Xero targets Australia’s medium-sized businesses with launch of Ultra

Melbourne, Australia — 2 July 2026 — Xero, the global small business platform, today announced the launch of Xero Ultra in Australia, its most advanced plan to date and an important step in the company’s strategy to support Australian businesses as they scale into more complex stages of growth.

Xero Ultra is designed for businesses that need stronger control, better visibility and more sophisticated reporting, but do not want the cost, disruption or implementation burden of traditional enterprise resource planning (ERP) systems.

As they grow, many of Australia’s high-growth businesses find themselves caught between tools designed for smaller organisations and enterprise systems built for companies several times their size. Xero Ultra is designed to bridge that gap, providing ERP-grade capabilities on a platform customers and their advisors already know and trust.

"Australia's scaling businesses are a vital part of this economy, and their needs are genuinely different. Xero has always grown alongside its customers. Ultra is the next step in that strategy serving a segment that's complex enough to need more, but still desire simplicity,” said Angad Soin, Managing Director Australia and New Zealand and Global Chief Strategy Officer at Xero.

“These businesses hit a point where their tools stop growing with them. We have made improvements to Xero’s platform to help support businesses as they scale. More entities, more complexity, more transactions, more control and insights required. Ultra fills that gap, on a platform finance teams and their advisors already know and trust, without sacrificing simplicity, flexibility or a lengthy implementation process typical with an ERP.

Xero Ultra is designed for medium-sized, growing businesses managing increasing complexity. Key capabilities available within Xero Ultra include:

• Advanced financial intelligence: Syft Advanced reporting, including multi-entity consolidated reporting, scenario modelling, AI-powered insights and four-way cash flow forecasting
• Fast-track support: front-of-queue access to Xero specialists, including personalised onboarding and migration support
• Targeted data restore: a high-priority service helping businesses to restore specific data errors without requiring a full file rollback

Ultra customers will also have access to key Xero features:

• Smart automation and insights: Just Ask Xero (JAX), Xero's AI financial superagent, helping automate routine finance workflows and surface personalised business insights
• Access to Xero's ecosystem of more than 1,000 connected apps: including integrations across payroll, payments, inventory and operations
• Flexible user permissions: enabling finance teams to strengthen governance and segregation of duties (available shortly after launch)

Businesses participating in the Xero Ultra beta program have already been using the plan to help manage more sophisticated finance operations as they scale.

Ultra beta participant Damien Wragg, Director and Owner, Trainwest said: “As the business has matured, the Xero platform has continued to meet our needs without creating friction or requiring significant process changes. At no point have I felt like we've outgrown Xero. It has scaled effectively alongside the business, which is not always the case with financial systems.”

For accountants and bookkeepers, Xero Ultra also creates a new path to support clients as their needs evolve. Rather than moving larger clients to an ERP system, practices can continue to advise them on a familiar platform, helping retain higher-value relationships.

“Accountants and bookkeepers play a critical role in helping businesses navigate new growth stages,” Soin said. “Xero Ultra helps give advisors greater capability to support ambitious clients on Xero - more sophisticated reporting, multi-entity support, better visibility. All on a platform they already know deeply.”

Xero Ultra is available in Australia from today, priced at $500 (inc. GST) per month.

Media Contact

Xero Australia | Jess Brophy | +61 431 268 549 | jess.brophy@xero.com

About Xero

Xero is a global small business platform that helps customers supercharge their business by bringing together the most important small business tools, including accounting, payroll and payments — on one platform. Xero’s powerful platform helps customers automate routine tasks, get timely insights, and connect them with their data, their apps, and their accountant or bookkeeper so they can focus on what really matters. Trusted by millions of small businesses and accountants and bookkeepers globally, Xero makes life better for people in small business, their advisors, and communities around the world. For further information, please visit xero.com.