Trading overseas Archives - Small Business Insights

Cash flow

51.10^%

of Australian small businesses were cash flow positive in June

-0.93 p.p.
Month on monthMoM

1.57 p.p.
Year on yearYoY

Getting paid

36.74

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

1.14 %
Month on monthMoM

1.44 %
Year on yearYoY

Hiring people

0.46

change in the number of Australian small business employees from May 2018 to June 2018

-0.70 p.p.
Year on yearYoY

Trading overseas

-8.02

change in the total dollar value of imports and exports for Australian small businesses from May 2018 to June 2018

-6.64 p.p.
Year on yearYoY

Cloud adoption

31.0^%

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

-8.02
-6.64 p.p. YoY

-8.02
-6.64 p.p. YoY

Percentage movement in the total dollar value of imports vs exports

The total value of imports and exports dropped 8 percent month on month in June, led by a tumble in inbound shipments. Exports also fell, sliding 5.9 percent.

Need deeper insight?

51.10%

-0.93 p.p. Month on monthMoM

1.57 p.p. Year on yearYoY

36.74

1.14 % Month on monthMoM

1.44 % Year on yearYoY

0.46

-0.70 p.p. Year on yearYoY

-8.02

-6.64 p.p. Year on yearYoY

31.0%

Trading overseas

Percentage movement in the total dollar value of imports vs exports

-8.02

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

51.10^%

-0.93 p.p.
Month on monthMoM

1.57 p.p.
Year on yearYoY

1.14 %
Month on monthMoM

1.44 %
Year on yearYoY

-0.70 p.p.
Year on yearYoY

-6.64 p.p.
Year on yearYoY

31.0^%