Businesses have been hit hard by COVID-19 and as the sector looks to recovery as the pandemic becomes under control in Australia, the most important thing is economic recovery.
Many people will have their eyes on the Federal Budget as it's released tonight and The Examiner spoke to those in the industry to see what they hoped to see.
City's chamber of commerce
Launceston Chamber of Commerce executive officer David Peach said he hoped the Federal Government would look towards new initiatives to improve the economy, rather than tax cuts.
"From what we've seen in Tasmania is that there's a terrific appetite for vouchers and if you, rather than give tax cuts to individuals, distributed vouchers to people that would enable them to spend it in select industries. So you could make sure the tax cuts don't just go into paying down people's debt and it actually gets spent in the economy," he said.
"Somebody might be able to redeem that voucher to pay for their childcare, so they can go back to work or something like that, or you could use those vouchers in tourism across the whole country because tourism, hospitality and the event industry have just been smashed.
"If you were to issue vouchers for people to spend that then become redeemable as part of their tax return, then that to me is a better thing than just giving tax cuts."
Mr Peach said he also hoped to see the government look towards spreading its infrastructure budget around more to ensure a greater impact on more areas.
"To me it's smarter to give the money and spend it in infrastructure projects internally," he said.
"I would rather see lots of smaller capital projects rather than a handful of big ones. Because then they can be sprinkled around the regions more equitably."
In other news:
Launceston business owner
Owner of Cataract on Paterson and Rupert and Hound Karen Burbury has felt the affects of the pandemic, having closed her restaurants doors for months.
The restaurants shut down in March and did not reopen until July, with restrictions still in place.
She said her wish list for this year's budget consisted of incentives for the employed and tax cuts to help businesses and individuals.
"What I'm hoping to see is as far as incentive of employees and just general assistance. and maybe also rewarding the people that are working hard with some tax cuts," she said.
"And look, you know one tax that has just got to be abolished in Tasmania, is payroll tax. So people like me, who employ a lot of staff, we get slugged with payroll checks every month."
Launceston and Tasmania's Northern hotel industry group
Vision Hotels own a number of hotels in Launceston and in the state's North.
The company's director Brendon Deeley said the thing he most wanted out of the budget was initiatives to encourage Australians to travel to Tasmania.
"The biggest thing that we've had a problem, and I think everyone would agree in the hotel sector would agree, is that we've had a border closure, so tourists can't come," he said.
"Now, how do we stimulate tourists to come, we need to stimulate Australian tourists to come, so that may involve campaigns around Tasmania and about how amazing it is.
"And grants in that particular space, to encourage Australians to actually come down to Tasmania I think is the probably the number one thing that they I could do for the tourism industry and possibly the whole business community in Tasmania.
"If we can get mainlanders coming to Tasmania, every business will massively boom."
Mr Deeley said the business industry needed to get tourists to the Apple Isle and incentives could be key.
"How can we do that well, maybe there's something along the lines of what the Tassie government has done," he said.
"You know, maybe something like the travel voucher campaign the Tassie government has done, it has been absolutely phenomenal. So maybe something along those lines the Federal Government could do, or maybe there's just the promotion of Tasmania and grant funding ... to try and encourage people to come."
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