MYOB Reports

Need a window into the future of small business? The role of technology in today's market? MYOB has the answers.


Proactive approach to mental health challenging for small business, says fresh data

More than two thirds (67%) of small businesses have not discussed mental health days, according to fresh data from MYOB.

The finding, from a survey conducted with 757 Australian small business operators, is compounded by the fact that just half (52%) of respondents said they feel able to address mental health issues affecting their staff.

The number of businesses who had not talked about mental health days was particularly high for those with a small number of staff, with 72% of businesses with two to four employees saying they had not had the discussion.

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MYOB Business Monitor: The voice of Australian business owners

In its tenth year, the MYOB Business Monitor dissects key factors affecting small business across Australia. Topics include economic outlook, financial stability and business pressure points.

The report, which explores the state of play of 1,000 Australian small businesses, found economy predictions for the 12 months ahead have taken a recent turn for the worse, with 45% of respondents reporting they expect the economy to decline versus 38% in October 2018.

Just 23% of respondents are expecting the economy to improve, versus 30% of those surveyed in October 2018.

Business revenue over the last 12 months went up for a quarter of respondents, while 29% reported it had decreased.

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29% of people surveyed said that the biggest barrier to innovation that companies face is the cost to develop and introduce new technologies, followed government regulations at 26%

MYOB Future of Business: The Age of Change

As business owners and operators we're in a unique position. We know change is coming - we can see it everywhere, from the way customers order coffee to how we manage our finances.

But are we truly ready for an age of change - of a magnitude that will transform everything we know, to the point that the way we do business tomorrow will be unrecognisable today?

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Transforming the mid-market

In this report, we surveyed 276 mid-market businesses from across the country to measure the performance of the Australian mid-market. In doing so, we seek to highlight the challenges they face and identify the barriers to their growth. We also hope to help bring their significance into greater focus and ultimately support their success.

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