According to a June 2021 survey of small to medium sized enterprises (SMEs) in Australia, 91.1 percent of SMEs reported allocating funds towards cashflow/working capital in 2021. By comparison, just 11.7 percent of Australian SMEs reported allocating funds for new premises or business expansion.
Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range
Characteristic
New staff
New plant and equipment
New premises/busines expansion
Cashflow/working capital
Retirement of other/existing debt
COVID-19 related provisions (bridging finance, business closure)
COVID-19 related opportunities (operations, growth, business purchases)
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Judo Bank. (September 15, 2021). Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank. "Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range." Chart. September 15, 2021. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank. (2021). Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank. "Share of Funding Allocation of Small to Medium Enterprises (Sme) in Australia as of September 2021, by Segment and Revenue Range." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank, Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range Statista, https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/ (last visited November 19, 2024)
Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range [Graph], Judo Bank, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
