SME Performance Indicator by MYOB reveals that Australian SMEs are Under Pressure: Here’s how H Connect International Can Help

SME Performance Indicator by MYOB reveals that Australian SMEs are Under Pressure: Here’s how H Connect International Can Help

Small and medium-sized enterprises (SMEs) in Australia are facing a perfect storm of challenges, according to a new business performance monitor from MYOB. Rapid increases in wages, hikes in interest rates, cost-of-living pressures, and the shortage of skilled labor are all taking their toll on profitability.

There are 2.5 million SME firms across Australia, which account for 97% of Australian businesses and a third of the total economy, and they are all on the lookout for a solution.

SME agility, while a strength in adapting to market changes, can also make them more vulnerable to downturns.

Let us help your SME navigate the challenges of the current economic climate. Our expert remote teams offer exceptional value at a fraction of the cost, enabling you to achieve your short- and medium-term business goals.

At H Connect International, we specialize in providing end-to-end business support services, including finance and accounting, data analytics, administration, and operations, tailored to the needs of Australian SMEs.

We accelerate your business growth by taking over all the back end supporting functions so that you can focus solely on your customer’s needs.

Here’s why SMEs across Australia trust us, and why you can too:

  • 60-70% Cost Arbitrage: Since rising costs are the main factor negatively impacting SMEs, we provide an alternative – a 60-70% cost arbitrage, inclusive of the initial set-up, complete infrastructure, and employee benefits.

All without compromising on quality.

  • Industry-Specific Talent: We combat the shortage of skilled labour faced by SMEs by sourcing and retaining best-in-class Sri Lankan talent across multiple industries. Regardless of which industry your SME caters to, we provide trained resources with deep-domain expertise, guaranteeing efficiency and accuracy.
  • Australian Expertise: Our team possesses a deep understanding of Australian SMEs across all states through years of experience. Therefore, we seamlessly integrate into your business operations.
  • Security and Compliance: As a subsidiary of the Hirdaramani group with a 100-year legacy, we take information security very seriously. We adhere to strict security protocols, including the General Data Protection Regulation (GDPR), Data Protection Acts (DPA), and ISO/IEC 27001:2022 compliance.?
  • Time Zone Advantage: As a true extension of your operations, we align our schedule to yours, working the same calendar and time zone for easy and efficient collaboration.


Are you one among the 2.5 million Australian SME firms experiencing this market turbulence?

Let H Connect International be your solution.

Reach out to build your dedicated team in Sri Lanka, today.



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