Gladstone CBD, January 2016. Photo Paul Braven / The Observer
Gladstone CBD, January 2016. Photo Paul Braven / The Observer Paul Braven

GCCI has massive response to boom, bust survey

GLADSTONE Chamber of Commerce and Industry closed the Boom, Bust or Reset survey on February 11 with 253 responses, making it the largest study of its kind to be undertaken in the Gladstone region.

This study was a follow-up report to the Boom or Bust study undertaken by GCCI in 2014 and aimed to contact as many local businesses as possible to gain a clear picture of how they were coping with the recent industrial boom.

The study began by looking at how businesses operated, their involvement in Gladstone's peak business support organisations, their structure and how long they had been open in Gladstone.

Businesses then detailed how they had been faring in the past several years and what effect the major industrial construction projects had had on their success.

The study went on to show how businesses predicted their future financial positions, if they would look into investing and whether or not they believed they would continue operating.

Businesses also addressed questions regarding Sunday trading, mental-health issues, cultural diversity, support services and buying locally.

The Boom, Bust or Reset study, sponsored by Australia Pacific LNG and Amarna, will provide a clear picture of the situation for Gladstone businesses.

These survey results will be compared to those collected in 2014.

GCCI will be releasing the study at the end of March this year.

To receive a copy of Boom, Bust or Reset, phone the chamber on 4978 7800 or email.