Category Archives: Financial Services

Financial success for tomorrow

understanding financial hardship in 2024: insights from the ABA banking conference

I had the privilege of participating in a panel discussion on financial hardship at the recent Australian Banking Association conference in Melbourne. It was a great panel of experts that…

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SME employment data continues to nosedive

Updates to this research are published monthly. View previous wave The latest edition of Fifth Quadrant’s SME Sentiment Tracker shows that the current economic climate for SMEs remains challenging, with 38%…

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SME sentiment points to rise in unemployment

Updates to this research are published monthly. View previous wave The latest Fifth Quadrant SME Sentiment Tracker continues to report soft revenues in line with weak economic conditions.  33% report lower…

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SMEs in holding pattern amid interest rate speculation

Updates to this research are published monthly. View previous wave The latest findings from the Fifth Quadrant SME Sentiment Tracker reveal a slight weakening in year-on-year revenue, with 34% of SMEs…

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business insolvencies surge in FY24

Difficult economic conditions in FY24 have triggered a record increase in the number business failures. In February, the number of monthly insolvencies reached its highest level in almost a decade….

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SME optimism cools as revenue & profitability soften

Updates to this research are published monthly. View previous wave. The latest wave of the Fifth Quadrant SME Sentiment Tracker reveals more measured sentiment in March, with revenue declining and expectations regarding lower…

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cashless confidence: SMEs embrace change with caution

In this third post in the series, we continue our exploration of Australia’s transition towards a cashless society. Following on from our previous posts looking at the overall shift to…

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the journey to 3 million

Australia’s business sector has shown consistent growth over the years, reaching a total of 2,611,688 businesses by the end of 2023. Accordingly, we decided to take a look back over…

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growth expectations surge amid strengthening economic sentiment

Updates to this research are published monthly. View previous wave. The latest wave of the Fifth Quadrant SME Sentiment Tracker reveals optimism towards both domestic and international economic conditions has significantly risen. short-term…

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SME outlook 2024: Australian business conditions spark cautious optimism amidst challenges

Following three years of pandemic-induced disruptions and volatility, Australian businesses experienced improved stability in 2023. However, as decision-makers look ahead to the new year, they express genuine concerns about uncertainty…

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