Australian small and medium businesses confident despite economic worries

· The latest Sensis Business Index reveals half of SME businesses have confidence in their prospects with Tasmania (63%) leading the pack

· Despite increasing confidence, 83% still concerned about the current state of the economy

· One in three don’t believe current Federal Government policies for small business have any impact

· Only 36% of businesses applied for the recently introduced $30,000 instant assets write-off

· Access to finance remains a significant challenge for Australia’s small and medium businesses

Monday, 19 August 2019 – The August 2019 Sensis Business Index has revealed that Australia’s small business confidence is strong, with 57% of businesses now confident in their prospects over the next 12 months.

Tasmania, with 63% of businesses expressing confidence in their prospects, remains the most confident state followed by Queensland at 60% and Victoria at 58%.

/Public Release.