Square Holes, Think! 355: Theoretical models for SME prosperity in an economic downturn
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It's Friday and welcome back to Think! This week 355.
As the Australian economy faces significant challenges, small businesses are particularly vulnerable. The latest economic data indicate that Australia may be slipping towards a recession, driven by a sharp decline in household spending and disposable income. In 2023, Australia's real per capita household consumption dropped by 2.5%, while real per capita household disposable income fell by a world-record 6%.
We explore this below, and as per usual lots of other topics.
Jason and the Square Holes team