Categories: Entrepreneur

New Griffith Business Survey Shows Encouraging Findings

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The latest Griffith Business Survey has revealed some positive trends for local businesses, with an overall increase in sales compared to previous years. Conducted over the 2023 December quarter, the survey saw participation from over 200 businesses in Griffith, providing valuable insights into the local business landscape.

Griffith City Council’s Director Economic and Organisational Development, Shireen Donaldson, highlighted the importance of the survey in shaping future strategies and plans to support local businesses. The findings will also aid in attracting investors and informing major infrastructure projects in the region.

Mayor Doug Curran emphasized the value of the survey for local businesses, noting that a significant number of respondents are planning expansions in the next five years. The results also indicate a high level of satisfaction among businesses with their current operations, with many citing innovation and technology as key strengths.

Despite the positive outlook, challenges such as rising costs and staff shortages remain a concern for local businesses. The upcoming seminar on the new Designated Area Migration Agreement (DAMA) aims to address the issue of labor shortages and provide solutions for businesses looking to expand their workforce.

Overall, the survey results point to a resurgence in business confidence in Griffith, with a majority of businesses optimistic about their future growth. The detailed report of the Griffith Business Survey can be accessed online or by contacting Council’s Economic Development Team for further information.

Team@GQN.

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