The April super storm struck Cessnock businesses to the tune of $39 million, a study has found.
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Cessnock City Council has released the findings of the Cessnock City Business Study, which showed that 76 per cent of 1000 businesses surveyed were impacted by the natural disaster earlier this year.
The effects included a loss of power and communications, structural damage to buildings, stock losses, inability to source products or deliver goods and staff shortages.
Cessnock council general manager Stephen Glen said the report offered valuable insight into the economic effects of the super storm.
“The report provides critical information to help all levels of government plan for and develop support programs for businesses,” he said.
“For example, it’s significant to note only 34 per cent of businesses surveyed believed they had adequate insurance to cover repairs and revenue loss.”
