Qld business use savings to keep afloat

By Nick Gibbs and Fraser Barton
Updated August 9 2021 - 2:36pm, first published 2:32pm
Declining government support and ongoing lockdowns have had a major impact on Queensland businesses.
Declining government support and ongoing lockdowns have had a major impact on Queensland businesses.

Owners of more than 40 per cent of Queensland businesses have been forced to dip into savings to stay afloat, with an average contribution of more than $110,000, new survey data says.

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