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‘Degree of resilience’ in economy despite manufacturers facing supply shortages

Australian Chamber of Commerce and Industry CEO Andrew McKellar says there is a "degree of resilience" in the economy despite Australian manufacturers facing crippling material supply shortages amid Delta cases surging around the world. 

He said manufacturing activity has been "stalled" and "impacted by the shutdowns" across all of Australia.

"Nevertheless, there is a degree of resilience out there in the economy - obviously there are constraints, there are restrictions in supply chain which we're having to battle at the moment," Mr McKellar told Sky News Australia. 

He said once the restrictions are lifted, it is hoped the economy will be able to start to open up.

"And that's why those vaccine thresholds, meeting those vaccine thresholds as rapidly we can, is absolutely essential," he said.

"Not just in New South Wales and Victoria, but really across all states at the moment if we want to avoid further disruption in the months ahead."

Australian Chamber of Commerce and Industry CEO Andrew McKellar says there is a “degree of resilience” in the economy despite Australian manufacturers facing crippling material supply shortages amid Delta cases surging around the world.

He said manufacturing activity has been “stalled” and “impacted by the shutdowns” across all of Australia.

“Nevertheless, there is a degree of resilience out there in the economy – obviously there are constraints, there are restrictions in supply chain which we’re having to battle at the moment,” Mr McKellar told Sky News Australia.

He said once the restrictions are lifted, it is hoped the economy will be able to start to open up.

“And that’s why those vaccine thresholds, meeting those vaccine thresholds as rapidly we can, is absolutely essential,” he said.

“Not just in New South Wales and Victoria, but really across all states at the moment if we want to avoid further disruption in the months ahead.”Australian Chamber of Commerce and Industry CEO Andrew McKellar says there is a “degree of resilience” in the economy despite Australian manufacturers facing crippling material supply shortages amid Delta cases surging around the world.

He said manufacturing activity has been “stalled” and “impacted by the shutdowns” across all of Australia.

“Nevertheless, there is a degree of resilience out there in the economy – obviously there are constraints, there are restrictions in supply chain which we’re having to battle at the moment,” Mr McKellar told Sky News Australia.

He said once the restrictions are lifted, it is hoped the economy will be able to start to open up.

“And that’s why those vaccine thresholds, meeting those vaccine thresholds as rapidly we can, is absolutely essential,” he said.

“Not just in New South Wales and Victoria, but really across all states at the moment if we want to avoid further disruption in the months ahead.”

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