'Not going to be around for much longer': Small business under pressure despite population growth
Mount Barker is one of South Australia's fastest-growing districts, but while some businesses are excited about the prospect of more customers, others are competing with tightening wallets and operating pressures.
Mount Barker, a rapidly growing community in South Australia, is facing challenges despite its expanding population. The town, home to over 50,000 residents by 2035, is experiencing rising costs, a tightening economy, and fierce competition from online retailers. Local businesses, such as a century-old shoe shop and boutiques, are struggling to cope with higher overheads, increased wages, and reduced disposable income due to higher mortgage rates.
Despite these pressures, some businesses are optimistic about future growth, hoping a new hospital will bring more high-paying jobs. However, others fear small businesses will soon be replaced by big chains like Kmart and Target. The council offers support through advice, programs, and a mentoring initiative for 18 local businesses.
Meanwhile, a business advocacy group uses social media to attract younger customers to the area. Despite the challenges, some businesses, like a local cafe, have seen a positive impact from the influx of new residents, boosting their annual revenue.
Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
