The economy doesn’t look as bleak as they make it sound it is, according to Mr. Radwan Hamdan CA of Hamdan & Associates and previous president of the AABC. On 26 October 2022, at The Highline Venue in Little Saigon Plaza in Bankstown, the Australian Arab Business Council held its October dinner meeting which focused on the just-released federal budget.

During his talk, Mr. Hamdan took the AABC guests through an overview of the current Australian economy in comparison with other relevant countries and explained various points in easily understandable layman terms. While the economy is, obviously, not as good as it was before COVID, Mr. Hamdan believes that it is not necessarily as bad as the Treasurer portrays it to be, especially when compared side by side with the economies of the USA, the UK, China, and other trading partners.

After Radwan Hamdan’s speech, he answered a few questions from the floor and then the guests enjoyed a great meal together and lots of networking opportunities. Mr. George Bousamra, the Vice President of the AABC also made sure to introduce and welcome all new members and guests by name and encouraged all members to interact and work with one another.