Newspaper article The Morning Bulletin (Rockhampton, Australia)

Coalfields Business Owners Hold on Tight for a Bumpy Ride

Newspaper article The Morning Bulletin (Rockhampton, Australia)

Coalfields Business Owners Hold on Tight for a Bumpy Ride

Article excerpt

BUSINESS owners across the coalfields are bracing for a bumpy ride from the impact of the loss of more than 1000 highly paid mining jobs.

Dysart Bakery owner Jason Moffat said it was still too early to worry about how bad the slump was going to be.

"The news is still too fresh and vague at the moment. We still don't know how many jobs will be lost at the local mines," he said.

"It will take a month or two to flow on to businesses like ours.

"We've been here for 15 years and seen it all before. There was a bad slump 10 years ago and we got through it. In tougher economic times you just have to knuckle down and watch your costs."

The bakery has 10 casual employees and all but two of the workers have close connections with the mines.

"In a place like Dysart, everything comes back to the mines. They are the reason the town is here, why the businesses are here. …

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