6 THE 2024 BRISBANE Water Oyster Festival has been hailed a huge success following a record turnout of over 20,000 people at Lions Park Reserve on Sunday in early November. “We were once again amazed at the huge level of community support for this iconic event”, said Peninsula Chamber of Commerce President Matthew Wales. “Even after 24 years, they came in their thousands to experience the fun and entertainment including our famous Sydney Rock oyster,” he said. Over 4,000 dozen oysters were consumed all being supplied by Whittens Organic Oysters, Hawkesbury River Oyster Shed, Davo’s Seafoods and Westray. No Oyster Festival would be complete without the famous “How Many Oysters Can You Eat in 30 Seconds” which drew a big loyal crowd. The record this year was 25 oysters. “This amazing event would not have been possible without our wonderful naming sponsor, Deepwater Plaza and major sponsors Bruce Kerr Pty Limited, MARS Group, Central Coast Council, Six Strings Brewery and Triple M Radio,” said Mr Wales. “Our community is truly fortunate to have some wonderful outdoor venues such as Lions Park that are able to cater for big events like the Brisbane Water Oyster Festival and full credit to Central Coast Council for sprucing up the reserve prior to the event and showcasing our wonderful foreshores and waterways.” “I think everyone was impressed with the venue and the first-class entertainBUSINESS NEWS Brisbane Water Oyster Festival huge success T: 4382 8600 Call us to book your function Acclaimed Chief Economist and Head of Investment Strategy at AMP Investments, Dr Shane Oliver was Guest Speaker at the Peninsula Chamber of Commerce November members’ breakfast meeting. One of Australia’s pre-eminent economists with insights in economic and investment cycles, Dr Oliver discussed the recent US election and interest rate drops in the US then discussed the flow on effects to the Australian domestic economy. He specifically touched on the economic stability that he believes the US election result should bring and the strengthening in the share market in particular. He then discussed the strength of the current Australian economy and touched on inflation levels, potential interest rate decreases following forecasted drops in the cash rate by the Australian Reserve Bank in calendar 2025 etc He ran through employment figures, the housing market Australia wide and gave those present an informative summary of both the global and domestic economy and forecasts. Dr Oliver has a long association with the Peninsula dating back several decades as he had relatives living in the area and used to holiday on the Central Coast during his childhood. He was invited to speak by longstanding Chamber member and local Financial Planning and Mortgage Broking business Country Wide Wealth who are based in Ettalong. “How Many Oysters Can You Eat in 30 Seconds” competition, a highlight of the Brisbane Water Oyster Festival ment provided by Jenifer Green from G’Day Hollywood Productions with Freddy Aguilera & the Ipanema Latin Band and Belinda Adams and the Soul Traders live on stage”, he said. Peninsula Chamber members get a picture of the economy AMP Investments Chief Economist Dr Shane Oliver addresses members of the Peninsula Chamber of Commerce CENTRAL COAST BUSINESS REVIEW DECEMBER 2024
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