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Business Lunch with The Hon Joe Hockey MP, Shadow Treasurer and Terry Davis, Group Managing Director, Coca-Cola Amatil; Thursday, 30 April 2009

Business Lunch
 
The Hon Joe Hockey MP, Shadow Treasurer and Terry Davis, Group General Manager, Coca-Cola Amatil were interviewed by Ali Moore, ABC Lateline Business, in front of over 500 guests at a Chamber Business Lunch, generously partnered by Commonwealth Bank of Australia. 
 
AUSTRALIA IS FACING IT FIRST RECESSION in 17 years, rising unemployment, a credit crunch, reduced private sector confidence, falling profits, failing businesses, a possible emissions trading scheme…all within the context of a global financial crisis.

YET THE FEDERAL GOVERNMENT has taken action with its stimulus packages, planned infrastructure spending, provision of liquidity to enable business borrowings, proposed new IR laws…and the Reserve Bank has steadily dropped interest rates.  But are these settings sufficient?

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Photography by Ingrid Shakenovsky [ingshak@bigpond.net.au]  
 






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