Who would have thought that by September, Australia would have installed its fifth Prime Minister in as many years. This demonstrates that politics has changed forever.
The real question is what this means for the industry. The answer must lie in the reaction of the general public to the change. Without speculating, it is very pleasing to see a lift in consumer sentiment as a result of Malcolm Turnbull’s appointment as Prime Minister.
Above all else, the industry is affected by changes in consumer sentiment. While other policy changes have a small impact, what really counts is how consumers feel. The better they feel the more they spend in restaurants, cafes and on catering.
Along with the lift in consumer sentiment, there has also already been a re-examination of some of the general policy considerations that Tony Abbott had ruled out. There may be some of these, such as tax and industrial relations, that a Prime Minister free of previous commitments may be able to re-visit.
There is a also a number of new ministers that will inevitably have different views and opinions than their predecessors. In the policy areas in which Restaurant & Catering is most active, there is a new Tourism Minister, Employment Minister, and Training and Skills Minister. While some of the reform processes already commenced will proceed, these ministers will put their stamp on their portfolios.
As they say, the only constant is change. Lets hope it brings good things.
President, Restaurant & Catering