Business
Michael O’Brien: Grim outlook for locked-down Melbourne businesses – NEWS.com.au
One in eight small, medium businesses in Melbourne may never reopen Liberal leader Michael O’Brien claims
Melbournes harsh lockdown will force more than one in eight small and medium businesses across the city to not reopen, Opposition Leader Michael OBrien claims. It comes after new figures released by the Sensis Business Index showed 56 per cent of Melbourne small and medium businesses (SMBs) suffered a “significant” reduction in sales compared with 39 per cent in Sydney.
The data released on Monday morning also found 54 per cent of Melbourne SMBs estimated profitability to decrease over the next…
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