‘Let’s not panic’: Paul Guerra calls for calm as businesses flee the state

Victorian Chamber of Commerce and Industry CEO Paul Guerra has called for calm as thousands of businesses flee Victoria.

• Scroll down to watch him speak on the state of business in Victoria 

The Australian Bureau of Statistics revealed 7,606 businesses have left Victoria in the past 12 months and was the only state to record a decrease.

Mr Guerra said there’s “certainly been a drop in confidence” but claimed there’s “no time to panic”, stating the amount of businesses has actually grown over the past four years in the state in total.

Press PLAY to hear him call for calm 

Press PLAY below to watch him speak with Neil Mitchell in studio 

 

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