Business
Xero lays out economic hit to small business at ‘Xero on Air’ – The Australian Financial Review
Xero has looked at data from its millions of small business customers to get a guage on the economic hit to the engine room of the economy from COVID-19.
Xero chief executive Steve Vamos said each of the countries had performed differently and the data demonstrated the interconnected nature between each country’s number of cases, strategies for dealing with the pandemic, government stimulus packages and the degree of economic downturn.
“If you take a sharper, firmer approach, it’s a short-term impact and you get a quicker response and rebound,” Mr Vamos told The Australian Financial Review, .
“Our sentiment is always positive about the future a…
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