Supporting Small Businesses through COVID-19
I have requested the Lord Mayor to call an Extraordinary Council Meeting to discuss the unfolding COVID-19 crisis that is developing across Australia. The NSW and Federal Government are taking action to protect our citizens as well as to help keep the economy functioning. It is clear that Council can also take action to relieve the pressure on small businesses which are facing unprecedented downturns in business.
Small business is suffering from the biggest downturn in trade that most of us can remember. In Haymarket, Kensington, Randwick, Chatswood, Eastwood, many businesses are down 90% with some making the heartbreaking decision to close temporarily. For some, they may not reopen. Throughout the CBD of Sydney, I am hearing varying reports of how much small business has been affected by the reduction in foot traffic but there is one thing for certain - everyone is down.
Council has resolved to take action to improve the activation and promotion of the area, but unfortunately that won’t be enough. I want more done to help our small and family businesses during this difficult time.