Some of the highlights this week are:
- 71% of SMEs now reporting a decline in revenue due to the pandemic.
- 42% of businesses located in Victoria anticipating declining revenues over the next 4 weeks.
- Only 34% expect revenues to return to pre-COVID levels in 2020.
- 73% are now concerned about business survival, the highest level reported.
Please note the data is from the week ending 2nd August 2020.
Author: James Organ, ACA Research