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Small and medium business confidence levels across Australia

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Data confidence level: Rating_circle_solid  Rating_circle_solid  Rating_circle_solid  Rating_circle_keyline  Rating_circle_keyline  

 

This FACT indicates the confidence of Small and Medium Enterprises (SMEs) owners in there potential future success within Australian metro areas in December 2013. This indicator is largely subjective, and is calculated by assessing the potential business and financial opportunities that these businesses experience, both in relation to their own businesses and the economy as a whole.

An SME is a company whose staff numbers fall below a certain limit. Low confidence of SME's can reflect a state's perceived lack of innovation or competitiveness within the market by people launching small enterprises. Interestingly, the city with the most confident SMEs is Perth, with 50 percent of SMEs being cofident in their furture prospects. The city with the least confident SMEs is Brisbane, with 22 percent.

High is good

Source: Sensis, 2013

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