1 in 8 SMEs failed to access additional funds: ABS
Around one in eight SMEs who sought additional funds over the last three months had been unsuccessful in obtaining the funds, according to ABS data.
The Australian Bureau of Statistics (ABS) has released its insights into Australian business conditions and sentiments for May 2021, which revealed that 8 per cent of all businesses sought additional funds over the last three months, down from 14 per cent in February.
Read more in The Adviser
