According to a June 2021 survey of small to medium sized enterprises (SMEs) in Australia, 91.1 percent of SMEs reported allocating funds towards cashflow/working capital in 2021. By comparison, just 11.7 percent of Australian SMEs reported allocating funds for new premises or business expansion.
Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range
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Judo Bank. (September 15, 2021). Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range [Graph]. In Statista. Retrieved March 30, 2023, from https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank. "Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range." Chart. September 15, 2021. Statista. Accessed March 30, 2023. https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank. (2021). Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range. Statista. Statista Inc.. Accessed: March 30, 2023. https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank. "Share of Funding Allocation of Small to Medium Enterprises (Sme) in Australia as of September 2021, by Segment and Revenue Range." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/
Judo Bank, Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range Statista, https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/ (last visited March 30, 2023)
Share of funding allocation of small to medium enterprises (SME) in Australia as of September 2021, by segment and revenue range [Graph], Judo Bank, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1265005/australia-share-of-sme-funding-allocation-by-segment-and-revenue/