The importance of SMEs to a healthy Australian economy cannot be overstated. SMEs are the backbone of the Australian economy, creating around 7 million jobs, contributing up to 57% of Australia’s GDP and cementing our reputation as a nation of entrepreneurs. With almost every industry affected by Coronavirus, many of our SMEs have been tested as never before. While some have continued to operate as normal (and even thrive), others have been heavily impacted with pressure on profitability, cashflow and even business closures. Through a survey of our broker database, Apricity Finance explored how SMEs are adapting to the myriad of changes, the effectiveness of government measures, and growth in particular industries. The data was collated through a survey completed by 40 brokers across the country, monitoring the effects of the Coronavirus pandemic on their clients.