In a survey conducted in Australia in January and February 2024, 40 percent of small and medium enterprises (SMEs) said that the greatest challenge they expected to face this year was the difficult economic outlook and ongoing cost pressures. 31 percent of respondents said that keeping pace with changing customer behaviors and preferences was the largest challenge for this coming year.
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.
Original question: 'Which of these issues do you anticipate will pose the most significant challenges to your business in 2024?'.
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Market size
Employment
Value added
Industries
Bankruptcies
* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
