SA corporations again JobKeeper extension

SA companies back JobKeeper extension

2021-02-23 04:21:30

South Australian companies have backed an extension of the JobKeeper program, particularly for these sectors reliant on worldwide tourism and particular occasions.

A survey performed for Enterprise SA discovered 68 per cent of corporations need the scheme to proceed previous its March 28 minimize off.

The decision comes regardless of simply 30 per cent of native companies qualifying for the funds within the March quarter this 12 months.

“Enterprise SA encourages the state and federal governments to contemplate all choices accessible to proceed some type of security internet for enterprise house owners and their staff whose livelihoods stay below menace,” Chief Government Martin Haese stated.

The survey additionally pointed to sturdy enterprise confidence in SA regardless of the pre-Christmas losses sparked by November’s shutdown due to the Parafield cluster of COVID-19 instances.

Whereas the lockdown lasted simply three days, it had a severe impression on retail commerce within the lead-up to the vacation season.

“The arrogance wave in South Australia continues to construct regardless of ongoing uncertainty round COVID-19,” Mr Haese stated.

“To report a leap in confidence in 1 / 4 marred by a tough lockdown and elevated restrictions on companies for a lot of December, these outcomes are a testomony to the resilience of South Australian enterprise house owners.

“South Australian customers are additionally exhibiting nice confidence and supporting their native companies with nearly one in three companies forecasting commerce to be higher than their pre-COVID ranges by the March quarter.”

Nevertheless Mr Haese stated a gaggle of SA companies nonetheless remained materially impacted by ongoing COVID-19 restrictions with 15 per cent reporting their turnover remained down by greater than 50 per cent.

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