One third of small businesses don’t know if they made a profit last month | ABC NEWS
More than one in three Australian small businesses don’t know whether they made a profit last month, according to new research from accounting platform Xero.
Industry leaders warn the lack of financial literacy affects everything from hiring staff to paying bills and owners’ mental health. The findings have prompted the creation of a new taskforce to improve financial education and support for small businesses.
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Read more here: https://www.abc.net.au/news/2026-08-14/taskforce-launched-to-equip-small-business-financial-literacy/107016448
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