been affected by the
Wholesale industries hard
A little over a week after the Australian Government stopped all direct commercial flights to China in early February the coronavirus (COVID-19) is already striking several industries.
Around two-fifths of Manufacturers are already reporting being affected and closely followed by a third of Education & training businesses and those in the Wholesale industry.
Other industries to already be feeling the effects of the coronavirus include Accommodation & Food services which includes travel and tourism businesses, Community services, Administrative & Support services and Property & Business services.
‘We have workers that are in isolation to recover from potential exposure to the virus’ ‘We have a possible case of exposure to deal with’
A deeper analysis of the industries most heavily impacted by the bushfires/floods shows that over 40% of businesses in the Accommodation and Food services sector, which includes travel and tourism, say they have been affected either ‘A great deal’ or ‘Somewhat’.
Around a third of businesses in the Retail and Property & Business services industries have been affected while there have also been disproportionately large impacts on Manufacturing, Transport, Postal and Warehousing, Public administration & defence, Education & training and Recreation & personal.
Businesses in the East Coast States of Victoria (39%), NSW (31%) and Queensland (23%) have been the most heavily affected by the bushfires/floods. In contrast only 14% of businesses in Tasmania and 11% of businesses in both South Australia and Western Australia have been affected at all.
‘There’s already been some delay to the arrival of some supplies’
‘Production of some of our products are in China so there have been delays in manufacturing and delivery’
‘Less business due to material imports from China’
‘Our staff have had some concerns unloading containers from China’ ‘Imported goods are being held up’
‘I import from China so many of my factories have been closed for longer than usual making it hard to keep stock up’
‘There are definite delays in obtaining orders from factories in China’ ‘We’ve had problems receiving stock from China’
‘Access to stock has been hit’
‘Production delays from Chinese manufacturing plants will impact future deliveries’ ‘Factories in China are still closed
and our product isn’t being made’
‘Getting stock out of China has been delayed’ ‘Stock isn’t leaving China’
‘Delays with shipments from China’
‘Wool exports to China have dropped off a bit’ ‘Commodity prices have fallen’
‘Loss of export market to China’
respondents should be treated with caution.
‘People have more caution travelling, and simply aren’t travelling as much’
‘People don’t want to attend seminars where there may be people who have recently travelled in Asia’
‘We aren’t seeing Chinese clients’
‘There are less tourists from overseas coming through’ ‘Cancellations by customers from Asia’
‘We have reduced tourism. Particularly after the cancellation of Chinese New Year’ ‘The travel restrictions are hitting tourist numbers’
‘Our greater China region isn’t operating and regional events and travel are mostly cancelled’
‘We have curtailed travel to and from China and may extend that to other Asian cities’ ‘Cancelled travel’
‘Business travel has been affected’
‘Travel to Asian offices for business has stopped’
‘Our sales are down. Customer orders are one-third of normal’ ‘Customer numbers are 20% off from busy trade’
‘Confidence is down’
‘The stock-market has dropped’
‘People are not getting out to shop and buy’
‘There’s a definite reduction in activity from customers at our bars and restaurants’ ‘Less customers’
Source: Roy Morgan Special Snap SMS Poll of Australian businesses in February 2020, n=1,170.
Base: Australian businesses.
#Sample sizes with fewer than 50 respondents should be treated with caution.