Business confidence survey reveals 'unprecedented' falls in revenue for SA operators - ABC News

  • 📰 abcnews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Business confidence in SA takes 'catastrophic' hit amid coronavirus impacts

Business confidence in South Australia took its biggest hit in decades as restrictions on trade were rolled out in response to the coronavirus pandemic, a quarterly survey by the state's business lobby has revealed.

The March quarter survey revealed the sharpest fall in business confidence in more than 20 years, to the lowest level since records began about 40 years ago. "For more than 70 per cent of business to report a 30 per cent or more drop in revenue for the quarter is unprecedented in modern times.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Queensland tourism operators owed millions as Website Travel company asks for government bailout - ABC NewsA New Zealand rich lister whose travel empire owes millions to tourism operators lobbies for a Queensland Government bailout over debts racked up before coronavirus shutdowns. ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate TwitterCensorship ObamaGate So, has the 'richlister' shown that HE has exhausted all HIS finances, paying back debt that HIS business owes... or is he relying on the 'business structure' to protect HIS wealth, whilst 'SOMEONE ELSE' pays HIS debts? Rich and entitled? Did HIS business FAIL to have reserves?
Source: abcnews - 🏆 5. / 83 Read more »