Trade losses set to hit local businesses hard
TRADE losses during the cyclone will impact local businesses more than any structural damage or perishable goods loss.
That's what the CEO of Capricorn Enterprise, Mary Carroll, said yesterday when she spoke with The Morning Bulletin.
Ms Carroll said that whilst it would be some days before the damage could be fully assessed, the cost was expected to be "in the millions".
She commended the work of the crews from the emergency services, Ergon energy and telecommunication services with their quick response times.
"The sooner all businesses have power restored the less economic impact there will be," she said.
Woodies Supermarket and The Strand Hotel have been operating since Saturday via generators, allowing people access to food and other goods at Yeppoon.
Oceans and Echelon Yeppoon have both had their power restored and are open for business.
Mercure Resort and the Rosslyn Bay Inn are now currently operating with generators, and are housing Ergon Energy and Emergency Services personnel.
Great Keppel Hideaway and Holiday Village are waiting on power restoration before they can begin business normally, at which point Freedom Fast Cats will be servicing visitors.
They are confident they can commence operations from the weekend.
Ms Carroll is hopeful that one week on from the cyclone, most businesses will be back in action across the region.
At which point, she said, it was important to focus on repairing the economic damage done to businesses over the past week.
"The best thing people can do is to support local businesses," she said.
"Don't spend money online, buy local and help businesses recover."
Funds from the organisation's marketing budget will be put into developing a positive tourism campaign run throughout regional Queensland and across social media to boost the economic recovery in the region.