ABS update: Businesses to expect ongoing COVID-19 negative financial impacts

http://blog.revolutionadvisors.com.au/abs-update-businesses-to-expect-ongoing-covid-19-negative-financial-impacts/

The ABS has reported that almost three-quarters of Australian businesses are predicted to experience a reduced cash flow over the next two months as a result of COVID-19 and its business impacts. The reduction in cash flow is being caused by the decrease in demand for goods and services. According to the ABS, 70% of […]