Melbourne braces for mass business closures

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The sudden six week lockdown of Melbourne has shocked business owners who are now looking at the real possibility of permanent closure.

Any businesses reliant on face-to-face contact are now in trouble, including all cafes, restaurants, pubs and bars, beauty salons, gyms, etc.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.