Westpac has released its Q1 2025 Business Snapshot, revealing resilience in Australia's business landscape as cashflow conditions improve. The report, which leverages Westpac Group's proprietary data of 570,000 businesses, provides a comprehensive analysis of the economic landscape, highlighting key sectors and their performance.
Key findings:
The Westpac Business Cashflow Gauge, which measures the income-to-expense ratio, edged higher again in Q1 2025, rising by 0.4%.
Shane Howell, General Manager Commercial Banking, commented, "This improvement was supported by the Reserve Bank of Australia's (RBA) policy rate cut in February, which reduced debt servicing costs by 1.3%. It's a positive sign for businesses as they navigate the economic recovery."
