A live read on how Australian businesses are really tracking
Built on live-streamed transaction-level banking data, not surveys. A single reading of SME financial performance, and viewed by size, State and industry.
Based on live-streamed bank transaction data from ~11,000 SMEs
Behind the number
Each edition reads live bank transaction data from Shift’s customer base to see what’s changed since the last. This issue looks at how the typical SME is funding its growth, and whether that pattern is holding steady or starting to turn.
What counts as an SME?
Shift defines a small or medium enterprise (SME) as any business under $75m in annual revenue, the same boundary used by the RBA and APRA. Within that, Shift splits SMEs into three segments: small (under $1.5m), established ($1.5m to under $10m) and corporate ($10m to $75m).
The Shift SME Economy Index
The Shift SME Economy Index, and its revenue and liquidity components, are all built from the same standardised data. Break it down by industry, state or business size. Every view is interactive, and the underlying data is available to download.
The Shift SME Index broken down by business size, across small, established and corporate. Use it to compare how the smallest operators are faring against their larger counterparts.
The Shift SME Index broken down across the states. Use it to compare how the typical business is faring in one part of the country against another.
The Shift SME Index broken down by industry. Use it to compare how the typical business is faring in one industry versus another.
Sources and methods
The supporting data, references and methodology that sit behind the Shift SME Economy Index are available upon request.