Despite a difficult month, there is a 'cause for optimism' for NSW businesses | Sky News Australia

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A poll by business NSW has found almost three quarters of small business owners believed their operations would survive the COVID-19 crisis.

Despite a difficult month, Business NSW CEO Stephen Cartwright says there's a sense of optimism among New South Wales businesses. A poll by business NSW found almost three quarters of small business owners believed their operations would survive the COVID-19 crisis.

"You remember when we first went into this in the middle of March, everybody was preparing for a six month lockdown and there was even discussion it could be longer, so there was a lot of fear and cocnern, particularly for businesses which were compeltely closed," Mr Cartwright told Sky News.

 

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That means over 25% of business owners will go broke and their staff will lose jobs. Sounds like good news to me

Put another way, over a quarter of small business owners will not survive.

Errmmm...doesn't the other quarter represent a serious recession?

Govt has known Australia is not self-sufficient food wise or otherwise for some years. Dept of Agriculture F & F commissioned report from Sapere Research Group on food in 2012 & yet nothing has been done about it. We are net exporter of food but not self-sufficient. Stop exports

The difference between positive people in Australia and negativity that’s going on in the Uk at the moment is amazing. Our media is creating the worst negativity and making this virus political. Glad two of my kids and grandchildren live there and not here. Hope I can visit soon

Now ask Victorian businesses

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