It took 48 hours to sort out a $130 billion program to support the pay of workers yet negotiations between shopping centres and retail tenants drag on.
Prime Minister Scott Morrison is facing a test of his power to influence business judging from the drawn-out negotiations over how shopping centres and small retailers will share the financial pain caused by the coronavirus.
A deal was meant to be struck by Sunday night but Chanticleer understands last-minute negotiations were continuing on Monday ahead of an announcement by Morrison on Tuesday.
Loading...
Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
