Australia's 2.7 million small businesses are being squeezed, with their costs up by almost a quarter since the start of the COVID-19 pandemic, according to a new report by a business-focused bank.
AMP Bank Go on Tuesday released its inaugural Small Business Cost Pressure Index, which indicates that key business costs climbed by 24.6 per cent from March 2020 to March 2026, and are on track to jump by a total of 27.1 per cent by year-end.
