Self-employed Australians fear business collapse after coronavirus destroys income
- evelyngeorgegc
- May 18, 2020
- 1 min read
Four-in-five self-employed Australians have reported their profits have taken a hit as a result of the Covid-19 contraction, with almost one third worried their businesses will not be viable in two months without improved conditions.
The ANU Centre for Social Research and Methods study, released on Monday, provides fresh impetus for those arguing to reopen the Australian economy and will play into political debate about whether to extend the jobkeeper wage subsidy scheme beyond September.
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