Thousands of Australian companies to fail within three months

government measures introduced during the coronavirus crisis

Around 8000 companies are placed into insolvency each year in Australia on average, but in 2020 at the peak of the pandemic, that number fell to 5000 as a result of government intervention. And he predicted that Australia would soon see insolvencies increase based on geographic locations as well, such as Queensland’s struggling tourism industry.

Better to see how much businesses received funds and grants from state and federal governaments. Businesses always cry and ask for support. They are never happy.

As long as house prices keep going up, we can just export the houses when we need to.

Big shock !! We can't pay staff wages with our own money .

I bet less than 5% fail, most of that 5% are just shitty businesses

I wonder why? Can we get some compensation from china? they destroyed the world.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biotech company pushes to make mRNA coronavirus vaccines in AustraliaAustralia could begin local production of Pfizer and Moderna COVID-19 vaccines within six to 12 months, an international biotech company says — but such a scheme would depend on approvals and investment. Great to see, small correction - should be plasmids not ‘plasmas’ as written. Covid manufacturers are raking it in yet still rattle the begging bowl Tell them to fuck off Holden and Ford scammed tax millions every year for 2 decades and still upped sticks when it suited them Fucking parasites What's the value in that. Liberals would not be able to put the vaccines in people's arms.
Source: abcnews - 🏆 5. / 83 Read more »