What does 2021 have install for us as a community ?

December 2020 saw the release of the Infrastructure Australia Covid 19 Impact report a detail report into how COVID has changed Australia. 

So what does that mean to us as a community ?

The report found mostly what we already know namely

• Covid has pushed employees to Work From home or Regional Centres
• Sydneys Out Metro area has become the most desirable area to live 
• 10% of the sample moved out of the city to out metro areas during Covid pushing outer area housing price and rentals higher
• There has been a intense use and demand for local greenspaces
  
• Research also shows that 87%^ of Australians have noticed a positive shift in community attitudes towards urban green space, particularly amongst those living in high density areas
  
• Youth Unemployment ( Casual / service work ) is at 14.7%
• Projected Unemployment rate once Job Keepers is withdrawn will be 11.7%
• There has been a intense use and demand for local greenspaces
• There has been an increase in registration of secondary cars ( 35%) this is not expected to reduce any time soon an will have a impact to traffic congestion
• Traffic data implies that road transport is nearly back to pre-COVID-19 levels after initial reductions in traffic on major arterial corridors l There has been some peak spreading on public transport, but more intense peaks on road corridors, suggesting commuters shifted to private car use l
• Commercial vacancies are increasing with many firms beginning to downsize floor space,  lock in work from home agreements and decentralisation to outer metro areas rather than CBD rentals  (Syd /Melb most impacted)

Whist many may see negativity in the report it also highlights what we already know Riverstone has benefits too big to ignore. 

There is opportunity in Riverstone for your business the question is how do we make the most of that opportunity.

7am Friday 26 February 2021

The Chamber will continue to host our events at our COVID Safe outdoor location Smooth Blend Cafe  at 81 Riverstone Parade Riverstone