Business confidence in the next 12 months fell 16.9 points in the December quarter to the lowest reading since the start of the COVID economic crisis in March 2020.
Business revenues, sales and profitability significantly weakened while costs remained high or increased over the December quarter.
51% of businesses expect the Queensland economy to be weaker in 2022 and 46% expect the national economy to be weaker.
More than 60% of businesses owners said mental health impacts associated with COVID had impacted them or their staff
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