Alice Dempster
๐ค SpeakerAppearances Over Time
Podcast Appearances
The Supreme Court is expected to hand down a decision today.
Thanks so much for listening.
We'll be back with you again tomorrow.
G'day, I'm Alice Dempster.
You might have heard the words payday super in the news recently.
That's because workplaces around the country are transitioning to payday super on the 1st of July.
But small business owners, like all of us, are facing more economic uncertainty in 2026, and many are worried about cash flow as they start paying super more frequently.
That's why small business platform Xero is encouraging them to understand their true cash position now.
To talk with me about that, I'm joined by Angad Zoin, Xero's Managing Director of Australia and New Zealand.
Angad, welcome.
So to start, Xero's data shows that late 2025 was one of the best periods in years for small businesses in terms of sales and jobs.
But we know that economic conditions have changed this year.
What concerns are you hearing from business owners now?
And I read in your research that 87% of business owners think that it will put pressure on their cash flow.
So what's the biggest shift that they need to get their heads around going in?
And it's my understanding that it's not just about paying super more often.
Late payments from customers could also leave them at risk of missing those payroll deadlines.
So just quickly to finish up for any small business owners who might be listening, what's one thing they could do this week to get ready?
Angad, thanks for your time.
If you're a small business owner looking for support while transitioning to Payday Super, Xero is here to help.