Business impact

Our community Business impact

Of the 2520 buildings assessed by the SES as being damaged, 656 were classified as commercial or industrial and 144 as ‘other’ (includes categories such as schools and community facilities etc). The level of damage to commercial and industrial buildings has been categorised as follows:

Destroyed 7 Severe Impact 241 Major Impact 264 Minor Impact 133

The Lismore LGA has 4,145 registered businesses, with 3,170 estimated to have experienced some level of disruption (based on location), be it supply, distribution, accessibility, or total flood inundation. The LGA had 23,232 jobs across all industries. Based on business location, it is estimated 18,098 jobs have been impacted by the flood. The agricultural sector output was valued at $92 million in 2015/16 and directly employs over 1000 people. It is estimated that 875 farmers have been either directly or indirectly impacted by the flood. The ripple effects of the business disruption to the wider Lismore economy are so widespread as to be incalculable at this time.

Lismore City Council’s Economic Development Team have provided ongoing support to businesses since the City’s inundation, helping to access grants, complete applications, get the right referral advice and address general Council matters.