Reserve Bank warns of business failures

By Paul Osborne
Updated October 27 2020 - 6:36pm, first published 6:30pm
Michele Bullock says some small firms receiving income support may close if it is removed now.
Michele Bullock says some small firms receiving income support may close if it is removed now.

Business failures will increase even as the Australian economy starts to recover from the coronavirus pandemic's impact, a senior Reserve Bank official says.

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