In Australia, according to a survey conducted in May 2024, 32 percent of small and medium enterprises (SMEs) within the hospitality industry had a demand for finance. Only nine percent of SMEs in the retail trade sector said they would have a demand for finance.
Share of small and medium enterprises (SMEs) requiring additional finance in Australia in JMay2024, by industry
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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). Share of small and medium enterprises (SMEs) requiring additional finance in Australia in JMay2024, by industry [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1453296/australia-demand-for-finance-among-smes-by-industry/
fifth quadrant. "Share of small and medium enterprises (SMEs) requiring additional finance in Australia in JMay2024, by industry." Chart. June 12, 2024. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1453296/australia-demand-for-finance-among-smes-by-industry/
fifth quadrant. (2024). Share of small and medium enterprises (SMEs) requiring additional finance in Australia in JMay2024, by industry. Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1453296/australia-demand-for-finance-among-smes-by-industry/
fifth quadrant. "Share of Small and Medium Enterprises (Smes) Requiring Additional Finance in Australia in Jmay2024, by Industry." Statista, Statista Inc., 12 Jun 2024, https://www.statista.com/statistics/1453296/australia-demand-for-finance-among-smes-by-industry/
fifth quadrant, Share of small and medium enterprises (SMEs) requiring additional finance in Australia in JMay2024, by industry Statista, https://www.statista.com/statistics/1453296/australia-demand-for-finance-among-smes-by-industry/ (last visited July 16, 2024)
Share of small and medium enterprises (SMEs) requiring additional finance in Australia in JMay2024, by industry [Graph], fifth quadrant, June 12, 2024. [Online]. Available: https://www.statista.com/statistics/1453296/australia-demand-for-finance-among-smes-by-industry/
