It's been revealed South Australian small and medium businesses are among the most confident in the nation and have reported a significant rise in trading conditions.
A new survey, showed SA and QLD ‘led the gains in business conditions’ – with SA (up 5.8 to 25.3 points) now outperforming the other surveyed states on this measure.
Accommodation, cafes and restaurants (up 13 points), property services (+8 points) and construction (+7) reported the biggest rise in conditions, nationally.
Treasurer Rob Lucas said “South Australia’s hardworking small and medium businesses are the backbone of the state’s economy and it’s pleasing to see both their confidence and trading conditions continue to rise,”
“The more confident an employer is, and the better their trading conditions, including cashflow and sales, the more likely they are to expand and create more jobs which is our absolute focus as we turbo charge the state’s economy.”