MARCH 2020
The NSW economy is facing multiple economic shocks which have severely impacted business confidence and the economic outlook in the first quarter of 2020.
16 May 2020
About this survey
In this special edition report of the Business Conditions Survey for NSW, we asked additional questions to understand the impact on business of COVID-19, bushfires, drought and other weather events that have impacted NSW in the first quarter of this year.
While it is clear that COVID-19 represents the most significant threat to the economy, some regions and industries have also been acutely impacted by other factors such as bushfires and drought which have had a concentrated impact in some parts of NSW.

Dr Sherman Chan
Chief Economist, Business NSW
Dr Sherman Chan is an economist with experience in government, banking, and consulting. She holds a PhD and a Bachelor of Commerce (Honours in Economics) from UNSW. Proficient in both macroeconomics and microeconomics, she has been a sessional lecturer at UNSW since 2014.