In a survey conducted in Australia in May 2024, 18 percent of small and medium enterprises (SMEs) reported that they expect to increase their business investment by increasing the amount they spend on marketing over the next three months. Around 28 percent of SMEs reported that they expect to decrease business spending/capital investment over the next three months.
Expectations of small and medium enterprises (SMEs) regarding changes to business investment in the next three months in Australia as of May 2024
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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.
Supplementary notes
Businesses with between 1-500 employees included in sample.
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fifth quadrant. (June 12, 2024). Expectations of small and medium enterprises (SMEs) regarding changes to business investment in the next three months in Australia as of May 2024 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1375884/australia-expectations-of-smes-regarding-changes-to-business-investment/
fifth quadrant. "Expectations of small and medium enterprises (SMEs) regarding changes to business investment in the next three months in Australia as of May 2024." Chart. June 12, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1375884/australia-expectations-of-smes-regarding-changes-to-business-investment/
fifth quadrant. (2024). Expectations of small and medium enterprises (SMEs) regarding changes to business investment in the next three months in Australia as of May 2024. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1375884/australia-expectations-of-smes-regarding-changes-to-business-investment/
fifth quadrant. "Expectations of Small and Medium Enterprises (Smes) regarding Changes to Business Investment in The next Three Months in Australia as of May 2024." Statista, Statista Inc., 12 Jun 2024, https://www.statista.com/statistics/1375884/australia-expectations-of-smes-regarding-changes-to-business-investment/
fifth quadrant, Expectations of small and medium enterprises (SMEs) regarding changes to business investment in the next three months in Australia as of May 2024 Statista, https://www.statista.com/statistics/1375884/australia-expectations-of-smes-regarding-changes-to-business-investment/ (last visited August 24, 2024)
Expectations of small and medium enterprises (SMEs) regarding changes to business investment in the next three months in Australia as of May 2024 [Graph], fifth quadrant, June 12, 2024. [Online]. Available: https://www.statista.com/statistics/1375884/australia-expectations-of-smes-regarding-changes-to-business-investment/