new south wales

our favourite spot, the Theatre Bar at the end of the Wharf in the Rocks for a relaxed dinner. Let us know if you would like to be a part of the team – we are always happy to include additional councillors.

NSW Economic Breakfast

23 February 2023

The annual NSW AICM Economic Breakfast was another successful event. It was held at SMC Conference and Function Centre in Goulburn Street, Sydney CBD.

After a brief introduction by our President Nick Pilavidis, and a 25-year AICM anniversary award to Fabian Sommariva, our keynote speaker Blair Chapman, Associate Director in the Deloitte Access Economics practice in Sydney presented. As an expert in macroeconomic policy and labour markets, his insights were particularly related to the credit industry. There was a lot of discussion around current rising interest rates and the crisis around housing supply. Insights included the large delay in time for rents to increase after CPI increases which are now coming through. The productivity of the economy was also covered, and with recent advances such as chat GPT the benefits of AI in productivity are becoming clearer.

The wide-ranging discussion also covered China, NZ, Covid and of course insolvencies. We left feeling more informed of the risks we face. It was empowering information that can only assist us manage credit risk and cash flow in our own organisations.

All attendees including some new members enjoyed the experience. We look forward to next year.

NSW Risk Seminar

23 March 2023

The NSW Risk Seminar for 2023 included many new faces, first-time AICM attendee’s and nonmembers that together made up a third of our attendance. What brought the delegates together was the fantastic insights and idea’s the attendees and panel shared. It was held at Rydges World Square, Sydney CBD.

Our chair and panels included James Smith MICM CCE and MC, Nick Pilavidis FICM CCE, Bruce Gleeson MICM, Hannah Griffiths, Theresa Brown MICM CCE, Rhys Buzza MICM CCE, Grant Morris LICM CCE, Andrew Spring MICM CCE and Simon Holloway MICM CCE.

This year’s Seminar included a Credit networking Forum, a segment for the Risk Outlook, a Legal and Insolvency Update with Bruce Gleeson and Hannah Griffiths as our panellists, and the always popular Credit Manager Panel with Rhys Buzza, Grant Morris, Andrew Spring and Simon Holloway as our panellists. The day also included lunches, canapes and informal networking sessions where delegates get to meet one another and catch-up with old friends and colleagues.

Memorable themes were how we are dealing with the COVID Hangover, and something that was new to many delegates was the creditor defeating disposition. Discussion around this was engaging and beneficial we learn from each other’s experiences to lift the knowledge base of the credit profession.

We look forward to another action-packed seminar next year.