The index assesses factors including technological frameworks, IT integration and business agility.
Simply banking surprise upsides in revenue might help the budget deficit but does nothing to disarm the “fiscal timebomb”.
The complex legislation has become the number one threat to the sector, COSBOA says.
The latest CPI figures have left economists divided over the bank’s next course of action.
Start-ups are facing significantly higher barriers to entry than 12 months ago, according to a survey by the big four firm.
Contract workers with financial skills will be in high demand as annual leave bites, recruiter says.
But a gap in understanding around green issues should not be mistaken for a gap in implementing actual sustainable practices, Grant Thornton says.
Established businesses with robust cash flow and strong balance sheets are increasingly eyeing acquisitions of smaller businesses, the accounting firm says.
The average value of invoices has dropped by a third in the past 12 months, while external administrations are up 81 per cent, the credit agency warns.
The major banks are turning their attention back to business lending with tougher market conditions driving a slowdown in mortgage profitability, according to an EY report.
The introduction of mandatory sustainability reporting will have rapid flow-on impacts for every organisation including SMEs, says HLB Mann Judd.