Peter Switzer is one of Australia’s leading business and financial commentators, launching his own business 20 years ago. The Switzer Group has since grown into three successful companies spanning media and publishing, financial services and business coaching.
Peter is an award-winning broadcaster, twice runner-up for the Best Current Affairs Commentator award for radio, behind broadcaster Alan Jones. A former lecturer in economics at the University of NSW, Peter is currently:
weekly columnist for Yahoo!7 Finance
a regular contributor to The Australian newspaper and ABC radio
host of his own TV show, Switzer and Grow Your Business, on SKY News Business
regular host of the Super Show on 2GB radio.
Dear Peter, What fun! You are really very good at what you do. I appreciated our time together and wish you continued success in all you do. Have fun (I know you will).
Jack Welch, former CEO, GE, and ‘Manager of the Century’ (Fortune magazine)
Peter, It was great to have worked with you – you really made the event come alive. I hope you enjoyed yourself. I know Steve Ballmer [CEO, Microsoft Corporation] did.
John Galligan, Director of Corporate Affairs & Citizenship, Microsoft Australia
Here’s a home truth, my only real education – or teacher who I actually ever listen to – is your interviews on Qantas. So thank you with sincere respect.
Sean Ashby, Co-Founder, AussieBum
Peter did a wonderful job on the night; keeping the program moving, working around changes to the run sheet, and ensuring each award recipient, and our sponsors, were made to feel welcome and important. The feedback received from those attending has all been extremely positive.
Peter Mace, General Manager NSW, Australian Institute of Export
Peter, We would like to congratulate you for performing your master of ceremonies role in such a professional, entertaining and informative manner. We were impressed by your ability to tease out each winner’s story so that the audience gained maximum benefit from their collective business experiences.
Greg Evans and Nicolle Flint, Directors, Australian Chamber of Commerce and Industry
Hi Peter, I listened to you speak this morning and thought you were amazing. I am an accountant and in risk management and have never thought about doing a SWOT on myself – thanks for the tip!
Serife Ibrahim, Stockland Corporation Ltd
Dear Peter, Thank you for your valuable contribution to this year’s forum. Ninety-two per cent of delegates rated your presentation highly, commenting on its useful and topical content.
Catherine Batch, Head of Marketing and Communications, Indue
Peter has facilitated our CEO and CFO symposiums over the last three years. A true professional, he takes away the stresses of hosting and organising an event.
by Peter Switzer One thing is totally clear — the Yanks are fatigued after buying enough stocks this year to drive up the S&P 500 by 26 per cent, taking it to all-time highs. However, no one really wants to sell right now and so down days simply aren’t very significant. It’s a case that more people right now want to be in stocks than not but they are a little worried about what tapering of QE3 might mean. And by the way, there are more experts who believe that the Federal Reserve will opt to start the process next week after the December 16-17 meet of the Federal Open Market Committee that decides monetary policy in the USA. Inflation important I think they will wait until next year, which will be good for stocks and it could be inflation that might decide the...read the full article
John McGrath is considered one of the most influential figures in the Australian property industry. As Chief Executive of McGrath Estate Agents, he took the company from a start-up in 1988 to one of Australia's most successful residential real estate groups, selling $5.7 billion in residential property in Sydney in FY11.
A total solution company, McGrath Estate Agents currently has offices located throughout Sydney, the Central and North Coasts, Southern Highlands, the Blue Mountains, Wollongong, Gungahlin (ACT) and the Gold Coast (QLD), as part of its growing franchise network.
In October 2008, he was honoured by the Real Estate Institute of NSW with the Woodrow Weight OBE Award, a lifetime achievement award for his outstanding contribution to the real estate industry.
