Australian small businesses outperformed the US, UK, Canada and New Zealand in Q1

By Yajush Gupta · 1 May 2026 · News

Australian small businesses outperformed the US, UK, Canada and New Zealand in Q1

Australian Small Businesses Prove Resilience in Q1

Despite economic headwinds, Australian small businesses have defied expectations with a remarkable 7.2% sales growth. But what's behind this unexpected surge, and what does it mean for the future of entrepreneurship in the region?

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Summary

Australian small business sales rose 7.2% year-on-year in Q1 2026, despite back-to-back rate hikes and a fuel crisis, Xero data shows.

Tags: SMEs