
Operating costs rise for half of Australian businesses
- Nearly half of Australian businesses reported an increase in operating expenses over the past month.
- Small businesses faced a 14 percentage point jump in overhead pressures alongside falling revenue across several sectors.
- The survey indicates that companies are absorbing costs or raising prices ahead of widespread expectations for further revenue declines.
New data from the Australian Bureau of Statistics showed that 46% of Australian businesses experienced a rise in operating expenses over the four weeks leading into June.
This increase comes despite easing pressure from fuel prices, contrasting with previous months where fuel served as the primary driver of rising corporate outlays.

"The main reasons behind these higher costs included rising business overheads for 65%, staffing-related costs for 40% and upcoming finance or debt commitments for 19% of businesses," said ABS head of business statistics Tom Lay.
The data revealed that 72% of agricultural businesses and 60% of construction firms suffered from these rising overheads, while 36% of small businesses stated they would seek financial or advisory assistance in the next four weeks.
The report noted that 44% of companies are currently absorbing these cost increases, while 15% have increased their prices to consumers.
To combat these expenses, the transport, postal, and warehousing sector led price increases, passing costs onto other suppliers and customers throughout the economy.