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Brisbane economy ‘bouncing back’ after coronavirus lockdown, council data reveals
The Brisbane economy has started to “bounce back” from the effects of the coronavirus pandemic, with retail spending in the 2020 November-to-December period one of the biggest in a decade, new data released by the Brisbane City Council shows.
Key points:
- Foot traffic peaked over the Christmas period, with people returning to Brisbane’s CBD to shop
- Job numbers are also on the rise and on track to recover to pre-pandemic levels by March 2022
- The data shows a 4 per cent decrease in the number of businesses applying for JobKeeper
Brisbane Lord Mayor Adrian Schrinner said foot traffic was steadily returning to the CBD, currently at 58 per cent of its normal capacity.
“The Queen Street Mall today is a very different picture than it was in 2020,” Cr…
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