Struggling Sydney businesses plead for great lockdown support - Monday Finance with Peter Ryan

With the lockdown in greater Sydney likely to be extended beyond this week, small businesses are now relying on greater emergency support to survive. 

The federal government's Expenditure Review Committee meets today to consider financial aid while major banks have reinstated three month loan repayment deferrals for business. 

AMP chief economist Shane Oliver predicts costs will spiral to $7 billion if the Sydney lockdown is extended by a month. 

I speak with Alexi Boyd, interim chief executive of the small business lobby group COSBOA.