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

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.

Cafe owner letting staff go Source: Getty Images

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.