Small-business payment time improves slightly

Small-business payment time improves slightly

The index rose 6 points in September to 127 points mainly due to strong jobs growth and record-high wages growth as well as an improvement in time to be paid — down 0.5 days to 23.2 days. However, there was also a softer sales growth of +8.8 per cent y/y, a drop from...
Small-business wages grow but employment stagnates

Small-business wages grow but employment stagnates

The wage price index from the Australian Bureau of Statistics said the wage price index experienced a 2.7 per cent annual growth in median wages in the private sector in June, but the Employment Hero data found WPI was closer to 7.9 per cent year-on-year. The...