recession
Followrecession Archives
Report highlights primary concerns of SMEs and how they are coping with such challenges
Almost a quarter of SMEs have implemented cost-cutting measures, while 14.7 per cent are diversifying their offering to ...
Australia’s retail ‘recession’ runs to three consecutive quarters
The last time there were three consecutive quarters of declining retail volume sales was in 2008, during the time of the...
Research identifies challenges SMEs will face before FY2025
SMEs are urged to keep eye on early warning signs of economic changes and seek innovative ways to tackle challenges whil...
Majority of SMEs prepared to cut jobs in case of recession
Medium and micro-sized businesses would be the first to cut internal staff in the event of a recession, at 23 per cent a...
Top tips to recession-proof your small online business
Take a close look at your business operations and identify areas where you can streamline processes, automate tasks, or ...
Supply chain expected to improve in the coming financial year despite potential recession
The asset finance industry is still approving the majority of loan applications, with 65 per cent of brokers reporting n...
SME profits remain positive despite recession fears
A third of SMEs expect wage rises over the next three months due to end-of-financial year reviews and the recently annou...
Be ready – recession or not
Unlike large businesses that can raise funds during a recession, small businesses usually rely only on themselves and tr...
SMEs increasing their revenue despite recession concerns
SMEs remained resilient in March, but despite stronger revenue and profitability figures, rising input costs such as wag...
Small businesses brace for difficult times
SME owners are encouraged to draw on the lessons learned during COVOD and ensure they're making smart decisions and maxi...