Posts tagged "coronavirus affecting Australian economy"

New sales figures reveal grocery hoarding could tip the retail sector into positive growth in March, but the outlook beyond that remains bleak.

"I suspect it will take years to rebuild confidence and balance sheets. And I know there will be serious long-term structural implications."

Swimwear retailer Tigerlily has collapsed as woes for Australia's retail sector continue, compounded by fallout from the COVID-19 pandemic.

The escalation of COVID-19 means social distancing is a necessity and Australian business owners are looking at how their operations will su…

The federal government came out swinging yesterday and announced part two of its COVID-19 stimulus plan, bringing the total package to $189 billion.

The closure of Aboriginal lands to visitors in response to COVID-19 means tourist visits stopped abruptly, along with the income from buying art they provided.

How can you prepare your business for a recession? We asked SBO's Jason Andrew, AirTree Ventures' Daniel Petre and Luxury Escapes' Adam Schwab.

The Australian government has announced a series of coronavirus stimulus measures targeted at small businesses. So what do the changes to the instant asset write-off scheme, and the $25,000 cash payments, mean in practice?

More than 130 e-commerce business owners have joined an exclusive virtual ‘war room’ to support each other through the COVID-19 crisis.

Fabulous Catering founder Adam Pope has been forced to completely change his business model following the outbreak of COVID-19.

If your business is to survive the COVID-19 outbreak, you need to act now to protect your cashflow, negotiate with your landlords, and come up with new pricing and product ideas.

The government's stimulus package, especially the instant asset write-off threshold and up to $25,000 grant, will be helpful, but will not prevent closures.