Brunswick Business Snapshot
Background
During the 1990's town of Brunswick Heads experienced a significant downturn, with 13 empty shops in 1997. In 1999 a Community and economic development strategy was developed by the Chamber of Commerce and implemented over the next four years.. A combination of factors, including the town bypass, the 1997-1998 Sense of Place Project, implementation of the 1999-2003 Community Economic Development Plan, the Chinderah to Yelgun highway upgrade, the seachange phenomenon and ongoing assistance from the Department of State and Regional Development all contributed to considerable economic revitalisation by 2003.
Business Retention and Expansion Survey 2003
The Business Survey of 2003 revealed a "cautiously optimistic" sentiment by business people, a reduction in the vacancy rate down to about 2% and an significant employment increase in the previous two years by 29.3%. Tourism related trading accounts for about half the overall trade, and day trippers and weekend visitation had increased quite significantly over the prvious couple of years.
Business Retention and Expansion Survey 2006
In November 2006, soon after the introduction of the "Simple Pleasures" branding and marketing campaign, the second Dept State and Regional Development (now Dept Industry and Investment) Business Retention and Expansion Survey was conducted by the Chamber of Commerce. Tourism was still the main industry and a strong cafe culture had developed. Job opportunities had increased. A summary of findings can be downloaded here.
Pieter Verasdonck I & I NSWBusiness Expansion and Retention Survey 2009
The third Business Survey was conducted in October/November 2009.
Pieter Verasdonck, from Industry and Investment NSW launched the findings of the 20009 BRE Survey, at a launch and presentation on Wed 9th December held at the Hotel Brunswick. The BRE survey was jointly funded by I&I NSW and the Chamber and the launch was sponsored by Eagle insurance Brokers, the Hotel Brusnwick and TURSA.
Findings
There were no great surprises this time, although the small increase in employment of 7.7% since 2006 was pleasing, especially with the global financial crisis and severe weather events causing businesses to tighten their belts considerable throughout 2009. The emergence of a new cluster of secondhand shops (there are now 11) is exciting as they complement the cluster of 23 eateries well.
10.4% of the business surveyed started up this year, bringing fresh new energy to town. The overall outlook is optimistic, with over 80% of businesses expected to expand in some way and offer more jobs in the next two years.
The wide range of services that the Chamber currently offering also got the big tick to continue. The challenge will, of course, be to continue with the "Simple Pleasures" branding, the "buy local" initiatives, streetscaping, events and other projects on the smell of an oily rag, and with time challenged businesses. It is hoped that some new blood will step up to the plate at the AGM in February, when the president and several of the current executive are taking a well earned breakafter a very full year.
More information
A summary of the 2009 findings can be downloaded here or is available at the Visitor Centre. The full 35 page Business Survey Report is available on request or can be viewed also at the Brunswick Heads Visitor Centre, 7 Park St, Brunswick Heads.
- BRE_Exec_Summary_Dec_2009.pdf bytes
- Adobe PDF Reader required, download it here...
Warning: filesize() [function.filesize]: stat failed for /home/brunswick/www/www/media/docs/BRE_Exec_Summary_Dec_2009.pdf in /home/brunswick/www/www/includes/core/page_document.php on line 37
Follow us on Twitter
Watch videos on YouTube