One third of small businesses don't know if they made a profit last month | ABC NEWS
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More than one in three Australian small businesses don't know whether they made a profit last month, according to new research from accounting platform Xero. Industry leaders warn the lack of financial literacy affects everything from hiring staff to paying bills and owners’ mental health. The findings have prompted the creation of a new taskforce to improve financial education and support for small businesses. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-08-14/taskforce-launched-to-equip-small-business-financial-literacy/107016448 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, small business, Australian small business, Xero, financial literacy, business, business news, Australia economy, small business owners, profit, accounting, entrepreneurship, startups, mental health, small business support, Australian economy, finance
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