Australian Businesses Report Extensive Shocks from COVID-19 in March

  • Mar 26, 2020 AEDT
  • Team Kalkine

The Australian Bureau of Statistics (ABS) has released the results of the first Business Impacts of COVID-19 survey. About half of the Australian businesses surveyed (49%) had experienced an adverse impact as a result of COVID-19 during the mid-March data collection period and 86% of businesses expected to be impacted in future months.

  • Major impacts are felt in Accommodation & food services with over three quarters of businesses already reporting impacts.
  • Businesses in Professional, scientific & technical services, Electricity, gas and water supply and businesses in Mining were the least likely to have been adversely impacted.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK