Some Australian retail companies are now at risk of financial collapse, as post-pandemic labour shortages continue to cripple the industry. 9News
which has intensified this year and what's worrying is that things are not getting any better," Zahra said.
"It is a dire situation for many small businesses, who are struggling to keep their heads above water," Zahra said. No retailers found that labour shortages had improved, while more than half of companies surveyed, 55 per cent, said absenteeism rates were "worse, or much worse" than three months ago.
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