY

0.51%

-0.54 p.p. Year on yearYoY

3.66

7.25 p.p. Year on yearYoY

31.0%

Trading overseas

Percentage movement in the total dollar value of imports vs exports

3.66

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

53.53^%

-0.67 p.p.
Month on monthMoM

1.17 p.p.
Year on yearYoY

-2.41 %
Month on monthMoM

0.03 %
Year on yearYoY

0.51^%

-0.54 p.p.
Year on yearYoY

7.25 p.p.
Year on yearYoY

31.0^%