SME confidence rising despite concerns about closed borders.
- 34% report revenues at pre-COVID-19 levels, compared to 27% in late May.
- 53% of businesses expect revenues to return to pre COVID-19 levels by October compared to 45%, two weeks earlier.
- Satisfaction with the Government response increases to 69%, despite discontent rising in WA and SA.
- Concerns about health and wellbeing rises to 60%, the highest level since April.
According to the latest wave of COVID-19 SME Weekly Research Tracker published by TEG Insights and ACA Research that the number of small and medium Australian businesses expecting revenues to increase over the next 4 weeks is only 22%. This is despite many lockdown restrictions being relaxed throughout Australia.
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Click on the button below to view the full report including subgroup analysis by industry sector, size of business and State.
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