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EVENT OVERVIEW

The demand for business credit continues to be at near historic lows, with outstanding business loans down almost $100bn from pre-GFC levels. At the same time, cash held on corporate balance sheets is sitting at near 40 year highs, as is cash as a percentage of total asset footings.

What are the implications of this trend for business investment, shareholders and the wider economy?

At this important luncheon, CEDA welcomes Joseph Healy, Group Executive Business Banking of National Australia Bank. Joseph will examine the importance of continual business investment, and the potential long-term shareholder and economic costs of under investing.  

Joseph will be joined by acknowledged business enterprise advocate, the Hon Patricia Forsythe, Executive Director of the Sydney Business Chamber. Patricia will provide a commentary on the current credit landscape as experienced by the Chamber's multi-sector members.
 

MEET THE SPEAKERS

Joseph Healy 
Group Executive, Business Banking
National Australia Bank (NAB)

Joseph joined NAB in 2007 and is responsible for the bank's relationships with small, mid-sized and large corporate clients in Australia.

A career international banker, Joseph has worked at Lloyds Bank, Citicorp, CIBC World Markets and ANZ. He is a graduate of the London Business School and is the author of a corporate finance textbook.

Joseph played soccer at youth level for Scotland and is a Board Director of Football Federation Australia.

The Hon Patricia Forsythe 
Executive Director
Sydney Business Chamber

Patricia Forsythe is the Executive Director of the Sydney Business Chamber, a position she has held since September 2006. The focus of the Chamber is enhancing Sydney's competitiveness as a global city.

Patricia represents the Chamber on a number of NSW Government steering committees including Employment Lands Taskforce; NSW 2015 Asian Cup, and the Light Rail Roundtable.

Patricia also represents the Chamber on the City of Sydney Retail Advisory Panel and the Sydney Airport Planning Coordination Forum.

In addition to her role at the Sydney Chamber, Patricia serves on a number of boards in the Government and NFP sector including Destination NSW, the Council of Macquarie University, the Hunter Development Corporation, Business Events Sydney and Cricket NSW. Patricia is also an Honorary Associate of the Graduate School of Government at Sydney University and a member of the Advisory Board of the UTS Business School.

Prior to joining the Chamber, Patricia served as a Member of the NSW Legislative Council from 1991 to 2006.

SUPPORTED BY CEDA MEMBERS

CO-SPONSORSHIP OPPORTUNITIES ARE AVAILABLE. PLEASE CONTACT LEE KELLY ON LEE.KELLY@CEDA.COM.AU OR 02 9779 9741.

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