Tag: Business Impacts of Covid-19

Unveiling of Queensland’s Covid Vaccine Plan should boost confidence in the city centre as a destination and an investment opportunity.

Premier announces a joint State-Commonwealth rafts of grants to continue supporting small and medium businesses in the state.

Latest raft of travel restrictions dealt a ‘significant blow to the commercial aviation sector, Competition Commission report finds.

Iconic attractions and tourism businesses of all sizes on the Gold Coast continue to struggle as borders stay closed to visitors.

Facebook-supported campaign aims to reach most Australians and give business community a united voice on vaccinations.

Business body hails State Government’s decision to wind back hotel quarantine as ‘common sense’ and ‘risk-based’.

The number of office workers in Sydney’s CBD is only 4% of the pre-Covid total, devastating the businesses that rely on their support.

Retailers welcome the return of the Leasing Code of Conduct to protect small tenants, but property owners are not so sure.

Just 12 percent of office workers are present in Melbourne’s CBD, the lowest level since late 2020. Retailers and hospitality sector suffering.

Organisation says situation in the state is heart-breaking and warns businesses can’t be ‘switched on and off at random like a lightbulb’.

Ongoing lockdowns, particularly in New South Wales, have put a significant dent in local passenger numbers, airline group says.

Retail losses are continuing to mount, as Retailers’ Association calls for more Government support for struggling sector.

Employer group says new extension set to have a broad impact state-wide and further afield. But several relief measures welcomed.

Predictability about how restrictions are triggered and enforced will improve confidence in the management of outbreaks, says Business Council.

Joint State and Federal assistance package will be a ‘lifeline’ for thousands of businesses in Sydney and help preserve jobs.

Business body says decision to use lockdowns sparingly will hopefully stop retailers being ‘treated like an on-off light switch’.

Latest National Trade Survey Report highlights future trade challenges such as over-reliance on China and mineral resources.

As the city readies for another grim week of lockdown, at least one business body wants a targeted JobKeeper program reintroduced.

Dismayed retail body believes the seven-day lockdown will cost the state over a billion dollars in lost retail trade alone.

More employees are also likely to decide to get vaccinated if their bosses recommend it, researchers say.

For the first time ever, the country’s trade surplus has recorded three consecutive months above $8-billion, ABS announces.

Around 50,000 businesses in the state are set to benefit from the scheme targeting the sectors hardest hit by the recent five-day lockdown.

Experts estimate WA’s recent five-day snap lockdown may have cost $500-million. Given Victoria’s size, its loss will surely be far higher.

Exxonmobil’s oil refinery at Altona in Melbourne is to close with the loss of around 350 jobs. BP’s refinery in WA closes this year.

Ai Group concerned the post-lockdown economic lift may be more of a short-term policy-led bounce than an enduring revival.

Not since the end of World War Two has the mighty US economy experienced such a significant contraction. Covid is, of course, the culprit.

Boss of global consumer goods giant says its office-based employees will never go back to their desks five days a week after Covid.

As virus restrictions bite around the country, the pub industry is on track to serve 39-million fewer pints to thirsty Poms than usual.

Hard-hit energy giant has announced another write-down that will shave a further US$4.5-billion from its assets.

Many of the small Australian businesses that moved online as a result of the pandemic will now make the change permanent, a study has found.

October figures indicate growing business confidence and increasing capital expenditure plans over the next three months.

Economic modelling commissioned by the city paints a gloomy picture of lost jobs and massive contraction.

Unsurprisingly, smaller businesses are almost twice as likely to struggle with payments than bigger companies.