In March 2020, 38 percent of businesses in Australia sought to renegotiate rent or lease arrangements as an operational response to the COVID-19 pandemic. Australian businesses were also just as likely to have changed their method of service or product delivery. Interestingly, just over a quarter of businesses brought forward plans to invest, compared to 16 percent of businesses that differed or cancelled investment plans.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
Share of businesses that made operational changes due to the COVID-19 pandemic in Australia in March 2020, by change
Characteristic
Share of businesses
Renegotiated property rent/lease arrangements
38%
Changed the method of delivery (including shifting to online)
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Australian Bureau of Statistics. (April 7, 2020). Share of businesses that made operational changes due to the COVID-19 pandemic in Australia in March 2020, by change [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/1114287/australia-operational-responses-of-businesses-to-the-covid-19-crisis-by-change/
Australian Bureau of Statistics. "Share of businesses that made operational changes due to the COVID-19 pandemic in Australia in March 2020, by change ." Chart. April 7, 2020. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/1114287/australia-operational-responses-of-businesses-to-the-covid-19-crisis-by-change/
Australian Bureau of Statistics. (2020). Share of businesses that made operational changes due to the COVID-19 pandemic in Australia in March 2020, by change . Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/1114287/australia-operational-responses-of-businesses-to-the-covid-19-crisis-by-change/
Australian Bureau of Statistics. "Share of Businesses That Made Operational Changes Due to The Covid-19 Pandemic in Australia in March 2020, by Change ." Statista, Statista Inc., 7 Apr 2020, https://www.statista.com/statistics/1114287/australia-operational-responses-of-businesses-to-the-covid-19-crisis-by-change/
Australian Bureau of Statistics, Share of businesses that made operational changes due to the COVID-19 pandemic in Australia in March 2020, by change Statista, https://www.statista.com/statistics/1114287/australia-operational-responses-of-businesses-to-the-covid-19-crisis-by-change/ (last visited October 05, 2024)
Share of businesses that made operational changes due to the COVID-19 pandemic in Australia in March 2020, by change [Graph], Australian Bureau of Statistics, April 7, 2020. [Online]. Available: https://www.statista.com/statistics/1114287/australia-operational-responses-of-businesses-to-the-covid-19-crisis-by-change/