Australian Business Economic Impact Survey EDA SA SPN Meeting – 29 th April 2020 Neil McNish, Principal Consultant
Background o Clients keen to understand local impacts of COVID-19 o REMPLAN impact modelling uses changes in either staffing or output (gross revenue) to estimate flow-on economic effects o No sources of data for revenue or staffing impacts by industry sector being gathered o Victorian client engaged us to undertake survey of local businesses o Decision by REMPLAN to expand across the country o REMPLAN managed and distributed through client base particularly local and state governments Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Number of responses by industry (19 sectors) Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Percentage of responses by industry Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Response count by State/Territory Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Revenue impacts by industry Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Revenue impacts by State/Territory Average revenue impact is -37.2% Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Staffing impacts Average staffing impact is -24.6% Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Business confidence Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Business confidence variation Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Immediate priorities Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) Operational benefits Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) SA revenue impacts (note: low number of responses) Australian Business Economic Impact Survey
Week 4 Results (27 th April 2020) National GDP estimated to fall by 6.9% Australian Business Economic Impact Survey
Thank you Neil McNish neil@remplan.com.au 0419 811 043 www.remplan.com.au
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