Business
Sun shines on Melbourne businesses, but experts issue gloomy forecast – The Age
Melbourne businesses enjoyed a trading bonanza on the first weekend after lockdown lifted, but industry groups and economists warn dark days are ahead as the full…
The Australian Industry Group’s Tim Piper said he expected the post-lockdown retail boom – which coincides with the traditionally busy Christmas trading period – to taper off in January, at which point many businesses would still have much bigger hurdles to clear.
“The lead-up to Christmas would be vital for businesses to see them through the next period, but I have concern for business when JobKeeper evaporates, or disappears, which is going to be the real litmus test for where the economy is at…
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