John himself has become a spokesperson for the industry both in Australia and internationally. John has five books that have reached bestseller status including âYou Donât Have To Be Born Brilliantâ and âYou Inc.â. In âThe Ultimate Guide to Real Estateâ, John shares with the reader his invaluable knowledge on the Australian property market.
by John McGrathIt’s been a long time coming but Sydney and Brisbane are both showing great signs of recovery.In other markets this year, Perth and Melbourne have done well with steady growth in 2013, Adelaide has remained subdued and Canberra is still dealing with the inherent challenges of a change in government. At the end of the day, the big action is in Sydney. There’s been some debate as to whether Sydney’s boom will continue in 2014 given predictions that unemployment might rise a bit further, the mining investment boom will continue to slow and several industries could remain stifled as long as the dollar remains uncomfortably high. I remain optimistic. Low interest rates are really powering the real estate market now and there are still many buyers and sellers...read the full article
by Janine PerrettThere is so much in the - "well it's hardly surprising really is it? Tell me something I wasn't expecting" - category.Let's start with Qantas and that share price hitting new lows. Well done CEO Alan Joyce in continuing to trash the brand and drive the share price down which will attract the spivvy corporate raiders who tried to get their grubby little hands on it last time.Not his fault of course. Meanwhile in other "struggling business seeks government bailout" departments, the Holden boss appears before parliament and declines to admit Detroit has already made the decision to pull out of Australia. Damn we must all be wrong; all those media leaks, pollie briefings and the like. Though let's be frank, it looks like no matter how much money we throw at them it will be...read the full article
Olivia Long is a Founder and Executive Director of Xpress Super. She is currently the Chief Executive Officer for SuperGuardian Pty Ltd, Xpress Super and PortfolioGuardian. She has had more than 16 years of experience in the Financial Services Industry predominantly in management roles and joined SuperGuardian in 2004. She studied a Bachelor of Communication (Marketing) and various courses with the Financial Services Institute of Australia. She is an active member of SPAA - The SMSF Professionals' Association Australia, a member of the Australian Institute of Company Directors and has over 9 years experience in self-managed superannuation.
by Olivia LongAll self-managed superannuation funds (SMSFs) need to qualify as an Australian Superannuation Fund in order to comply with legislation and obtain concessional tax treatment. The SMSF residency rules explained here, could pose a problem when fund members accept job opportunities off-shore, or depart the country for an extended period of time. All SMSFs need to satisfy the ‘residency test’. If an SMSF becomes a non-resident fund, the tax concessions will be lost and the market value of the fund assets will be deemed as part of the income of the fund and taxed at the highest marginal rate.Residency TestsLegislation provides three tests to assess the residency of the fund. The tests are ‘conducted’ each year – and each year the answer to each of...read the full article
He became chief economist of Colonial Group in September 1987, before becoming chief economist at CommSec in August 2000 with the Commonwealth takeover of Colonial.
CommSec economic reports are a bit different in that they devise tools such as the ‘Mums and Dads’ share index and the iPod index, and undertake research on the weather and demographic changes to show how they affect the economy.
Craig currently does around 2-3 regular TV crosses a day, ad hoc radio and newspaper interviews and writes regular commentaries as well as presenting to staff, clients and external organisations.
by Craig JamesWithout a quick check of the data, the average investor probably assumes that US government finances are in bad shape. But while we could hardly characterise the US budget as being in ‘good' shape, it is clear that the government has worked hard over the past two years despite – or is that because of – the efforts of US politicians.Before the global financial crisis broke, the annual budget deficit stood at just US$145 billion in April 2007 or around 1 per cent of GDP.However to highlight what can go wrong when the economy goes into recession and revenues dry up, by February 2010 the annualised deficit had hit a record $1477 billion or just over 10 per cent of GDP.There was little progress over the following year and again only modest progress to August...read the full article
David is the Managing Director of Workforce Guardian where he provides a wide range of strategic, practical and plain-English advice to Australian business owners and operators. He is deeply committed to assisting employers and is a passionate advocate of competition and free-enterprise.
David gained his BA (Government) from the University of Queensland in 1998 before going on to complete a Law degree, with Honours, in 2001. He began his career working for a large, blue-collar union before moving to Canada and then the United Kingdom where he was employed by both the Commission for Racial Equality and the UK Equality and Human Rights Commission.
David routinely represents employers in Fair Work-related proceedings and can assist with every aspect of employment relations compliance. David is also an accomplished and highly sought-after public speaker who facilitates dynamic, informative and highly interactive workshops on all aspects of industrial relations best-practice.
