Small businesses winded by lockdown restrictions
New data shows Australia’s road to economic recovery hit a major bump in July, as small businesses recorded their worst performance since last December in the face of ongoing lockdown restrictions affecting more than half of the Australian population.
Xero on Thursday released the results of its latest small business index, which fell by 41 points to 101 for the month of July, the lowest levels recorded since December 2020, just one month after the sector recorded a four-year high.
Read more at Accountants Daily.
