CCIQ December 2022 quarter Pulse Report out now
Businesses are facing a new set of challenges in a post-COVID environment, with attracting and retaining employees, insurance costs and interest rates listed as the most significant impacts in a major shake-up of business growth constraints in Queensland in the past year.
General business conditions in the December quarter decreased slightly, but remained satisfactory, largely as a consequence of solid sales.
Operating costs continued to significantly rise, decreasing on half a point from the September quarter.
Labour costs continued to increase significantly as well. The labour costs index is expected to remain at high levels in the March 2023 quarter.