Latest / 360 with Katie Woolf / Katie Woolf spoke with Chamber of Commerce CEO Greg Ireland
Transcript
- 0:00Speaker 1: Yesterday changes to job Keeper came into play. What kind
- 0:04Speaker 1: of impact is that going to have on Northern Territory businesses? Well,
- 0:08Speaker 1: joining us on the line to talk more about this
- 0:10Speaker 1: is the Chamber of Commerce CEO Greg Island.
- 0:13Speaker 2: Good morning, Greg, Good morning Katie.
- 0:15Speaker 1: Now, Greg, Obviously, the job Keeper it was a real
- 0:19Speaker 1: game changer for businesses all around the nation, wasn't it.
- 0:23Speaker 2: It's certainly been a lifesaver for business all over the place,
- 0:26Speaker 2: So particularly here in the Northern Territory.
- 0:29Speaker 1: Do you have any ideas sort of how many businesses
- 0:32Speaker 1: had been taking advantage of or being able to utilize
- 0:35Speaker 1: job Keeper.
- 0:38Speaker 2: Yes, Katie, there were four thousand Territory businesses registered for
- 0:41Speaker 2: job Cheaper up here and individually that's supported in the
- 0:44Speaker 2: order of seventeen eighteen thousand individual workers.
- 0:48Speaker 1: Wow, that is a lot of people that were obviously
- 0:51Speaker 1: being supported and it is it was absolutely essential at
- 0:55Speaker 1: the time that it was implemented, wasn't it great?
- 0:58Speaker 2: Yeah? Look, it certainly was, Katie. We would have been
- 1:01Speaker 2: devastated without the support from both THENT government and the
- 1:04Speaker 2: federal government with these survival packages and support packages.
- 1:09Speaker 1: Yeah. I know a lot of businesses, quite a few
- 1:12Speaker 1: people who were on job Keeper and was quite reliant
- 1:17Speaker 1: on job Keeper. There are other businesses that I suppose
- 1:20Speaker 1: have been able to get back on their feet, maybe
- 1:22Speaker 1: faster than what they'd thought they would. What's the layer
- 1:26Speaker 1: of the land from your perspective at the moment.
- 1:30Speaker 2: Yeah, Katie, the requalifying process for business is going to
- 1:35Speaker 2: mean that some businesses that have picked up and do
- 1:38Speaker 2: not no longer meet the criteria aren't going to get
- 1:40Speaker 2: that continued support, which is again going to be testing
- 1:44Speaker 2: for some of those businesses because whilst they may have improved,
- 1:48Speaker 2: they certainly haven't fully recovered, so that's going to create
- 1:50Speaker 2: some additional pressure. But also those do still qualify having
- 1:55Speaker 2: those payments reduced, So if there is a gap in
- 1:59Speaker 2: between the payment and what they're paying workers, then there'll
- 2:02Speaker 2: be a bigger gap for them to cover. And if not,
- 2:06Speaker 2: if they are not able to do that, I guess
- 2:08Speaker 2: that'll force them to think about exactly how many numbers
- 2:10Speaker 2: they do retain.
- 2:12Speaker 1: What kind of impact do you think that it is
- 2:14Speaker 1: going to have on some territory businesses.
- 2:19Speaker 2: There's certainly businesses that are more impacted than others, and
- 2:22Speaker 2: I think that will have some concern for those business operators,
- 2:27Speaker 2: but we also know that many of them are just
- 2:30Speaker 2: not going to reopen until March until we start to
- 2:32Speaker 2: get some tourism activity. So I think the feedback has
- 2:36Speaker 2: been very, very positive around the tours of outer schemes
- 2:39Speaker 2: and we're looking forward to that, you know, being reinitiated
- 2:42Speaker 2: later in the year. We also had the good news
- 2:44Speaker 2: on the weekend around the continued support for the aviation
- 2:48Speaker 2: industry with regional and remote flights being supported by the
- 2:52Speaker 2: federal government. You know, that's a great initiative to make
- 2:55Speaker 2: sure that we continue to have people come and visit us.
- 2:58Speaker 2: So that's going to be it's so important over the
- 3:01Speaker 2: green season.
- 3:02Speaker 1: Yeah, and this is the thing, isn't it. You know,
- 3:04Speaker 1: there's some sectors who have been hit incredibly hard, and
- 3:08Speaker 1: you touched on a few of those seen hospitality, aviation, tourism,
- 3:12Speaker 1: But then there's a lot of others that are sectors
- 3:15Speaker 1: that you may not have you know, a lot of
- 3:16Speaker 1: us may not have realized we're so were so reliant
- 3:20Speaker 1: on people traveling into the Northern Territory and I guess
- 3:24Speaker 1: just people having a bit of spare money in their
- 3:26Speaker 1: pockets to spend locally.
