2024 Business Payments and SME Spend Barometer
Discover how small and medium enterprises (SMEs) in Australia, Singapore, and Malaysia are transforming their spending behaviours to navigate an evolving economic landscape. The 2024 SME Spend Barometer uncovers key trends in business payments and investments shaping their future.
Key insights
29%
Increase in IT and digital solutions spending as businesses prioritise tech and innovation.
16%
Rise in office expenses as SMEs ramp up investment in physical infrastructure.
7%
Increase in salaries across the region as businesses seek to balance growth with costs.
Yogesh Sangle
Global Head of Instarem
Yogesh Sangle
Global Head of Instarem
Read the full report
To learn more about our payment solutions, visit here.
Ready to grow your business?
Tap into our expertise to streamline your payments, boost your operations, and scale your business.
We are just a click away. Reach out now if you want to hear more.
Our latest articles
Amex Flight Reward Changes in Australia: 2025 Update, Impact & Smarter Value Options
So, if you’re planning a stint as an international student soon, here’s how…
13 Nov 2025
7 mins read
HK import tax explained: What you should know
Key takeaways Why Hong Kong is considered a free port When it comes to doing…
24 Sep 2025
11 mins read
From Calculation to Payment: Get to Know Import Tax in Australia
Key Takeaways Importing goods into Australia is a common practice across various industries, driven largely…
24 Sep 2025
12 mins read
Malaysian import duties and taxes: A complete breakdown
Whether you’re a small brand sending products into Malaysia or a shopper surprised…
24 Sep 2025
11 mins read
Singapore import tax explained: GST, customs and duties
Key Takeaways Why import tax matters for businesses in Singapore Singapore offers one of the…
24 Sep 2025
10 mins read
OFX Business vs Airwallex Business: Which is better for your business?
Choosing the right business account makes a big difference in how you manage your finances…
27 May 2025
3 mins read
