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NSW businesses see light at the end of COVID-19 tunnel

Release Date: 1/05/2020
Three quarters of NSW business owners believe their operations will survive the COVID-19 crisis, according to a flash poll conducted by the state’s peak business organisation, Business NSW.
The survey was conducted on Thursday night as part of a Tele Town Hall event involving NSW Treasurer Dominic Perrottet, which had more than 3000 businesses on the line from across NSW.
Asked whether they believe that their business would survive the current crisis, 72 per cent of respondents answered yes, while another 23 per cent said they were unsure. Just 5 per cent believed their business would be forced to close.
“These are encouraging numbers considering the impact the virus and the restrictions have had on businesses of all types and in all locations” Hunter Business Chamber CEO Bob Hawes said.
“The optimism and ‘can do’ attitude of business owners and their employees has never surprised me; however, this has been the ultimate test of their endurance and perseverance.”
Mr Hawes said the unprecedented level of state and federal government support for business appeared to be helping businesses ride out the crisis.
“The Treasurer, too, was heartened by these figures, and by the grit and resilience being shown by the business operators on the call – their determination to continue operations, pay their staff and support their communities was there for all to hear and see.
“Of course, the big challenge for businesses will be in coming months when our way of life slowly starts to return to a new normal and the harsh reality of their true financial position becomes clear after government subsidies end.
“That’s why it is so important for everyone to continue to follow the directions of Government health authorities and obey the restrictions in place.
“Business owners fully appreciate that the best way for them to return to normal, or in fact, the new normal, is by flattening the curve and keeping the spread of the virus under control.
“For this reason, the Chamber and Business NSW support the use COVIDSafe App and are advocating for a staged re-opening of regional areas where there are no cases of the virus.”

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