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The Canberra Times
The Canberra Times
National
Lanie Tindale

'Backbone of the economy' at risk without urgent budget support

"Small businesses are the backbone of the economy and ... most of them are struggling at the moment," Mohmmad Khan says.

Mr Khan opened his latest shop, Tuggeranong Kebabs, in February. In only four months, the United States and Israel started a war with Iran, fuel prices skyrocketed and interest rates have increased.

This is all in addition to post-COVID pandemic inflation, and housing pressure squeezing budgets.

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