Small Business Loans stories

Four in five Australian businesses now use generative AI tools, with many reporting cuts of at least a quarter of total labour time.

Labour shortages, rising technology costs and low engagement are stalling Australia's productivity, with one in three firms struggling to recruit skilled workers.

Australian businesses in 2025 will focus on new hires, staff upskilling, and office upgrades, favouring low-cost, high-impact investments amid tight profit margins.

Amid rising costs and economic uncertainty, 91% of Australian SMEs plan to prioritise non-capital spending over major investments in 2025-26.

A survey by Small Business Loans Australia reveals 25% of SMEs are using AI, with 60% planning adoption by 2026. NSW leads, while medium-sized businesses show the highest uptake.

34% of Aussie SMEs would not survive more than 6 months of economic downturn, with 14% unable to survive a recession at all.

Australian small businesses, much like businesses everywhere else in the world, have been struggling since the beginning of the pandemic.

The online lending market in Aus is has grown at unprecedented speeds, demonstrating the demand for quick and fuss-free access to business capital.