Could the NT lead Australia's economic comeback? Business owners like Michelle aren't sure

  • 📰 abcnews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 83%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The government is hoping a resources boom will make the Northern Territory Australia's economic 'comeback capital', but some members of the business community aren't so sure.

In a normal dry season, Michelle Elliott runs a dinner cruise every night on the scenic Darwin Harbour.Some business owners are wary of the planBut this year, after COVID-19 closed her business altogether for two months, she's down to running only two or three cruises a week.

Other members of the NT's business community have labelled some of the government's plans to make the territory Australia's economic "comeback capital" as "fanciful". Chief Minister Michael Gunner is promising local businesses the NT could be Australia's "comeback capital" after COVID-19. He also thinks the high cost of transporting commodities from the NT — due to its remoteness — can be overcome.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

not with Gunner and Labor running things...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Keep your options open': How Henry's business thrived amid Melbourne's stage 4 lockdownUnemployment is soaring as businesses struggle to survive, but some owners are adapting and going from strength to strength during the stage 4 lockdown. Finally ABC News managed to look up from their desks, venture out into the city and see Melbourne's resilience instead of exclusively pushing doom and gloom stories! Please keep going! Melbournians have got this! There have certainly been a few good stories. My husband’s company took off and has never been busier. It’s grown so fast this year, and the same for my experience. Being able to pivot and respond quickly is key.
Source: abcnews - 🏆 5. / 83 Read more »

The JobKeeper cliff is within range and these business owners fear the dropAll Emily Turnbull wants to do is dress up as a fairy princess and operate her entertainment business, but with COVID-19 restrictions still in place, that's not possible, and now, she must manage a drop in JobKeeper. I suppose you could have found a more obscure business to focus your report on but I assume full time birthday party clowns were all busy looking for alternative jobs.
Source: abcnews - 🏆 5. / 83 Read more »