Business
International border closures push Australian businesses to the brink of collapse – ABC News
Many businesses reeling from international border closures are now staring down the barrel of a two-pronged downturn as relations between Beijing and Canberra hit…
While Australia’s economy moved into the black this week recovery feels a long way off for some.
Key points:
- Tourist areas like Chinatown are among the hardest hit
- Affected business owners say their turnover is down by as much as 90 per cent
- Some say they hope the Government will ease travel restrictions faster
Many businesses still reeling from international border closures are now staring down the barrel of a two-pronged downturn.
With international tourism at a virtual standstill, businesses…
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