TCCI concerned by Deloitte Access forecasts, calls for bold leadership to rebuild economy


Release Date: 6/07/2020
TCCI CEO, Michael Bailey, said he was concerned by some of the forecasts in the Deloitte-Access Economics Business Outlook released today.
 
“The Business Outlook forecasts Tasmania will spend most of the new financial year in recession and unemployment will spike,” Mr Bailey said.
 
“The Premier has done a fantastic job leading the way in response to the health crisis, now we need to see the same leadership when it comes to dealing with the economic crisis that is unfolding. 
 
“The economic recovery will be driven by Tasmanian businesses and the private sector.  The TCCI is calling for a three step plan – help businesses to reopen and stay open, invest in skills and invest in infrastructure.  Record infrastructure investment is a good start, but more needs to be done.
 
“The Government will need to look at other measures, such as payroll tax and other significant input costs that it controls, like power bills.
 
“We will continue to work with the Government and provide a strong voice for business as we face these challenges as a community.”




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