My Business Podcast

With speculation mounting about Australia’s economy approaching a recession, amid global factors such as Brexit and Trump’s election victory, just what are SMEs expecting for the future? Momentum Intelligence head of research Andrew (Andy) Scott joins the My Business Podcast to discuss the results of the inaugural SMB Sentiment Survey. Undertaken in the first quarter of the 2016-17 financial year – the same quarter that Australia’s economy went backwards, according to GDP figures from the ABS – the survey provides a snapshot of the thoughts of business owners on the performance of government, global economic forces, hiring intentions and profitability forecasts. Andy also explores the satisfaction and expectations of employees in smaller businesses, in terms of pay rises, promotions and job-hopping. Is it all doom and gloom, or are business owners optimistic about their fortunes in the months ahead? And are employees happy to stay where they are or do they plan to re-enter the job market? Tune in now to find