‘I know, for some, six weeks will be a bridge too far’: Chamber on restrictions easing

by | Apr 29, 2020 | COVID-19, News | 0 comments

A six week wait for lifting restrictions on Territory businesses is too long for many struggling businesses, and could send more pain through the depressed economy, the Chamber of Commerce has warned the Gunner Government.

Chief executive Greg Ireland met with Chief Minister Michael Gunner on Monday to explain the chamber’s stance regarding lifting business restrictions in anticipation of Mr Gunner’s detailed “road map” for the lifting of coronavirus restrictions, expected Thursday.

However, there was no clear indication the chamber’s agenda will be included in Mr Gunner’s road map.

“Some of the timing we do not always necessarily agree on,” he said. “We would like to see a bit more urgency. That said, we do understand the restrictions from the medical side of it. Any business that is able to open soon is a positive outcome.”

Greg Ireland

Mr Ireland said the chamber is unaware of the details around Mr Gunner’s “road map” as they “haven’t been told anything more about what he is going to announce”.

“I know, for some, six weeks will be a bridge too far. I know for others they couldn’t be ready in that time frame. It will depend on the type of business and how it can implement social distancing,” Mr Ireland said.

According to a CNBC Global CFO Council survey,even when the global public health crisis is under control and global supply chain disruptions caused by COVID-19 end, many large companies expect that business will not return to normal for between three to six months.

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