Gloomy Business Survey

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The outlook for local businesses in 20-25 looks gloomy, according to a new survey by the Canberra Business Chamber.
The latest Canberra Business Beat report found more than half of businesses didn’t hit performance targets in the last quarter of 20-24, with 26 per cent of respondents expecting their businesses to shrink this year.
The survey also found the biggest issue facing businesses in the ACT is the cost, with high interest rates impacting wages, rents and cost of products.

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