results from our survey to date
24th August 2021
We really wanted to share the data we’ve collected from the last few months . See results below.
Q. What are the challenges you’re experiencing in your work as a result of the COVID-19 pandemic and associated lockdown measures
- Negative impacts on cashflow 87.50%
- Negative impacts on staff mental health and wellbeing 81.25%
- Inability to forward book/schedule – secure future revenue 75.00%
- Reduced business growth and progress 77.08%
- Decreased staff morale 62.50%
- Concern regarding industry future 56.25%
- Inability to pay operational expenses like rent, electricity, etc. 52.08%
- Inaccurate or unstable budgeting and financial planning creating uncertainty 45.83%
- Reduced staff capacity and efficiency due to increased home demands 41.67%
- Utilising business or tax savings to keep business going 45.83%
- Impacts on staff retention and future recruitment 37.50%
- Customer/client shutdowns or lack of payment lead to a trickle-down effect 35.42%
- Business losses due to inability to sell stock 27.08%
- Difficulty paying employees 25.00%
- Issues due to supply chain disruptions 20.83%
- Selling products at below profits to move stock and provide cash flow 16.67%
- Need to shift to digital business, with insufficient resources or knowledge 16.67%
- Not sure where to go for advice and guidance 18.75%
- Not sure where to go for advice and guidance 17%
- Increased cost of inputs (products or services) 10.42%
- Other 16.67%
Q. Are you able to achieve ‘100% regular trade’ when regional restrictions in place? These restrictions include: limit of 50 person max in venues, 1 per 4sqm rule, group sizes max 20 people, seated service only, 10 person max outdoor, offices capped to 50%.
- Yes 20.83%
- No 79.17%
Q. What impacts to staff and payments have Victoria’s lockdowns created? Please select all that apply.
- We’ve stood down some staff 29.17%
- We’ve reduced salaries for all staff 22.92%
- We’ve maintained all staff at regular wages 12.50%
- We’ve had to reduce salaries to some staff 8.33%
- We’ve had to stand down all staff 6.25%
- None of the above 37.50%
Q. If the most recent lockdown was to be extended or repeated, how would this impact your organisation’s staff?
- We would need to stand down staff 33.33%
- We would need to reduce salaries for all staff 27.08%
- We would need to reduce salaries for some staff 16.67%
- Staff at my business would not be affected 6.25%
- None of the above 35.42%
Q. Which of the following impacts are you personally experiencing:
- Negative impacts to my mental health 91.67%
- Increased care demands (children, elderly, other loved ones) 81.25%
- Reduced time for my business 56.25%
- Assumed the majority of additional household responsibilities 56.25%
- Negative impacts on my physical health 64.58%
- Difficulty accessing financial support from the bank (e.g. loans, investment or other capital for management of personal finances) 35.42%
- Assumed the majority of additional caregiving (family / friends) 29.17%
- Other (please specify) 12.50%
Q. How confident are you about employment and business prospects for the year ahead (2021/22 financial year)?
- Extremely worried 41.67%
- worried 29.17%
- Neither confident nor worried 18.75%
- Somewhat confident 10.42%
- confident 0%
Q. Business closures / downshifting: which of the following applies to you?
- We had to close doors but I’m trading in some capacity online or in a pivoted capacityely worried 43.75%
- Our business is closed due to restrictions and we are not trading. 39.58%
- We may need to close in the next 12 months if intermittent lockdowns continue 25.00%
- I’m considering downshifting my career or leaving the workforce 16.67%
- We may need to indefinitely close imminently if things don’t improve 6.25%
Q. Which of the following financial or government support options did you access over past 12 months?
- JobKeeper (Federal) 85.42%
- Business Support Fund (State) 52.08%
- Bank loan repayment deferrals 29.17%
- Payroll tax relief (State) 22.92%
- Hospitality grants (State) 20.83%
- Regional Tourism Accommodation Support Program (State) 4.17%
Q. What do you believe to be the solutions to this current situation of repeated lockdowns? Please select all that apply.
- Develop a clear and transparent roadmap to business and economic recovery 85.42%
- Bring Victoria’s response in line with other states with improved contract tracing and best practice hotel quarantine. 72.92%
- Fewer, shorter, targeted area lockdowns 56.25%
- Improve and expedite optional vaccine rollout and set an end date when borders will open and life will resume 47.92%
- Utilise rapid COVID testing and vaccine evidence to permit travel and movements 52.08%
- Maintain current system of elimination / ensuring zero cases with intermittent lockdowns until a majority of the community has been vaccinated, as long as that may take 6.25%
- Maintain current system of elimination / ensuring zero cases with intermittent lockdowns until COVID is no longer present in the world 2.08%
Q. Describe the impact Victoria’s repeated lockdowns are having on you and your organisation / business (up to 100 words)
demographics from submissions
%
Female owned businesses on the Peninsula
- Sole Trader 39.58%
- Micro (0-4 staff) 20.83%
- Small (5-19 staff) 22.92%
- Medium (20 – 199 staff) 14.58%
- Large (200+ staff) 2.08%
- Hospitality & Food Services 20.83%
- Arts and Recreation Services 10.42%
- Info Media & Telecommunications 8.33%
- Prof, Scientific & Tech Services 6.25%
- Health Care and Social Assistance 6.25%
- Retail Trade 4.17%
- Tours & Passenger Transport 6.25%
- Events 18.75%
- Education and Training 6.25%
- Financial and Insurance Services 2.08%
- Administrative and Support Services 2.08%
- Manufacturing 2.08%
- Holiday Accommodation 2.08%
- Real Estate 2.08%
- Tourism Attraction 2.08%
we still want to hear from you
we’ll be updating these stats again in 14 days
“Your value will be not what you know; it will be what you share.”
Ginni Rometty