Peter Switzer
+ About Peter Switzer

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.

Testimonials

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.

Justine Goss, Strategy Group

The curious case of Benjamin Bernanke

Friday, May 24, 2013

If you’re asking if our 100-point sell-off on the stock market yesterday was an overreaction, I’d have to say “you’re darn tooting it was!” When you added in a confusing message from the US Federal Reserve boss, Ben Bernanke, which wasn’t really confusing, and the slightly disappointing manufacturing indicator from China, you had a recipe for a sell-off. On your mark… So, the logical question is — should we get ready for a big sell-off? The Japanese look like they’re having one with the market down seven per cent in one burst but to put this in perspective, its market is up 80 per cent in an unbelievably short time. I reckon a correction is overdue there. Get ready… The Yanks could be in for one too and if Ben really put the...read the full article ›
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Craig James
Economy Expert
+ About Craig James

Craig James is CommSec’s Chief Economist.

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.

No boom and bust; Consumers more anxious

Thursday, May 23, 2013

Investment in resources has peaked, but no boom/bust on the cards. But consumers are more anxious. What does this mean for interest rates and investors? The Bureau of Resources and Energy Economics (BREE) has estimated that committed investment in resources and energy major projects in Australia eased just 0.3 per cent over the past six months to $267.6 billion at April 2013. The Westpac/Melbourne Institute index of consumer confidence fell by 7 per cent in May. All five components of the index fell in May. The index is only up 2.4 per cent over the year to May. What does this all mean? The Government’s chief resources forecaster, BREE, has confirmed that the first phase of the resources boom – the construction phase – has more than likely peaked. But certainly this is...read the full article ›
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John McGrath
Property Expert
+ About John McGrath

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 “You Don’t Have To Be Born Brilliant” and “You Inc.”. In “The Ultimate Guide to Real Estate”, John shares with the reader his invaluable knowledge on the Australian property market.

www.johnmcgrathblog.com.au

Pros & Cons of high LVR loans

Tuesday, May 21, 2013

You might have noticed that many banks are once again offering 95 per cent LVR (loan-to-valuation ratio) loans, representing a significant change from the early GFC years when banks were seriously strict about how much they would lend and to who. So, what’s changed? Alan Hemmings, our General Manager at McGrath’s Financial Services division, Oxygen Home Loans, tells us it’s all about competition. The marketplace is smaller than it was pre-GFC so banks are increasingly concerned about finding ways to attract more customers. They used to be worried about cost of funding pressures but this has eased off. Remember when the Reserve Bank started cutting rates and the banks didn’t follow suit – or at least, they didn’t cut rates by the same amount and even...read the full article ›
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Shane Oliver
Financial Markets
+ About Shane Oliver

Shane Oliver is head of investment strategy at chief economist at AMP Capital.

The death of “risk on/risk off”?

Friday, May 24, 2013

The last few years has reminded us that investing comes with risk. But while it’s scary and difficult after a long tough period, we also need to recognise that successful investing is ultimately about using opportunities to generate returns. In this regard I am endlessly amazed at the capacity of many to see disaster around the corner of everything. Some commentators having given up on an immediate return to the GFC (the fabled "double dip") are simply now saying that the global economic recovery and rebound in share markets is simply setting us up for the next disaster around the corner. But given markets always go in cycles, this is a bit like saying "I didn't expect the sun to rise today, but it doesn't make any difference because it will only set again this...read the full article ›
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Simon Bond
Shares Expert
+ About Simon Bond

 

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.

Budget comment: Swan song?

Thursday, May 16, 2013

We all know that in a perfect world, income would rise so that we could afford whatever we wanted to spend. However, most of us have learnt that in the real world, we have to reduce our spending to no more than our income. That is how we balance our budget. The Treasurer has told us that incomes did not rise as rapidly as he hoped. He therefore blames incomes for the reason he could not balance his budget. Let us look at perhaps what the rest of us might have thought was the reason for the budget deficit. In Chart 1 below, we see payments of the Australian Government General Government Sector as a percentage of GDP. This is drawn from Table 1, page 10-6 of Budget Paper No.1. In the period of the previous government, payments fall from 25.1 per cent of GDP in 2000/2001 to 23.1 per cent...read the full article ›
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Jason Huljich
Commercial Property Expert
+ About Jason Huljich

Jason is the Chief Executive Officer of Centuria Property Funds and a Director of the ASX listed Centuria Capital Limited.

In his role Jason is responsible for providing strategic leadership and ensuring the effective operation of Centuria’s property portfolio. Centuria Property Funds has over $1.1 billion of assets under management including 50 properties located throughout Australia. Centuria Property Funds is wholly owned subsidiary of Centuria Capital which is an ASX listed diversified funds manager with over $2 billion of assets under management.

He joined Centuria (formerly Century Funds Management Limited) upon its formation in 1999. In July 2006 Century was acquired by the Over Fifty Group and he was appointed General Manager, Property. Jason has been involved in investment property funds in Australia since 1996 and he has developed considerable expertise in investment property selection, fund feasibility and funds management.

Jason is Vice President of the Property Funds Association of Australia (PFA) and sits on the National Executive Committee. PFA is the peak industry body representing the $32 billion direct property investment industry.

