Melbourne restaurant owners pushed to the edge by Victoria’s fourth lockdown say they are being forced to invest interstate. Data sourced by Sky News show retail vacancies have risen dramatically as business confidence plummeted. According to data from Real Commercial the number of properties available to lease in Melbourne grew by 50 per cent from January to May overall and 156 per cent in the CBD. The recurring lockdowns have slowed the rate of consumer confidence and businesses are bouncing back at reduced rates.
from Breaking National News and Australian News | Daily Telegraph https://ift.tt/2U4tAKj
Thursday, June 24, 2021
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