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Retail trade businesses expecting COVID-19 impacts Australia 2020 by type

Published by Thomas Hinton, May 28, 2020
In a survey conducted in Australia in 2020, regarding businesses that anticipated adverse impacts due to the coronavirus, 62 percent of retail trade businesses stated that they expected a reduced cash flow to have an adverse impact on their business. Comparatively, 61 percent of retail businesses stated that they expected a reduced demand for goods or services to have an adverse impact on their business. In contrast, 16 percent of retail trade businesses stated that they expected reduced access to credit or additional funds to have an adverse effect on their business.

Share of retail trade businesses anticipating adverse impacts due to the coronavirus (COVID-19) in Australia in 2020, by type

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Source

Release date

May 2020

Region

Australia and Oceania

Survey time period

April 22 to April 28, 2020

Number of respondents

2,014 respondents

Special properties

survey was conducted among businesses in Australia

Method of interview

Telephone interview

Supplementary notes

Businesses could select more than one option.

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