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Settlement Guide: Building a safety net for small businesses amid coronavirus outbreak

Cafe owner letting staff go Source: Getty Images

As the devastating impact of COVID-19 is felt across the Australian economy, the banking sector, federal, state and territory governments are taking urgent measures to keep small businesses afloat. Here's how you can build a safety net and weather the storm.

No one saw it coming, but COSBOA, the small business advocacy peak body predicts unemployment could exceed 10 per cent due to the coronavirus fallout as non-essential businesses are ordered to shut down. Strong urges business owners to brace for at least six months of hardship. 

Read the full article in English here.

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