Jason holds a Bachelor of Commerce (Commercial Law).

Commercial property continues to provide good upside

Tuesday, April 16, 2013

With residential property markets showing signs of improving as low interest rates and improved consumer sentiment start to kick in, what do the experts think about the outlook for commercial property and where should investors be looking for returns now? Jason Huljich, CEO of Direct Property Funds at Centuria Property Funds, which manages over $1.1 billion in property through 28 unlisted funds, says that there are still good opportunities to be found in many of the major commercial markets. You just need to know how to identify them. Ever since the onset of the GFC there has been general weakness in many of the major commercial office markets.  A lack of local buyers, combined with weaker offshore demand due to the high Australian dollar, kept prices subdued and presented good...read the full article ›
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Sinclair Taylor
SMSF Expert
+ About Sinclair Taylor

Sinclair Taylor is Westpac’s Head of Self Managed Super Funds customer strategy, responsible for leading Westpac's growth in this highly affluent market. He also leads Westpac's Many Rivers microfinance program, providing unsecured micro loans to disadvantaged Australians wishing to start an enterprise.

With a background in law and banking, Sinclair has been a Senior Relationship Manager in Westpac's Commercial Bank and Corporate Business Group, managing a range of business customers, and has spent time working in Westpac's in-house legal team. Prior to joining Westpac, Sinclair ran a successful entrepreneurial SME business.

From cash to shares

Thursday, May 09, 2013

Westpac’s annual SMSF research study indicates that billions of dollars in self managed super fund value is set to move in new directions over the next 12 months. Some of the most fascinating aspects of turbulent economic times are the measurable, regularly changing patterns in investor sentiment. The Westpac Self Managed Superannuation Report has tracked such sentiment over the last couple of years and the most recent study indicates a strong shift away from the perceived safety of cash, towards Australian shares. The vast majority of self managed super fund (SMSF) members hold cash in their funds and it’s not just a minimal value. The average asset allocation to cash over the last 12 months accounted for 27 per cent of the fund’s value. But as the RBA cash rate has...read the full article ›
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Michael Witts
Financial Markets
+ About Michael Witts

RBA cuts cash rate to stimulate broader economy

Tuesday, May 07, 2013

What were the main reasons behind the RBA rate decision today? The RBA cut the cash rate by 25 basis points today. The Bank cited the need to stimulate the broader economy as the level of resource related investment starts to wane. Although the past rate cuts were still working through the economy, the RBA stated that the inflation environment afforded scope for further stimulus to be added. Can the RBA afford to cut rates (further) to get the Australian economy going? The RBA does have the capacity to further reduce rates, and the shape of the forthcoming Federal Budget will play a critical role in determining the extent, if any, and timing of further RBA moves.   What effect would a rate cut/further rate cuts have on the high Australian dollar? Immediately following the RBA...read the full article ›
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Heidi Armstrong
Lending Expert
+ About Heidi Armstrong

Heidi Armstrong is the co-founder and Director of Operations for State Custodians Mortgage Company. Since founding the Company in 2006, State Custodians has grown to become one of Australia’s most respected non-bank lenders. Heidi holds a Law Degree, a Bachelor of Science and a Diploma of Finance and Mortgage Broking Management. An expert in credit policy and the mortgage industry, Heidi is passionate about sharing her invaluable knowledge to educate borrowers.

Widely recognised and respected by industry peers, Heidi was a finalist in the 2012 Australian Lending Awards for the Best Thought Leader. Moreover her Company, State Custodians, has received numerous awards. For six years running State Custodians has maintained a ‘5 Star’ CANSTAR rating on four of its main loans and most recently was awarded the 2012 Mortgage of the Year by Your Mortgage Magazine. The Company also won “Non-Bank Lender of the Year” in 2011 and 2012 by both Money Magazine and Your Mortgage Magazine.

Self-managed super funds and the property market

Thursday, February 07, 2013

Who should use a self-managed super fund? The popularity of self-managed super funds (SMSF) is growing rapidly in Australia. There are many reasons for this. With a SMSF you have more control of your super, there are a wider number of investment options and you can even borrow additional funds to purchase certain assets such as property. Managing your own super can be incredibly rewarding, but it is important to remember that it requires time, money and skill. You need to ensure that you have enough money in your fund to cover the initial expense of the SMSF set-up. If you are planning to purchase a property within your SMSF you need to have enough super savings to provide for a reasonable initial deposit. Investing in property with a self-managed super fund One reason that many people...read the full article ›
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Private Eye

Is there no other store like David Jones?

Monday, May 06, 2013

Peter Switzer talks to former radio news hound David White (aka The Mighty Whitey) about DJs and Myer. So Whitey is there still no other store like David Jones? Well Switz I preface this with the words “one man survey” but I entered retail therapy last week, shopping at David Jones, Chatswood Chase and I found the slogan delivers. Shop floor staff were courteous, helpful without constantly hovering, knew their product lines and unlike their direct retail competition, Myer, were there when you needed them.  On the other hand, shopping at Myer Macquarie Centre is a very lonely experience for customers and I imagine staff as well. What shop assistants there are, try their best but numbers appear to be cut to the bone. One example was the cosmetics section, Couple of weeks...read the full article ›
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