Flood-ravaged businesses throughout Queensland stand to lose $908,000 or 13 per cent of annual turnover and are facing significant job losses, Chamber of Commerce & Industry Queensland (CCIQ) announced today.
The Queensland economy is losing $460 million each day of the current crisis as many businesses close due to flooding or difficulty in mobilising staff, suppliers and customers Chamber of Commerce & Industry Queensland (CCIQ) announced today.
Joint Statement by Queensland Treasurer Andrew Fraser, Brisbane Lord Mayor Campbell Newman, and President of Chamber of Commerce and Industry Queensland (CCIQ) David Goodwin
Queensland businesses affected by the floods will face an average revenue loss of $20,000, or 3 per cent of annual turnover, while others will face losses well over $1 million, Chamber of Commerce & Industry Queensland (CCIQ) announced today.
While the residential impact of the recent floods has been widely acknowledged, the severe consequences for business have been largely overlooked Chamber of Commerce & Industry Queensland (CCIQ) announced today as part of an appeal for greater support for businesses in regional Queensland.