Corporate Australia burdened by Omicron surge

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Corporate Australia burdened by Omicron surge
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Here is a list of companies in Australia that have warned of a hit from the record-breaking COVID-19 spike.

, which has strained supply chains, overwhelmed hospitals, and clouded the outlook of firms that were just recovering from the impact of the Delta outbreak.

The country has reported nearly 1.3 million cases over the last two weeks, with its most populous states, New South Wales and Victoria, bearing the brunt. Companies have had to shelve plans to ramp up their business, flag a hit to earnings, or earmark additional costs, as Omicron has thrown a spanner in the works of businesses that sought a brighter outlook for 2022.

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