The forced closure of our Business effective Monday 23rd March 2020 and the further announcement closing all Golf operations effective Sat 28th March 2020, is devastating.
This crisis is affecting every Australian and most people around the world and we are only a small part of the overall pain that we are all suffering. A meeting of all our staff on Monday 23rd March took place to inform them that their jobs were not lost but their positions were stood down for an unspecified period.
Prior to this crisis unfolding, our Club enjoyed record trading for the last 3 years, and the first 8 months of this financial year has been our best ever period. Our cash position is very strong and with Government stimulus we will be doing everything possible to ensure our long-term future.
The Clubs building programme is in the last stages of completion and provided that the construction industry is not restricted by the crisis we should see the completion in June/July 2020. The Club has a strong relationship with our Bank and again the strong financial position of your club will ensure that this project will be completed.
For the short term, the next 3-4 months is very uncertain, the overriding focus is to beat this virus and get back to normality as soon as possible. We will provide our Members with advice on when our golfing operation will re-open, and I suspect that this will happen prior to our clubhouse operation.
These are unprecedented times in our lives and we are making decisions that are very difficult, but at the end of the day these decisions are necessary and please appreciate that things change very quickly in this environment and what is decided one day, may change the next.
Stay safe please.
Ron Stockdale
Chief Executive Officer