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Monday, January 25, 2021

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Home Business News International border closures push Australian businesses to the brink of collapse -...

International border closures push Australian businesses to the brink of collapse – ABC News

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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