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Small businesses struggling with technology changes and cost pressures
More than half of SMEs don’t prioritise updating their websites despite 72 per cent of customers being less likely to bu...
Late payments continue to be a pain point for SMEs
Millennials are more than twice as likely as Baby Boomers to agree that they'd feel uncomfortable asking customers for p...
B2B payment defaults reach record high as cost-of-living pressures bite
Businesses with one default have a 24 per cent chance of going insolvent in the next 12 months, rising to 42 per cent fo...
Interest-rate rise killed Australian retail sales growth in November
November is traditionally the strongest month for retail, but the NRA say that the Melbourne Cup Day interest-rate rise ...
SMEs concerned about rising costs in 2024
SMEs are getting creative in addressing the skills shortage within their companies, with 46.5 per cent investing in upsk...
Aussies saving up for Black Friday discounts in the face of cost-of-living crisis
Last year, local retailers expected more than $6 billion to be spent over the Black Friday period and that is projected ...
SMEs forced to cut cybersecurity costs despite increase in attacks
While SME owners are worried about the risk of attacks, 52 per cent have said that it is too costly for them to invest i...
No Christmas spending boom, warns ARA
Roy Morgan predicts $66.8 billion will be spent in the November to December 24 Christmas trading period – just $74,000 m...
Retailers boost efforts to redirect unsold stock to those in need
The growing demand for assistance and donated unsold items has corresponded with 12 interest rate increases by the Reser...
Research finds shoppers bear the brunt of higher business overheads
Though 99 per cent of retailers reported being impacted by macroeconomic pressures, 62 per cent of direct-to-consumer re...