He is proud to lead a highly-qualified team of ER, HR and Technical professionals at Australia’s leading, online employment relations service.
by David BatesAs employers, we often feel that we’re ‘going it alone’. We’re the ones dealing with the BAS, filling in the WorkCover insurance renewal forms at 3am, resolving customer issues, monitoring cashflow, ordering supplies, getting the bills paid and taking all the risks….phew!I often hear from clients that they wish their employees had a better understanding of what they deal with and would offer them more support. But when I then ask how often they explain their challenges to employees and actively seek their assistance, the answer is often ‘never’. So this week I present my four point plan for helping your employees help you:1. Mentor Some of the more junior people working in your business right now are tomorrow’s potential...read the full article
Mr. Jason C. Huljich, B.Comm serves as the Chief Executive Officer of Direct Property Funds at Centuria Capital Limited. Mr. Huljich has been the Chief Executive Officer of Direct Property Funds at Centuria Property Funds Limited since 2006. He is also the Head of Property at OFM Investment Group. Mr. Huljich has been involved in investment property syndication in Australia since 1996. Mr. Huljich has been an Executive Director of Centuria Capital Limited. since November 2007. He holds a Bachelor of Commerce from the University of Auckland.
by Jason Huljich“Melbourne is a sad, obscure backwater of no international relevance, whereas Sydney is a place of sun and beaches.” On the other hand, “sun and beauty rarely coexist with intelligence, and Melbourne is considerably smarter.” These comments, made in the Sydney Morning Herald, sum up the kind of rivalry that has long existed between Australia’s two major cities. But when it comes to property markets, and commercial property markets in particular, is one market a better bet for investors?Jason Huljich, CEO of Centuria Property Funds, talks Sydney and Melbourne, the defining features of both, and whether investors should set their sights firmly north or south.With recent research from Savills Australia suggesting that trusts and...read the full article
Colin began his career as a business analyst for McKinsey Inc.
Since then, he has been in leading marketing roles in both digital media and hospitality, but has spent most of his career working for M&C Saatchi. He helped them start up their first South African and Malaysian offices before moving to Australia where he became Head of Strategy.
In April, he founded UDKU with two partners. UDKU helps clients solve business problems reach their full potential using a combination of strategy, innovation and communication.
by Colin JowellI’m not going to bore you with the details of my latest debacle in trying to purchase a home appliance. Suffice to say that it involves three days of house arrest waiting for delivery, and three compensatory Christmas turkeys.The reason why I won’t bore you is because the details are irrelevant - EVERYONE has one of those stories. And the central point in all of those stories is a point at which the person with whom you did the transaction says, “I’m sorry, but they don’t work for us”. Whether it’s delivery people, call centre operators, tradies or installers, almost every business seems to, at some point, give away a part of the customer’s journey. When things go wrong, that customer can be deprived of the product or...read the full article
by Ross WalkerAustralians love to gamble. From betting in your local footy tipping competition, buying a Lotto ticket, blowing a few dollars on the horses or the pokies, gambling is part of normal life for many of us.It’s almost considered un-Australian not to bet on the Melbourne Cup or play 2-up on Anzac Day. So, what’s the problem? The problem is there are some people who don’t know when to stop and to be very frank – can’t stop. This small but alarming group of people are the gambling addicts. There are many different types of addictions in modern society, some legal, some illegal, but none of them acceptable and all have the potential to destroy your life.So, how do addictions come about? You may be surprised to hear that addictions are, strangely,...read the full article
by Malcolm MackerrasIn The Sydney Morning Herald for Tuesday November 5 on page 19 (the opinion page) there appeared an article by George Williams titled WA Senate debacle highlights need to consider electronic voting for next poll. Williams is the Anthony Mason Professor of Law at the University of New South Wales. The opening paragraph reads as follows: “The 2013 federal election has been a disaster for the electoral process. The loss of 1375 WA Senate votes was the final straw. It came after 1000 votes were misplaced in the seat of Indi, voters had to be supplied with a magnifying glass to read their Senate ballot paper, unheard-of candidates were elected to the Senate and Clive Palmer launched a series of relentless attacks on the Australian Electoral...read the full article
by Shane OliverKey points2013 has turned out to be another good year for investors as various threats faded and the global economy remained in a cyclical “sweet spot” of improving growth, low inflation and low interest rates. This resulted in solid overall returns.2014 is likely to see improving growth globally and in Australia and with inflation and interest rates remaining low this should provide a positive backdrop for growth assets even as bond yields gradually continue to drift higher. However, with shares no longer dirt cheap and dependent on rising earnings, volatility is likely to be a bit higher and returns a bit more constrained.The main risk to keep an eye on is a sharp sell in bond yields perhaps on Fed tapering or much stronger growth.2013 – another good...read the full article
Simon is 48 years of age and has been in the Investment world almost all his life.
