Sunday, August 9, 2020
The Australian dollar holds its course - An AFEX expert weighs in

The Australian dollar holds its course – A forex management expert’s view

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The businesses we have seen do well in these changed market conditions are those that have been systematically hedging their currency exposures, with some optionality and flexibility.
ATO ‘debtor crisis’ to emerge in Sept: 1 in 4 business struggled to pay tax

ATO ‘debtor crisis’ to emerge in Sept: 1 in 4 business struggled to pay...

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The results reveal that 1 in 4 (25 per cent) businesses overall – and 21 per cent of SMEs – were unable to pay their GST and tax in cash, in full, in 2019.
Zombie businesses: 2 in 3 SMEs on the brink of folding multiple times

‘Zombie businesses’ bigger problem than we think: 2 in 3 SMEs have been on...

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New research reveals that 62 per cent of SME business owners have been on the brink of folding their businesses in the past due to financial and other struggles.
Australian small businesses hopeful, but fears of a slow rebound persist

Australian small businesses hopeful, but fears of a slow rebound persist

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We’re bringing back Shop Small early this year to encourage shoppers to support the nation’s resilient small business operators and accelerate their recovery.
Australian business owners most satisfied when overcoming challenges

‘Resilient’ Australian business owners are most satisfied when overcoming challenges, GoDaddy research finds

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GoDaddy’s Business Resilience Research found that three in five (60%) Australian business owners surveyed are happiest conquering a business challenge, rather than reaching a business milestone.
A closer look at the dark side of COVID-19 and consumerism

A closer look at the dark side of COVID-19 and consumerism

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As global supply chains are reduced to minimise risk of loss, consumers might reduce e-commerce transactions with low-quality vendors for certain critical goods.
Business confidence drops as Aussie SMEs fear an impending recession

Business confidence drops as Aussie SMEs fear an impending recession

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The bi-annual survey of nearly 500 Australian small business operators revealed only 22 per cent of SMEs are confident in the state of their business right now
unemployed

Youth unemployment due to COVID-19 will have a significant social impact on young people...

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Younger people will be more likely to face deeper impacts in their employment with consequent social impacts in years to come.
Global Market performance

Australian micro businesses outperform global markets in the wake of the COVID-19 pandemic

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Australian businesses have suffered a 12% decline, faring significantly better than those in the US (-27%), Canada (-40%), Europe (-46%) and the UK (-53%).
essential services

Essential or non-essential? The most important question of the decade

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As we grapple with a world where some form of restrictions will be in place until a vaccine is found, will COVID-19 permanently change what society wants and needs?

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