Australian small businesses facing toughest operating environment in recent memory: COSBOA

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Australian small businesses facing toughest operating environment in recent memory: COSBOA

Complex industrial relations laws, rising energy costs and persistent labour shortages are strangling small businesses in what an industry group describes as the toughest operating environment in recent memory.

Council of Small Business Organisations Australia chief executive Luke Achterstraat said the country’s 2.5 million small business owners have been hit hard over the past year, with nearly half not breaking even.

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