Business confidence in Queensland drops ‘for the first time’ during COVID

A survey released by the Chamber of Commerce and Industry Queensland shows business morale had dropped in the state, even though lockdowns and COVID-19 cases were infrequent.

“You’ve seen a substantial drop for the first time really through COVID and that’s because Queensland is a net beneficiary of business from the other states,” Employment Minister Stuart Robert told Sky News Australia.

“Gold Coast – my town – 80 per cent of tourists come from Sydney and Melbourne so with them locked down, quite devastating the impact and you’re seeing this reflected.”

Mr Robert said the CCQI were the “most recognised in terms of business sentiment” and Premier Annastacia Palaszczuk should endorse Prime Minister Scott Morrison’s national plan.

“What happens at 70 per cent, what happens at 80 per cent, when restrictions will ease.”