Business
COVID-19 sees a third of businesses in financial trouble, a quarter scrap investment plans – ABC News
Almost a quarter of Australia’s businesses have decreased or cancelled investment plans in the last three months, and the two biggest factors weighing on their minds are uncertainty about the future and concerns about future demand.
Almost one quarter of Australia’s businesses have decreased or cancelled their investment plans in the last three months, and the two biggest factors weighing on their minds are uncertainty about the future and concerns about future demand.
- More than a third of businesses expect to struggle financially over the next three months
- Uncertainty about the future, and concerns about future demand, are major concerns
- New capital expenditure fell by 5.9 per cent in the June quar…
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