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Which sectors helped Northern Rivers avoid coronavirus downfall


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Two growing sectors could have been the key to the Northern Rivers staying afloat during the height of coronavirus, according to new data.
The Xero Boss Insights 2021 report from demographer Bernard Salt has revealed investment in health and real estate markets have helped bolster the region during the pandemic.
Nationwide, Lismore had the highest Health Care and Social Assistance business count over the past year, at 11 per cent.
It was closely followed by Port Macquarie and Hervey Bay.
The Australian average was 8 per cent.
The report hinted this was good news, given health and medical job growth was only growing. ....

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Warwick business undaunted by startling 2020 closure rate


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Despite recording one of the highest closure rates in the state last year, experts say all signs point to the resilient Warwick business sector making a formidable comeback in 2021.
The report revealed Warwick boasts one of the highest concentrations of agribusiness ventures in Australia, with the sector accounting for 21 per cent or three times the national average of the area’s total businesses.
The potentially alarming statistic is nothing for residents or business owners to worry about, according to Warwick Credit Union CEO Lewis von Steiglitz.
Warwick Credit Union CEO Lewis von Steiglitz on the day of the amalgamation of Warwick and Gympie credit unions. ....

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95 businesses closed: Qld region hardest hit in tough year


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by Chris Herde
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THE number of new business in Queensland rose last year with sole traders becoming an increasingly important part of the job market during a period marked by the coronavirus lockdown.
Xero Boss Insights 2021 report, authored by demographer Bernard Salt, found that across Australia there was a net increase of about 47,000 new business in Australia who gained an ABN number.
According to the report, Queensland accounted for 7358 new businesses with Greater Brisbane making up about 4900 or a 2.4 per cent rise in the 12 months ending in June last year. Over that period there were 1590 new business registered on the Gold Coast and 876 added on the Sunshine Coast. ....

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