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PMHC Economic Development Update

01 Nov 2018 2:24 PM | Lisa McPherson (Administrator)

Port Macquarie-Hastings Council

business confidence survey outcomes

Great Signs for Local Economy as Businesses Remain Confident  

Outcomes from the 2018 Port Macquarie-Hastings annual Business Confidence Survey are now available. This year over 430 businesses from a wide range of industry sectors participated.

Results indicate that local businesses remain confident and optimistic about their future profitability, and expect growth to continue over the coming year despite an easing of business conditions.  

Measuring business confidence helps Council gauge the overall condition of the local economy and helps Council plan for a vibrant economy. Your participation lets us know what’s important to you and your business, and how confident you are feeling about the future.

Council would like to thank local businesses for their participation in the survey.

For further information please contact economic@pmhc.nsw.gov.au

Read Summary Report

Great Signs for Local Economy

Confident businesses and a reduction in the unemployment rate spell great signs for the growth of our local economy. Recent figures released by the Department of Jobs and Small Business also show a reduction in unemployment locally, with the June 2018 quarter reported at 3.7%, down from 6% in 2016.

Council Director Jeffery Sharp said that investment in infrastructure, housing and the expansion of local industry in the region had contributed to this positive outlook.

“Our local economy continues to experience unprecedented growth and investment, with jobs growth expected to increase in the areas of construction, education and training, health care and social assistance.” Mr Sharp said.

For more information on your local economy please read the media release.

Read Media Release

Quick Links graphic

Business Portal  - an initiative of The Business Hub to create a great Facebook space for local businesses to connect, share, promote & network.

What We're Up To - An overview of Council’s infrastructure maintenance and construction projects that are in progress, have been delivered or are in the planning stages.

Council business - Port Macquarie-Hastings Council resource for business support and advice.

Port Macquarie destination website - a great resource for Things to See and Do in our local region.

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Po Box 270, WAUCHOPE NSW 2446  |  wauchopechamber@gmail.com  |  www.visitwauchope.com.au

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