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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.

1 in 8 SMEs failed to access additional funds: ABS
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1 in 8 SMEs failed to access additional funds: ABS

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

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