Simon is a Partner at the Newport Office of ABN AMRO Morgans Australia, after having spent almost 2 decades learning his trade in the heart of Stockbroking in Collins Street Melbourne at various firms.
Simon is fanatical about the way that technology and the Internet is altering the Investment landscape around the globe and focuses much of his outlook on how these profound changes will affect the outcomes and futures of investors everywhere.
by Simon BondLast week I picked up a new book to read titled "The everything store" by Brad Stone, all about Amazon.com. I started reading it and put it down when I read the very last page, in a word what I read is "frightening", that is for existing businesses and their old antiquated business models. There is a term in the book called "being Amazoned" which refers to what happens to an existing player's market when Amazon enters the game.Recently Amazon has gone into the cloud computing market and the disruption they are causing for many existing players promises to alter the game for companies such as HP, IBM and others.Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn’t content with being a bookseller. He wanted Amazon...read the full article
by Sinclair TaylorIf you’re a business owner with an SMSF, you may have heard of the idea of your fund borrowing money to buy the commercial property you already own. It’s not as crazy as it sounds, and it’s legal! Despite much of the recent media focus being on SMSF’s investing in residential property, the actual fact is that the dollar value of SMSF investments into commercial property is three times higher. This huge disparity is largely driven by superannuation rules that permit related party transactions to occur with ‘business real property’, more so than investor belief that commercial property is a better longer term investment than residential property. Still reading? Good, because having your SMSF purchase a commercial property that...read the full article
by Michael WittsWhat are the reasons behind today's rate decision?The RBA left the cash rate unchanged at its meeting today, as fundamentally nothing significantly has changed from last month. Indeed this is best reflected in the statements from the last two meetings, a maximum of 10 words have been changed between the two statements and the underlying message is exactly the same.Past rate cuts are working through the economy, and the Bank is happy with this progress, however, the Bank would like to see the AUD lower in value.What is the RBA's reading on the Australian economy?The RBA is reasonably comfortable with the progress the economy is making towards a path of balanced growth as the dynamic shifts away from resources related sectors. Consumer spending and demand for finance is...read the full article
Raymond joined RBS Morgans in 2003 and established the Asian Desk in 2005. As the #1 revenue adviser in Sydney office, Raymond accepted the challenge to set up the Macquarie Street office in 2011, providing strategic advice and managing portfolio for high net worth individuals and institutions. Prior to the current position, he worked with Merrill Lynch and HSBC Securities.
Raymond is often invited to provide commentary for Australian leading media such as Sky News Business Channel, Australian Financial Review, SBS TV, SBS Radio, Sydney Morning Herald, The Age, Sunday Telegraph, Herald Sun, The Australian, TVB Jade, 2CR Radio Network and CRI Beijing
Raymond’s successes include:
* Advisory role to a Sovereign Fund, based in Southern China
* A$140 million share portfolio for a Singapore family
* A$100 million asset allocation Advice for Australian shares and properties for a major property developer in Hong Kong
* Share Portfolio Management to a resort island owner in Malaysia and Hordern Properties Group in Sydney.
Mr Chan is a JP, qualified Certified Practising Accountant (CPA) and Certified Financial Planner (CFP), CPA Financial Planning Specialist (FPS). Mr. Chan holds a master degree in commerce (funds management) with distinction average and bachelor degree in accounting and finance from the University of New South Wales.
by Raymond ChanASX 200 finished +1.2% at 5,386 points and reached another 5 year high on the back of: No Tapering: Global equity market rallied on consensus that US Federal Reserve won’t begin tapering until at least March 2014. US Earning Upgrades: After only 2nd week of US reporting seasons, our Strategist Michael Knox already suggested the US EPS (earning per share) has accelerated in last quarter which will lead to further earning upgrades. Retail Fund Inflow: Goldman Sachs reported that US retail equity inflow reached 10 year high at US$6.04 billion. Aussie AGM seasons: most companies provided us with positive outlook commentary Over next two weeks, all eyes will be on Bank Reporting Seasons:Here are the timetable for Bank Reporting Seasons: ANZ (FY result on Tuesday), NAB...read the full article