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OMICRON GRINDS DOWN CAFÉ SPENDING IN CBDS WITH RECOVERY TO PRE-COVID LEVELS UNLIKELY
February 24, 2022
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Weekday café transactions in Sydney, Melbourne and Brisbane are below 40 per cent of pre-COVID levels as the Omicron outbreak reinforces remote working arrangements, but a senior economist at ANZ (ASX: ANZ) believes structural changes in the workplace mean they are unlikely to hit pre-pandemic rates even when conditions improve.
Click here to read the full article in Business News Australia
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