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Australian SMEs Facing Significant Operational Challenges Due to Late Payments, Report Claims

A recent survey shared by Xero reveals strong backing among Australian small business owners for the upcoming Payday Super changes, even as they grapple with significant obstacles to meeting new obligations. The shift to more regular superannuation contributions, slated to commence on July 1, has… Read More

US Small Businesses Face Increasingly Challenging Economic Environment, Report Claims

Small businesses across the United States faced a tougher year than national economic headlines suggested, according to data released by cloud accounting platform Xero. The company’s latest Small Business Insights (XSBI) report, drawn from anonymized information provided by 32,000 American subscribers, shows that while Wall… Read More

Canadian Small Business Sales Growth Slumps to Pandemic-Era Lows, Report Reveals

Xero has indicated that Canadian small businesses faced a sharp slowdown in the closing months of 2025, with sales growth tumbling to levels last seen during the depths of the global health crisis. The latest quarterly snapshot from Xero’s Small Business Insights program paints a… Read More

Australian Small Businesses Experience Revenue Growth and Employment Surge, Report Claims

In a seemingly promising new turn for Australia’s economy, small businesses have achieved their most significant sales and job expansions in over two years, fueled by favorable monetary policies and heightened consumer activity. Data from cloud accounting platform Xero reveals that these enterprises posted a… Read More

New Zealand based Small Businesses Considering Giving Up Due to Stress, Report Reveals

In a revealing new study, small business operators across New Zealand are grappling with unprecedented levels of strain, with almost half contemplating walking away from their enterprises entirely. Released by cloud-based accounting platform Xero on February 12, 2026, the research sheds light on what the… Read More

UK Business Owners Could Benefit from Financial Literacy Programs, Report Claims

In a landscape where small businesses form the backbone of the UK economy (and most other global economies of the 21st century), a pervasive lack of financial savvy is emerging as a major barrier to growth and innovation. Recent research highlights how low confidence in… Read More

Shifting 10% of Spending from Large to Small Businesses May Unlock $76B for Aussie SMEs : Research

If Australians redirected around 10% of overall household spending from big businesses to small businesses, it could potentially mean $76 billion more in the hands of small retailers according to the latest analysis by small business platform Xero. This new figure highlights the seemingly immense… Read More

Redirecting 10% of Spending from Large to Small Businesses May Benefit SME Economy : Research

Xero, the global small business platform, has found that shifting only 10% of spending from bigger to smaller businesses could potentially mean $11 billion more in the hands of small businesses. Xero economists have analyzed 2024 New Zealand household consumption data and “excluded spending unlikely… Read More

US Small Businesses Facing AI Readiness Gap : Research

Xero research has revealed a seemingly critical AI “paradox” for U.S. based small businesses: while regular or more typical AI users are more likely to see revenue growth, more than half (53%) say their business “wouldn’t be impacted if AI tools disappeared tomorrow.”  Xero’s white… Read More

Small Businesses in Australia Struggling to Keep Up with Larger Retailers, Report Reveals

Over half of small businesses (58%) say Black Friday has overtaken Boxing Day as Australia’s biggest sales or revenue-generating event, but significantly fewer are participating this year, due to affordability concerns in an increasigly tough economic environment. This, according to research from global small business… Read More

Aussie Small Businesses Exhibit Recovery Signs as Revenue Rebounds : Research

Global small business platform, Xero, released its latest Small Business Insights (XSBI) update, indicating that small business sales and revenue surged around 5.5% during the past September quarter – which is said to be the strongest quarterly result in the last 2 years. The recent… Read More

UK Professional Services Sector Profits Increase with AI Adoption : Research

AI adoption within UK accountancy and bookkeeping practices is now said to be signficantly enhancing sector profitability, driving a considerable boost to the wider economy and fundamentally transforming hiring across the industry. This is according to a recent research study released by Xero, the small… Read More

New Zealand based Small Businesses Report Slow but Steady Growth

Xero, the global small business platform, released its Xero Small Business Insights (XSBI) for Aotearoa New Zealand revealing that although the small business sector continues to struggle, there are still certain positive signals of improvement. For the first time in 2.5 years, overall sales actually… Read More

UK Small Businesses Take Cautious Hiring Approach, Report Claims

UK small business revenue and jobs are still said to be growing somewhat steadily but losing momentum after a fairly reasonable start to 2025, according to the Xero Small Business Insights (XSBI) data from Xero, the global small business platform. The research report noted that… Read More

US Small Businesses Lack Financial Resources to Afford Promotional Campaigns to Generate Revenue, Report Reveals

Research from global small business platform Xero reveals a significant problem facing small business owners: many acknowledge the potential of targeted promotional strategies, but are being held back from taking part in these initiatives primarily due to lack of adequate financial resources. A Xero research… Read More

UK Small Businesses Grapple with Financial Literacy Skills Crisis, Hindering Growth : Research

A financial skills gap is said to be undermining the resilience and overall growth of small businesses across the United Kingdom, according to the latest research released by Xero, the global small business platform. The study, conducted by Censuswide and Opinium, reportedly exposes a lack… Read More

Digital Technology Adoption Is Driving Optimism Among Canadian Accounting Firms, Report Claims

In an era where businesses grapple with economic uncertainties, Canadian accounting practices are charting a bold path forward. According to Xero‘s State of the Accounting Industry Report, a shift toward advisory services and accelerated technology adoption has fueled unprecedented optimism. About 80% of practices express… Read More

US and Canadian Small Businesses Could Benefit from Acknowledging Key Milestones : Research

In the fast-paced world of small business ownership, taking time to pause and celebrate achievements—big or small—can sometimes feel like a waste of time or not that meaningful. Yet, research from Xero, the global small business platform, underscores the tangible benefits of acknowledging these moments…. Read More

Only 17% of Australian Business Owners Aim for Global Growth : Research

Australia may not be creating the environment to foster the next generation of global companies, with research from small business platform, Xero, revealing only “17% of small business owners aspire to grow internationally.” Xero’s latest report, which surveyed “500 Australian small business owners, found that… Read More

New Zealand Small Businesses Face Ongoing Challenges as Revenue Remains Subdued in Past Month

New Zealand’s small business sector continues to grapple with economic headwinds, as revealed by the latest Xero Small Business Insights (XSBI) report for the June 2025 quarter. According to the global small business platform Xero, small business sales in Aotearoa fell by 0.1% year-on-year (y/y)… Read More

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