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

Please click on this link for the summary blog or click on this link to access the full report including subgroup analysis by industry sector, size of business and State.