ACA Research, Managing Director, James Organ said: “The level of optimism this week is greater than expected. SMEs are demonstrating a high level of resilience despite the ongoing challenges of the pandemic.
Some of the highlights this week are:
- 45% reporting a significant decline in revenue, compared to 57% in mid-July.
- 23% expecting higher revenues over the next 4 weeks.
- 19% using JobKeeper will no longer be eligible in October.
- 25% extremely dissatisfied with the Victorian Government.
Please note the data is from the week ending 30th August 2020.
Author: James Organ, ACA Research