12 million Aussies concerned about their financial wellbeing because of COVID-19 – Australian researchers
Approximately 30% of Australian households have less than one month of income worth of savings and one in eight Australians would not be able to raise $2,000 within one week in an emergency.
The Australian dollar holds its course – A forex management expert’s view
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...
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’ bigger problem than we think: 2 in 3 SMEs have been on...
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
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.
‘Resilient’ Australian business owners are most satisfied when overcoming challenges, GoDaddy research finds
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
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
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
Youth unemployment due to COVID-19 will have a significant social impact on young people...
Younger people will be more likely to face deeper impacts in their employment with consequent social impacts in years to come.
Australian micro businesses outperform global markets in the wake of the COVID-19 pandemic
Australian businesses have suffered a 12% decline, faring significantly better than those in the US (-27%), Canada (-40%), Europe (-46%) and the UK (-53%).
