Address to the COSBOA Vodafone National Small Business Summit

The CVA released today will inform future industry efforts in using scenario analysis as a tool for understanding climate change related financial risks.

“A number of our banks actually have maternity leave lending products that are specific to people on parental leave, paid and unpaid, to help them through, what as I said, can be a difficult time.”

The number of micro businesses grew 10% to 1.55 million in the year to June 2022. During the same period, the number of small businesses grew 3% to 955,861 after an extraordinary period of growth during the 2021 financial year, jumping 15% to 931,791.