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Greens call for small business compensation for and by APEC.

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Senator Kerry Nettle Australian Greens Senator for New South Wales

Greens call for small business compensation for and by APEC 4th Sep 07

NSW Greens Senator Kerry Nettle is urging the Government to compensate small

businesses whose trade is affected by the APEC wall dividing Sydney’s CBD.

The NSW Chamber of Business has said a conservative estimate of the cost to business is

$327 million.

“The Prime Minister boasts of APEC's pro-business credentials but has made no move to

compensate the scores of small businesses who have found their turnover has dried up

thanks to the APEC security barriers in Sydney's CBD," Senator Nettle said.

“It's not like compensation is radical. The Australian Government has established a $4

million fund to provide emergency grants to individuals suffering financial difficulty as a

result of the equine influenza outbreak and more than $15 million in emergency

assistance to people affected by the Hunter and Central Coast floods.

“The Federal Government also signed cheques for businesses adversely affected by the

cyclone Larry in the order of a one-off, tax-free grant of either $10 000 or $25 000,

depending on the extent of costs or loss.

"With APEC being little more than the most expensive election campaign launch Australia

has ever seen, the least the Prime Minister could do is compensate small businesses

affected by its suffocating security arrangements,” Senator Nettle said.

The Greens moved an amendment to the APEC Public Holiday Bill 2007 in the last session

of Parliament calling for compensation to business. The amendment was opposed by the


For more information Kristian Bolwell 02 9690 2038 // 0411638320