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Growth

The SME paradox

by 8 minute read

Despite rising costs, high inflation, and an aggressive Tax Office chasing debts, Australian SMEs are remarkably positive about future growth. Kate Aubrey explores the SME paradox.

From the COVID-19 pandemic to rising inflation, small businesses have been navigating a swathe of challenges over the last couple of years. A culmination of government support through the lockdowns, alongside strong consumer demand and smart cash flow decisions saw many small businesses’ bottom lines grow in the aftermath of the pandemic, but things haven’t been looking quite as rosy recently.

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