In a survey conducted in Australia in January and February 2024, 36 percent of small and medium enterprises (SMEs) reported that they expect to increase their business investment by increasing the wages they pay over the next three months. Around 19 percent of SMEs reported that they expect to decrease business spending/capital investment over the next three months.
February 2024
Australia
January 18 to February 6 2024
400+
Key decision makers/influencers at small and medium enterprises from all industry sectors across Australia responded to the survey. Data is weighted to reflect the distribution by industry, number of employees, and state.
Businesses with between 1-500 employees included in sample.
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