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Lockdowns driving business and personal stress
GoAuto News, Sandringham  by Neil Dowling
29 Sep 2021
General News - Page 29 - 217 words - ID 1511207815 - Photo: Yes - Type: News Item - Size: 263.00cm2

VACC research finds trade hit hard by COVID-19 with 92 per cent wanting JobKeeper returned

WHILE car retailers are reaping unexpected profitability from the motor vehicle shortage, a Victorian survey of the players in the wider car trade beyond dealerships has painted a depressing picture regarding a lack of government support.

The survey, conducted by the Victorian Automotive Chamber of Commerce on its members, showed more could be done by governments to support the industry especially in crucial areas like the failure of landlords to provide tenancy relief.

The survey showed that 76 per cent of respondents were not able to negotiate successfully for commercial tenancy relief with their landlord.

The results indicate that as many as 7500 full-time workers in the sector could lose their jobs between July 1, 2019 and October 30, 2021 and that 67 per cent of trade businesses had a greater than 40 per cent reversal in revenue since September 2020.

The results are to be used as evidence-based responses for federal and state governments with the aim of obtaining eligibility for broader business assistance packages.

VACC CEO Geoff Gwilym said that the wide-ranging survey "makes for depressing reading".

"Many business owners are reporting financial stress but sometimes they don't fit the cookiecutter government templates for COVID business support," he said.

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