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.

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