Business speaks up

MOST Gympie businesses are treading water, with only a minority expecting things to improve in the current six months, according to the results of Gympie Regional Council's business confidence survey.

The fourth bi-annual survey of Gympie business sentiment shows that, like many other local Australian economies, we are feeling the effects of a lack of confidence world-wide.

The online anonymous survey, conducted in November, asked businesses to provide information about local trading conditions, growth plans, sources of product supply and constraints on business growth.

More than 235 businesses from throughout the region took part, with increased participation from regional centres outside Gympie (especially Tin Can Bay and Rainbow Beach).

Mayor Ron Dyne said the survey was an important source of accurate and timely information for helping the council to facilitate economic development in the region.

It reports that the main drivers of the Gympie Region economy were manufacturing, agriculture, forestry, fishing and retail.

A total of 75% reported their businesses stayed the same or got weaker.

Gympie Times


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