a REPORT ON THE IMPACT OF THE REFORMS ON NORFOLK ISLAND BUSINESS

On the Brink of Disaster:

The Impact of the Australian Government Reforms on Norfolk Island Businesses

by

Chris Nobbs

[November 2017]

This report claims that the Norfolk Island economy is in crisis and heading for disaster.

 

This crisis is the result of the manner of intervention by the Australian Government in Norfolk Island's government and economy since 1 July 2016. By requiring both that Norfolk Island pay its own way and that Norfolk Islanders become like mainland Australians in terms of their obligations and expectations, the Australian Government is crushing the island's economy in a vice from which few groups will escape unscathed.

 

It is projected that Norfolk Island will suffer a very large rise in prices, a steep downturn in tourism, a slump in business, a rise in unemployment, and widespread community distress.

 
Report by Chris Nobbs