The Hellenic Australian Chamber of Commerce and Industry (HACCI) held its quarterly Business Forum this week with a record audience in attendance. The forum was addressed by leading Economist Dr Theo Gazos of the Predictive Analytics Group.
Dr Gazos explained that “if the Australian economy is to grow over the current forward estimates period, any form of fiscal restraint must be pursued only within the context of bold and strategic economic planning”.
He went on to state that “cutting costs across the board without regard to critical requirements, whether it be in infrastructure, health or education, will not serve the economy and will not support growth. Repairing the current weakness and creating a clear pathway to deal with the future challenges facing the Australian economy requires clear and thoughtful planning”.
Dr Gazos also reiterated his belief that “the budget position, whether in deficit or surplus, is but one criteria used to judge the wellbeing of an economy. Politicians must stop using it as a political football and concentrate more on micro and macro-economic reform that will stimulate economic growth.
Furthermore, the Hellenic Australian Chamber of Commerce and Industry held its first Proinos Kafes networking event for 2014 at Stavros Tavern last week, with over 50 members and non-members in attendance.
Attendees were treated to a traditional Greek breakfast and participated in an informative presentation about Corporate Security made by Angelos Yannacaros and Kostas Kyrifidis from Foenix Asset Group.
Proinos Kafes has become one of HACCI’s most popular events as people enjoy the relaxed atmosphere while catching up with like-minded business people, learn something new, enjoy a breakfast and of course an early morning kafe.
The next Proinos Kafes will be held at The Australian Greek Welfare Societies premises in Brunswick on Thursday April 17.
HACCI is looking forward to seeing as many members and their guests there as possible.
