Australia's National Australian Bank stated Australian business confidence in Sep-2010 remained near a four-month high with conditions improving in the mining and transport industries as the resources boom positively impacts the nation’s economy (Bloomberg, 12-Oct-2010). The confidence index slipped from 11 in Aug-2010 to 10, while the business conditions gauge, a measure of hiring, sales and profits, rose from 5 in Aug-2010 to 7. The bank added that the Reserve Bank of Australia before the end of the year would likely boost the benchmark lending rate, currently at 4.5%, to 5.5% by 3Q2011.
Australia's business confidence stays near four-month high
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Iran CAPA Aviation Summit – hope turns to frustration, but optimism remains as growth abounds
When CAPA – Centre for Aviation held its first conference in Iran at the end of Jan-2016 the atmosphere was primarily one of optimism. Immediately preceding the conference the expectation was that Iran and the West would move to rapidly reverse decades of estrangement. The first round of sanctions against Iran had come down – in line with the historic 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear agreement reached between Iran and the ‘5+1’ powers – and major airlines and aircraft manufacturers were coming to the table.
While it was acknowledged that progress on major deals was not going to happen overnight, the hope was that as layers of sanctions came down, Iran would be embraced by the rest of the world. In return, Iran was expected to open itself up progressively to foreign trade and investment, and to travel.
The road ahead was perceived to be one that was both a very different, and far easier, one than the one Iran had already travelled. Aviation in particular was a sector that was expected to shine and lead the way for a new era for the country.
Sydney to host CAPA Australia Pacific Aviation Summit in 2017
SYDNEY, 4 October, 2016 – CAPA - Centre for Aviation is pleased to announce that Sydney is set to play host to the CAPA Australia Pacific Aviation Summit in 2017, the region’s largest strategic aviation and travel industry event attracting up to 1,000 of the world’s leading industry executives to Sydney.
NSW Minister for Trade, Tourism and Major Events Stuart Ayres said the two-day Summit will provide a forum for strategic discussions on aviation issues across Australia and the Pacific region and showcase Sydney to the world.