Treasurer Wayne Swan has confirmed a $A7.5 billion blow to the Australian Federal Budget since the mid-year update in October 2012. So just how bad will this year's Budget be? Will the Federal Government be cutting 'to the bone' to make up for declining revenues? Can the Budget deficit only be closed through higher taxes - meaning the days of "painless" budget fixes are over?
These questions and more will be the focus of this year’s Australian Federal Government Budget presentation by leading Australian economist - Carey Ramm. He will provide expert analysis and comment on the Budget and its impact on business both within Australia and overseas. In addition Carey will update the outlook for the Australian and Global economies and provide his practical insights on the opportunities and challenges we will face in the coming year.
Carey is the Executive Chairman and Principal Economist of the AECgroup, one of Australia's largest economic advisory firms operating in ASEAN. Carey founded the AECgroup in 1993 and was formerly a Ministerial Adviser on Transport, Communications and Economic Development issues to two Australian Prime Ministers and Cabinet Ministers. Carey is now a prominent economic commentator and adviser to a vast number of major national and international businesses in Australia, Asia and the Pacific. Carey is held in high esteem throughout the business and government communities and regularly provides key strategic advice for a range of issues covering:
Carey is also a prominent businessman in his own right with investments in property development and construction, biofuel, aquaculture, retail trade, manufacturing, pharmaceutical, hospitality and funds management in Australia, Asia and the Pacific.