Xero Small Business Index
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Small businesses start the year strongly after last year’s slowdown
Small-business hiring continued to rise in the March quarter (+3.7 per cent y/y) and was moderately higher than average ...
Labour productivity of small businesses keeping pace with larger businesses
The productivity of small businesses is affected by slower sales performance and fears of skills and labour shortages.
Small businesses experiencing their largest decline since the pandemic
The Index's drop to 89 points in December is the largest single-month decline since April 2020, when the economy was ess...
Small businesses remain resilient in the face of slow sales and wage growth
Wages growth equated to just 1.9 per cent y/y in September, with the largest wage rises paid by hospitality firms.
Aussie small businesses remain resilient in the face of inflation
While sales, jobs, and wages growth have slowed in the first half of 2023, the Index highlighted that overall conditions...
Amidst rising costs of living, wage pressure among SMEs eases up
There is a noted slowdown in sales that is putting pressure on small businesses which can eventually affect their capaci...
Small businesses facing slowdown in jobs and sales
While the declining figures may be unsettling for small-business owners, Xero says that the indicators are still demonst...
Fears of summer sales slump due to rise in living costs
Community support for small businesses is more critical than ever with rising living costs squeezing their revenue.
Aussie small businesses record highest wage growth in over five years
The latest Xero Small Business Index revealed that wages rose 4.6 per cent y/y in September, the largest increase since ...
Small-business sector records improved sales, wages and recruitment data
"The Index has revealed four consecutive months of positive jobs growth, which is promising to see in such a tight labou...