Date Time
Business conditions improve but cash reserves have reduced: Australia
The proportion of businesses facing reduced cash flow and lower demand has reduced but challenges still remain, according to results released from the Australian Bureau of Statistics (ABS) today.
ABS Head of Industry Statistics, John Shepherd, said the latest Business Conditions and Sentiments Survey showed that in February, 30 per cent of businesses were impacted by reduced cash flow and 28 per cent by reduced demand. This compares to 72 per cent and 69 per cent in April 2020, when businesses were last asked about these impacts.
Two in five (41 per cent) businesses reported being impacted by COVID-19 restrictions in February. This compares to 53 per cent in April 2020.
Revealed: the raid that set off Australiaâs biggest insider-trading case
Fifteen officers, two sniffer dogs and a locked bedroom door. It was May 9, 2014, and Christopher Hill was just about to find out exactly what his partner-in-crime had been up to.
Lukas Kamay tries to cover his face as he leaves a Melbourne court in 2014. Â
Wayne Taylor
Feb 26, 2021 â 11.48am
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It was just before dawn when the police quietly let themselves into Christopher Hillâs blond-brick apartment in the outer Canberra suburb of Belconnen.
Fifteen officers from the Australian Federal Police had âkitted upâ that Friday morning in May 2014, accompanied by two sniffer dogs trained to detect large quantities of cash.