Back in Business? WA Small Businesses and the Impact of COVID-19

Rebecca Cassells, Alan Duncan and Daniel Kiely

No FWA14, Bankwest Curtin Economics Centre Report series from Bankwest Curtin Economics Centre (BCEC), Curtin Business School

Abstract: The impact of COVID-19 has been felt across the economy and business sector, but for small businesses these shocks can be more challenging to deal with, with fewer resources to draw from. The latest lockdown is a set-back for WA’s small businesses, with business closures and restrictions putting a hopefully temporary halt to the small business sector’s recovery. But we now know what supports can help small businesses the most. The Bankwest Curtin Economics Centre has captured new data to understand the impact COVID-19 has had on small businesses, whether they have the supports needed to succeed and how they see the future outlook. This new report, the fourteenth in the Focus on WA series, covers findings from the 2020 BCEC Small Business Survey including the significant costs, workforce and other pressures businesses have experienced and their expectations for the year ahead.

Keywords: Western Australia; WA economy; small business; small and medium enterprises; productivity and innovation; economic growth; health of small business owners (search for similar items in EconPapers)
JEL-codes: L25 L26 M1 M13 M21 (search for similar items in EconPapers)
Pages: 96 pages
Date: 2021-02
New Economics Papers: this item is included in nep-ent and nep-sbm
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https://bcec.edu.au/assets/2021/02/BCEC-Back-in-Business-WA-Report-2021-WEB.pdf (application/pdf)

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