Latest News

Productivity, delayed growth investment, staff cuts – SMEs speak out on impact of another lockdown

With outbreaks of the highly virulent Delta strain of COVID-19 in Australia plunging several states into increasingly strict lockdowns, New Zealand businesses say – while the right approach to take – another lockdown here would have a major impact on local businesses.

23 Jul 2021

More than one-in-three SMEs affected by a mental health condition

More than a third of New Zealand SME owners and decision-makers have experienced a mental health condition since starting or taking over their current business – with some experiences increasing over the last year, according to business management platform, MYOB.

14 Jul 2021

MYOB augments direct channel development with two key acquisitions

MYOB today announced the acquisition of two leading enterprise solutions partners, Axsys and Exobiz, to play a key role in the development of MYOB’s recently announced direct sales and service channel for mid-market customers.

02 Jul 2021

Nearly a quarter of SMEs in New Zealand victims of cyber-attacks

With more businesses becoming digitised and instances of cyber-crime on the rise, new research has revealed that nearly a quarter (24%) of SMEs have been a victim of a cyber-attack or malicious cyber activity.

29 Jun 2021

Calling all innovators: MYOB’s IT Challenge to test upcoming tech talent

The MYOB IT Challenge is returning for 2021 and MYOB is calling for the brightest, most innovative students from across New Zealand and Australia to register to compete.

24 Jun 2021

New Zealand consumers committed to shopping local to support business

More than a year after the COVID-19 pandemic first hit New Zealand shores, new research has revealed that local consumers are continuing to make a concentrated effort to shop at and support local businesses, with nearly a quarter (24%) claiming they now visit local shops more than they did before the pandemic.

17 Jun 2021

Wellbeing Budget delivers further digital boost for New Zealand's SMEs

With an operating allowance of $3.8bn per year, the biggest increase to benefits in more than a generation, significant investment in infrastructure that brings with it an increase in jobs, and further investment in climate change, have taken centre stage. However, for New Zealand’s SMEs, there are a range of initiatives in this year’s Budget that address some key issues high on their agenda.

20 May 2021

Consumers and SMEs aligned on 2021 Budget investment hopes

Driven by noticeable impacts affecting their local shops, more than a fifth of New Zealand consumers want the Government to provide more support for local SMEs in this year’s Budget, according to new research from leading business management platform, MYOB.

12 May 2021

SME confidence in economic performance still cautious

New Zealand’s SME sector is still cautious about the potential for further economic recovery this year, with nearly half of SMEs expecting the economy to decline this year, according to the 2021 MYOB Business Monitor.

03 May 2021

Modest growth expected by New Zealand SMEs

New insights from MYOB’s 2021 Business Monitor have revealed that more than a quarter (27%) of New Zealand’s SMEs are forecasting a slight increase in revenue over the next 12 months, indicating a sense of cautious optimism after an unpredictable year.

27 Apr 2021

MYOB launches bespoke industry platform for large accounting practices

Business management platform MYOB has launched its MYOB Advanced Professional Services Edition, an industry first 360-degree business management solution designed for large accounting practices. MYOB Advanced Professional Services Edition arms practice managers with deeper insights to streamline operations, optimise services and best advise their small business clients.

23 Apr 2021

E-Invoicing confidence woes could see SMEs miss out on significant time savings

A lack of confidence and knowledge around e-Invoicing could hold nearly a quarter of New Zealand’s SMEs back from potentially saving nearly 400,000 hours* combined each month on invoicing, massively impacting productivity, according to research from MYOB.

16 Apr 2021

SMEs continuing to explore tech horizons as adaptation to 'new normal' continues

One year on from the first lockdown, local SMEs are more reliant on technology as they adapt to new ways of working, new patterns of demand, and the ongoing risk of disruption, according to new research by leading business management platform, MYOB.

08 Apr 2021

COVID-19, complexity and competition driving upswing in SME digitalisation

The experience of COVID-19, the ease of doing business, and the risk of falling behind others in their industry has driven an increased uptake of digital tools by New Zealand SMEs, according to the latest research by leading business management platform, MYOB.

30 Mar 2021

New cloud workforce management solution for shift-based businesses to launch in New Zealand

Opportunity for local mid-market businesses to be amongst first to use new platform with Expressions of Interest now open Following on from last year’s announcement of its investment in workforce management (WFM) platform Roubler, MYOB - a leading provider of Enterprise Resource Planning (ERP) and Payroll Software (PS) in New Zealand and Australia - is set to launch a new solution to market that will help simplify and streamline workforce management for shift-based businesses.

23 Feb 2021