Highlands News

Business confidence down

business confidence

Local businesses are reporting a serious decline in business confidence.

Aswell as the looming Federal Election, the latest quarterly survey by the NSW Business Chamber also shows people have concerns over key policy areas such as workplace relations.

It's the largest drop in business confidence recorded since July 2010.

Around 60 per cent of businesses across the Illawarra ( including the Southern Highlands ) have also reported a drop in profits and sales revenue in the last few months.

Illawarra Business Chamber Executive Director Adam Zarth says the looming Federal election isn't helping and insists businesses need more certainty.