Business Sydney executive director Paul Nicolaou on why shops remain closed despite the end of lockdown

·

Businesses are blaming a lack of office workers and commuters for a rocky reopening more than two weeks since lockdown ended. 

Paul Nicolaou says it has a rippling effect on the businesses that depend on staying open.

“With foot traffic still below 10 percent in city streets and malls, it’s going to be a hard battle for businesses that are still trading to stay open,” he said.

The Sydney CBD and North Sydney are most visibly hit by store and office closures.

A number of stores in the MetCentre closed last week and boarded-up shopfronts riddle the North Sydney CBD.

Source: Sydney Morning Herald

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

What happens to a lease in Greece when a landlord dies?

When a landlord passes away, their rights and obligations do not disappear. Instead, they are transferred to their heirs.

Australian and US Greeks drive international demand for The Ellinikon

Residential developments at The Ellinikon continue to attract strong international interest, with buyers coming from more than 110 countries.

Greek school opens in Tanzania, reviving language and culture

The newly established Greek school of the Greek community in Dar es Salaam, Tanzania, began operating this year.

Shoulder season travel to Europe gains ground among Australians

The annual stream of European summer holiday photos now seems to stretch well beyond the traditional peak.

Echoes from the past: Bust of the Roman Emperor Hadrian

No other Roman emperor was so influenced by Greek culture, and in return no other Roman shaped Athens so much.

You May Also Like

Goodman chief financial officer Nick Vrondas amongst highest paid in Australia

Goodman Group's Chief Financial Officer (CFO), Nick Vrondas has ranked third on Australia's list for highest paid CFOs.

Emilios Kyrou: Fighting racism to become first Greek-born judge of Australia’s Federal Court

Emilios John Kyrou AO tells The Greek Herald how he went from fighting racism to being first Greek-born judge of Australia's Federal Court.

Award-winning novelist Victoria Hislop receives honorary Greek citizenship

Victoria Hislop, the renowned author of bestsellers including “The Island” and “Those Who Are Loved,” may officially consider herself Greek.