- 3:30Speaker 2: Yeah, Look, I think that is one of the considerations, Katie.
- 3:33Speaker 2: We're seeing that people are just making ends meet, and
- 3:36Speaker 2: with this reduced support, that will still continue to be challenging.
- 3:40Speaker 2: So I think we are still reliant very much on
- 3:42Speaker 2: local activity. So supporting local businesses through getting out there
- 3:46Speaker 2: and doing things on the weekends are super important, and
- 3:50Speaker 2: we really do need to capture as much of the
- 3:53Speaker 2: opportunity around the drive market and getting people from these
- 3:58Speaker 2: other areas and come to visit during this time. You
- 4:01Speaker 2: know they can't travel overseas, so let's get them up
- 4:03Speaker 2: to the territory.
- 4:04Speaker 1: Yeah, I agree, and you know this is where and
- 4:07Speaker 1: you touched on this before. Those tourism vouchers obviously have
- 4:10Speaker 1: a big part to play with locals traveling within the territory.
- 4:14Speaker 1: But then we know that the other vouchers that kick
- 4:17Speaker 1: in as of October are really enabling people to travel
- 4:21Speaker 1: from other states and territories and get a bit of
- 4:24Speaker 1: a discount.
- 4:26Speaker 2: Yes, when you combine that with a million dollar fish
- 4:28Speaker 2: that were launched last night, it's a great reason to
- 4:33Speaker 2: encourage everyone you know to come up this way and
- 4:35Speaker 2: then support us during the time. I think they'll be
- 4:37Speaker 2: pretty keen to get out and get some fresh air
- 4:39Speaker 2: and experience some of their storms.
- 4:42Speaker 1: Yeah, it's a very good point. I think that's you know,
- 4:45Speaker 1: that million dollar fish. Everyone's hoping that it goes off
- 4:48Speaker 1: this year or that someone catches it. It'd be amazing,
- 4:50Speaker 1: wouldn't it For tourism.
- 4:53Speaker 2: What certainly would be Katie. I'll be out there trying myself.
- 4:56Speaker 1: Good on you now. Just lastly, Greg, we know that
- 5:00Speaker 1: that business confidence over the past year, it certainly would
- 5:04Speaker 1: have fluctuated. It's been a tough year, but there's been
- 5:07Speaker 1: some real highs and lows. It does feel as though
- 5:09Speaker 1: there's you know that there's more people out and about
- 5:13Speaker 1: at the moment in the territory. I don't know whether
- 5:15Speaker 1: that is really the case of whether it's just sort
- 5:17Speaker 1: of anecdotally. People are feeling as though there's a bit
- 5:20Speaker 1: of a buzz in the air. How is business confidence
- 5:23Speaker 1: at the moment?
- 5:25Speaker 2: I think you're right, Okatie. In certain sectors there really
- 5:27Speaker 2: is an error positivity moving well being more readily expressed,
- 5:34Speaker 2: particularly construction sector and looking forward to a lot of
- 5:36Speaker 2: the defense projects are there, and we're working very hard
- 5:40Speaker 2: with the master builders to make sure the local business
- 5:43Speaker 2: captures as much of that opportunity as possible, and that
- 5:46Speaker 2: will have a flow on effect through the rest of
- 5:47Speaker 2: the community. So, you know, some big numbers happening there.
- 5:50Speaker 2: We just need some of these other projects and I'm very,
- 5:53Speaker 2: very keen for the Reconstruction Commission to be supporting business
- 5:58Speaker 2: enabling infrastructure as part of the upcoming federal budget as
- 6:01Speaker 2: well as the territory budget. Yeah.
- 6:03Speaker 1: Are there certain things that you're hoping for in that
- 6:06Speaker 1: upcoming federal budget which is going to be handed down
- 6:08Speaker 1: next week.
- 6:11Speaker 2: Yeah, there are, Katie. I really do think that the
- 6:13Speaker 2: territory needs some core infrastructure so that it enables us
- 6:17Speaker 2: to move forward. Increasing access to remote communities is vital
- 6:21Speaker 2: for their economic participation. Some of those things are not
- 6:26Speaker 2: going to stack up from a business case point of view,
- 6:28Speaker 2: but from a social and closing the gap perspective, I
- 6:30Speaker 2: think it's critical that we make some progress in those
- 6:33Speaker 2: areas well.
- 6:34Speaker 1: Greg Island, it's always good to catch up with you, mate.
- 6:37Speaker 1: I really appreciate your time this morning. Thanks for coming
- 6:39Speaker 1: on the show.
- 6:40Speaker 2: You're most welcome.
- 6:41Speaker 1: Thank you.