The Adroit Regional Business Survey provides valuable insight into the mindset of regional Victorian businesses and their outlook for FY 16/17.
The results show that the regional Victorian economy is growing and that this is having a positive impact on those surveyed, despite indicators that respondents were unsatisfied with support from the Victorian Government.
“We conducted this survey because we’re passionate about learning more from our community in regional Victoria. We hope that by providing the full breadth of data for the community they will be able to gain valuable insights.” – Andrew Locke, Managing Director.
- 78% of respondents reported company revenue had remained steady or increased in FY 15/16, with 19% reporting an increase of over 10%.
- The number one issue to be addressed by the federal government in FY 16/17 was identified as taxation reform.
- Many of those surveyed reported confidence in their business with 48% reporting they thought revenue would increase in FY 16/17.
- 64% of respondents identified the main barrier to business growth as market and economic conditions.
This report provides additional breadth of data from the survey and we hope it offers you some valuable insights into the community that we all share.
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