Despite lockdown fears Hawke’s Bay businesses are still showing confidence they will survive through Covid-19 pandemic, according to the latest regional survey.

The Hawke’s Bay Chamber of Commerce has sent out a local business confidence survey alongside the national survey.

Hawke’s Bay Chamber of Commerce CEO Karla Lee said that the results showed greater confidence in business survival throughout the region compared with national statistics.

“Compared to the national confidence response, Hawke’s Bay businesses are optimistic they will survive this pandemic with 83 per cent confident, whereas the national figure is 70 per cent confident of survival post Covid-19,” she said.

“Redundancies are also lower in our region with a current figure of 2 per cent as opposed to the national redundancy figure of 9 per cent which supports the confidence levels in Hawke’s Bay.

“Hawke’s Bay sits even with the national belief that central Government will support them during the lockdown period with Hawke’s Bay at 78 per cent and nationally at 77 per cent.

“However, we have fewer businesses who have applied for the Government subsidy with 66 per cent in Hawke’s Bay and 80 per cent nationally.”

She said that the Ministry Social Development has been inundated with applications and has performed extremely well under this additional pressure.

In general, the comments received identify the biggest concern is around tax relief, followed by continued financial support and rent relief.

Visit Hawke’s Bay Today for more information.

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