Hi Phil,

That won’t be enough. We purchased a boutique motel in December and by March all our forward bookings dried up. We have obtained the wage subsidy for 12 weeks, which does help but there is still a huge amount of recurring expenses just keeping the place running, channel managers, gas, rates, mortgage, phones,fire system monitoring, memberships. sky TV and the list goes on. We cannot get a mortgage holiday even though the motel is our home as well. We must get either another wage subsidy and no rates or mortgage repayments then we might survive.