News

Old Headaches Back from Economic Downturn

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A newly-released survey reveals more than a third (35%) of small and medium businesses are continuing to feel pressure from the COVID economic downturn.

While the figure is better than the 55% reported around the same time last year, the latest MYOB Business Monitor has found some old headaches are back causing problems.

Emma Fawcett from MYOB says past pressures from utility costs, cashflow and late payments are now firmly back on the table for local businesses. 

 

 

 

 

Image by wendy julianto from Pixabay