In mid-March, over 60% of Australian companies said they were affected by the COVID-19 coronavirus.
According to Roy Morgan Snap SMS Survey of 1148 Australian companies, this is an increase of 45% compared to the previous month.
Manufacturing, wholesale, leisure and private industries
Several sectors are particularly affected by the virus.
- Manufacturing (78%),
- Wholesale (74%),
- Relaxation & personal (83%),
- Information media & telecommunications (75%)
- Real estate and business services (74%)
- Transport, post and warehousing (72%) are affected by COVID-19.
States that haveWe were hit hard
At the state level, South Australia (68%), New South Wales (65%) and Victoria (64%) were most affected by COVID-19.
“The Morrison government has already promised over $ 20 billion in incentives to keep the Australian economy moving. However, this number has to be increased many times over to really protect the Australian economy from a devastating recession that Australia has never seen before World War II, ”said Roy Morgan CEO Michele Levine.