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The Hon Mike Baird MP, NSW Treasurer, 15 June 2012

BOARDROOM LUNCH

The Hon Mike Baird MP addressed a boardroom lunch for 70 business executives where he discussed the NSW Budget for 2012/13. This lunch was proudly hosted by Ashurst & NSW Minerals Council.

The Hon Mike Baird MP handed down his second budget on 12th June and we were proud again to host the debrief of what it will mean for business and our community over the coming 12 months.

Members and sponsors were engaged with treasurer and discussed major issues affecting our state. In December 2011 the Government presented a half-year review and on the back of this we can start to draw a line through where our state economy is heading. Some of the key issues that were discussed:

  •  Past, current and projected State’s financials.
  • The review talked of a weaker than expected economic outlook due to global and economic conditions, as suggested at last year’s budget.
  • The review talked of a modest fall in demand and output growth, a slightly weaker labour market and moderate wage and inflation pressures
  • Government incentives to kick-start our depressed building industry.



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