MEDIA RELEASE - Retailing and Housing to Drive Macarthur's Economic Recovery
30 April 2009
Echoing the sentiments of Brad Mathews the guest speaker at the MACROC CEO Breakfast Meeting, MACROC President, Cr Anoulack Chanthivong said, “Australia, including the Macarthur region, will inevitably recover from the current downturn although the timing and strength of the ensuing upswing is not clear at this stage”.
Brad Mathews Head of Economics and Research at Hillross Financial Services Ltd spoke to some 120 business managers and leaders at the MACROC CEO Breakfast Forum on 28 April 2009 in Camden where he outlined the causes of the current economic problems and reflected on the future track of the international and the domestic economy.
“The fiscal stimulus brought in by the Federal Government was timely and buoyed up demand in the Macarthur region thereby mitigating the full negative impact of the slowdown”, said Cr Chanthivong.
A joint MACROC and NSW Department of Environment and Climate Change (DECC) initiative aimed at achieving energy efficiency was also launched at the Breakfast.
Reflecting on sustainability, Cr Chanthivong said that “I am proud that DECC’s energy efficiency program complements MACROC’s Symmetry Sustainable Business initiative and I encourage businesses to participate in these programs to reduce their impact on the environment and save money in the process”.
“DECC’s energy efficiency programs are there to support businesses. It’s a great outcome for local businesses and our environment”, Cr Anoulack Chanthivong said.
The MACROC CEO Breakfast Forums have become increasingly popular. “This indicates that these events are proving useful to the region’s business leaders who are keen to look at ways to improve their business success and to share their knowledge with their colleagues”, said Cr Chanthivong.
MACROC will hold its second 2009 Forum in Picton on 11 August. For more information about the Forums or sponsorship opportunities, contact MACROC on 4645 4965.
File: MEDIA RELEASE - Retailing and Housing to Drive Macarthur's Economic Recovery
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