The latest wave of the COVID-19 SME Research Tracker shows that cautious optimism continues to underpin SME sentiment, despite 54% reporting lower revenues due to COVID-19 and 29% reporting an operating loss in February.
Some of the highlights are:
- 54% reporting revenue losses due to the pandemic compared to 57% in the last wave
- 16% of SMEs are still using JobKeeper as the program draws to an end
- 50% of SMEs expect economic conditions to improve in Australia over the next 3 months
- 70% of SME decision makers will get the vaccination when available