MYOB SME Performance Indicator - October
The second SME Performance Indicator report, prepared by Impact Economics and Policy for MYOB, offers a detailed analysis of the performance of Australia’s small and medium-sized enterprises (SMEs).
Drawing on millions of anonymised data points from small businesses, the report presents an in-depth examination of economic challenges and opportunities in key sectors such as retail, hospitality, and professional services.
This edition highlights the continued pressures faced by SMEs, including inflation, rising interest rates, and cost-of-living challenges, and provides insights into how these factors are impacting broader economic trends in Australia.