Via Banking Day:
Lousy payments volumes in February and January may put a dampener around relief at the 3.1 per cent rise in GDP in Australia over the December 2020 quarter, which dangled the prospect of achieving the hoped for ‘V-shape recovery’.
While housing prices and consumer and business confidence echo the recovery story, research into the SME sector from Judo Bank finds more than a third of businesses may be ready to throw in the towel.
