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What the RBA’s rate cut means for financial services leaders: Your chance to shape the conversation

The First Cut in Four Years — Why It Matters Now On 18 February 2025, the Reserve Bank of Australia (RBA) made its first interest rate cut in over four years, reducing the official...

Client In The News

Calls grow for Westpac to reveal energy transition plan thinking

This is an extract from an article written by James Eyers for the Australian Financial Review, published on 12th December 2024. " Australian Ethical and Market Forces are sponsorin...

Insights.

 

In a recent interview with SmartCompany's Lois Maskiell, Succession Plus Chief Executive Craig West spoke about the record high valuations for small-to-medium businesses (SMEs) prior to the latest lockdown, and the ongoing uncertainties caused by the COVID-19 pandemic and business restrictions.

West sheds light on the brutal impacts on SMEs after the nation-wide lockdown in 2020 and what can be expected following trading restrictions this time around.

“I don’t think businesses are going to have the same cash reserves as they did a year ago,” he said.

Read the full story: SME valuations hit record high of $1.4 trillion in June with more businesses looking to sell – SmartCompany

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