Menu
News

More sales, same staff



A BUSINESS confidence survey of 400 Coffs Harbour businesses has found that while more than half of businesses expected increases in sales and profitability in the next 12 months, most were not planning to hire more staff.

The Coffs Harbour Future Development Board survey found that 52 per cent were expecting increases in sales and profitability, while 12 per cent expected a decrease in sales and 18 per cent a decrease in profitability.

Yet, most businesses (67 per cent) expected no change in staff levels, while 22 per cent expected to increase and nine per cent to decrease staff levels.

The survey aimed to establish expectations of business conditions and to get a better understanding of the local issues affecting business profitability and growth according to deputy chair Greg Jenke.

"By understanding those issues, the board hopes to work in partnership with businesses, Coffs Harbour City Council and other government bodies to improve the region's economic prosperity," he said.

Of all the businesses surveyed, 36 per cent indicated conditions in their industry had declined in the last 12 months, with the majority (40 per cent) indicating conditions were the same.

But 34 per cent thought it would get better and 20 per cent that it would get worse over the next year.

Population growth, increased investments in the city, and promoting the city as an investment destination were the issues operators believed would have the biggest impact.

"The survey's results will allow us to focus on the priorities identified by the business sector and look at providing some of the training and support services they need," Coffs Harbour City Council economic development manager Megan Dixon said.



Regions declared big winners in SCU funding deal

ALL SMILES: Professor Shoemaker is thrilled by the deal struck with the Federal Government.

Funding deal puts Allied Health campus in Coffs back on track

Swimmer missing at Valla while others rescued along Coast

An IRB is searching the waters at Valla Beach for a missing swimmer.

Search for missing man caught in Valla rip will start again at 6am.

Axemen start season with bang in 9s

The Hoey Moey Tooheys Coffs Coast 9s final at Geoff King Motors Park was played between Group 2 rivals the Coffs Harbour Comets and the Orara Valley Axemen who won 12-10. Nines rugby league 17 February 2018 Photo: Brad Greenshields/Coffs Coast Advocate

Promised improvement more than just empty words after Coffs Coast 9s

Local Partners