Business

Results out for biggest business survey in region

GCCI president Rick Hansen, Buy Local campaign manager Crystal McGregor and APLNG representative Rob Gibb look forward to businesses benefiting from the Boom or Bust survey.
GCCI president Rick Hansen, Buy Local campaign manager Crystal McGregor and APLNG representative Rob Gibb look forward to businesses benefiting from the Boom or Bust survey. Luka Kauzlaric

BOOM or Bust is the biggest business survey ever undertaken in the region, with 212 businesses taking part.

The Gladstone Chamber of Commerce and Industry will launch the study findings on Wednesday at the Australia Pacific LNG office on Goondoon St, as a valuable research tool for businesses, industry, government and peak organisations supporting local business.

In the report's foreword, GCCI president Rick Hansen said the study produced a snapshot of the situation of businesses in light of the industrial construction boom, issues businesses were facing and a future outlook predicted by businesses for the next 12 months.

He said although businesses could interpret it for themselves, a key stakeholder workgroup had analysed the data, coming up with six key projects that would be strategically rolled out as part of the chamber's 2014/2015 operational plan.

As well as recent data, the study showed a strong variety of demographics for Gladstone businesses.

A total of 52% of the businesses were established more than 10 years ago, while 23% were established between six and 10 years ago.

Also, 40% of businesses employed between five and 19 employees, while 37% employed fewer than five employees.

Only 6% of businesses employed more than 200 people.

The study was headed up by the GCCI with the support of industry partner Australia Pacific LNG and key business organisations Gladstone Area Promotion and Development Ltd, Gladstone Engineering Alliance and the State Planning Department.

Topics:  aplng, gapdl, gladstone business, gladstone chamber of commerce, survey




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The improvement would be mild when compared to past cycles