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Small business growing in confidence: ACCI

Most indicators in the ACCI small business survey for the December quarter either reached or exceeded five year averages.

Australian dollars in Sydney, Friday, Jan. 15, 2016. (AAP Image/Joel Carrett) NO ARCHIVING

Sally says all her savings have been depleted since going on maternity leave. Photo: AAP Source: AAP

There is a growing confidence among small businesses but rising cost pressures means they continue to lag behind their larger counterparts.

That's the finding in the latest Australian Chamber of Commerce and Industry small business survey, which showed most indicators reaching or exceeding five-year averages in the December quarter 2015.

"However, small businesses continue to be more exposed than larger enterprises, with wage pressures on the rise and non-wage labour costs elevated," the chamber's chief executive Kate Carnell said releasing the report on Monday.


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Source: AAP


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