‘Huge pressure’: Bottom 30 per cent of business to struggle over the next 12 months

📆 03/09/2023 16.20.00
📰 SkyNewsAust

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Harvey Norman’s Chairperson Gerry Harvey has warned businesses in Australia are going to struggle over the next 12 months as costs continue to rise. “If you’re in the bottom 30 per cent of businesses, you’re going to have a terrible, terrible time in the next 12 months,” Mr Harvey told Sky News Australia. “If you’re in the top 30 per cent, it will be difficult but okay, but there is huge pressure on business at the moment.”

Harvey Norman’s Chairperson Gerry Harvey has warned businesses in Australia are going to struggle over the next 12 months as costs continue to rise.

“If you’re in the bottom 30 per cent of businesses, you’re going to have a terrible, terrible time in the next 12 months,” Mr Harvey told Sky News Australia. “If you’re in the top 30 per cent, it will be difficult but okay, but there is huge pressure on business at the moment.”

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