We have just released the latest ASBFEO Small Business Pulse and there is a glimmer of encouragement.

The ASBFEO Pulse is a respected and highly valued health check of objective vital signs for small business.

It takes into account published economic conditions data, the "animal spirits" that influence decisions and drive behaviour and the "real time" business decisions being contemplated or taken.

The Pulse has shown an increase of 0.6 per cent in August 2025 - the second consecutive quarterly increase. Over the past 12 months it has increased 0.2 per cent.

After facing years of headwinds, business conditions show early signs of improvement, optimism is gaining strength and there's reason for small business owners to be hopeful that this will support their business to thrive.

This

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