Are small businesses satisfied with policies under the current Federal Government?
The March 2014 MYOB Business Monitor study reveals satisfaction is at its highest level since 2009.
The study, commissioned to Colmar Brunton, revealed dissatisfaction had significantly eased when asked about the government’s support for helping small businesses.
Around one third of respondents are dissatisfied (32 per cent).
Satisfaction had also improved with almost one quarter (24 per cent) of respondents happy with the Liberal government’s stance on the sector.
This is a significant turnaround from the September 2013 report, where 50 per cent of operators were dissatisfied and only 16 per cent were satisfied under the Labor Government.
The report also reveals a rising proportion of businesses reporting annual revenue growth compared with recent years.
It also shows a declining proportion reporting a fall in revenue.
Around one third reported a revenue decline, marking the best result since March 2011.
One third expect revenue to increase in 2014, up from one quarter in September 2013.