One in three small Australian businesses are so cash strapped they face imminent closure.
Highlights
- Based on a national survey by Small Business Australia, it's estimated around 974,000 small business owners have drawn down on savings to keep afloat during the pandemic.
- More than 500-thousand [[550,000]] have dug into superannuation.
- And almost 100-thousand [[93,000] have sold real estate.
It's led to urgent appeals for additional government assistance to help businesses impacted by the coronavirus pandemic.
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