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 The stock market is likely to be buffeted around by the Ukraine, economic data from the USA to China (which had some weaker readings over the weekend) and some important economic stats out here as well. But the big story for any Aussie in debt or anyone praying for better term deposits rates was the spectre of a four per cent rise in interest rates! And this was not speculation by an out-of-ideas journalist looking for a headline story. No, this came from the mouth of the Reserve Bank (RBA) Governor, Glenn Stevens. The Weekend Australian noted the importance of Glenn’s utterings at a House of Reps Economics Committee get together last week in Canberra, and the newspaper did have it on the front page, but they did not create the scare headlines I think this...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 McGrathIn the current hot Sydney market, more vendors are choosing to sell via auction to take full advantage of today’s exceptionally strong demand. Figures reported early in February show a 40% jump in auction listings compared to the same time last year*. Most Australians are intimidated by the auction process and it’s easy to understand why. But if you avoid auctions, you’re going to miss a lot of good buying opportunities because it’s usually the best properties that are offered for sale via auction. I have long advocated the auction process as the fairest and most transparent way to buy property. Many buyers don’t see it this way – they perceive them as stressful events that lead to spur-of-the-moment emotionally-charged decisions....read the full article
by Janine PerrettHow about that Australian Financial Review scoop yesterday? (The one that all other media organisations followed - including those whose main effort these days is criticising other media organisations like Fairfax who actually break real stories. But I digress).The AFR investigation revealed a decade of documents showing how multinational tech giant Apple shifted an estimated $9 billion in sales to Ireland to avoid paying extra tax here in Australia. The fact it is legal doesn't make it right.In fact, it shouldn't really shock anyone as this is exactly what was warned about at the recent G20 meeting in Sydney. That much-hailed victory for Joe Hockey.At the time, you'll recall I said all the self congratulations over a communique on meaningless growth targets hid the...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 LongThere are some major changes brewing that pleasantly are likely to improve the superannuation system as a whole. These changes are known as SuperStream and will impact on SMSFs and all APRA regulated super funds. By way of background - SuperStream is a government initiative and package of measures designed to bring the back office of superannuation into the 21st century. Its key components are the increased use of technology, uniform data standards, use of the tax file number as a key identifier and the straight through processing of superannuation transactions. Put simply, superannuation is going paperless. From 1 July 2014Employers that have in excess of 19 staff will be required to automate the superannuation payment process with employee providers. This is a relatively...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 James In the last financial year, 2012/13, the Foreign Investment Review Board approved investment proposals totalling $135.7 billion, down 20.6 per cent or $35.1 billion on 2011/12, which in turn was 7.9 per cent or $14.7 billion down on the previous year.Interestingly the FIRB considered 13,322 applications for investment in 2012/13, up from 11,420 the previous year with 12,731 applications approved (decided). Of the 12,731 applications decided, 12,025 were in the real estate sector at a total of $51.91 billion, down from $59.1 billion the previous year. Next highest sector by value was Mineral exploration & development ($45.14 billion) and Services (notably Communications) ($25.91 billion). Approved investment in Agriculture totalled just $2.86 billion.Of the $51.91...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 BatesDismissing an employee can be one of the hardest things we ever have to do as employers. While paying bills, keeping clients happy and monitoring cashflow can all be hard work, nothing comes close to the stress, anxiety and other emotions that arise when it’s time to let someone go.Often though, the fear of firing is so great that we allow things to slide for too long. We hope things might improve on their own, or that the employee in question might even decide to move on before we have to show them the door. But putting off the hard decisions rarely helps anyone, including the employee, their co-workers, or your business. So here are the some key things to keep in mind if you do need to bid someone farewell:1. Consider all the possible claimsBefore you confirm a...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 HuljichAccording to a recent statement issued by the Reserve Bank of Australia (RBA), as at June 2013 approximately 15% of the $500 billion SMSFs sector was invested in direct property. In fact, the RBA makes the comment that for a number of investors, the sole purpose of setting up an SMSF is to invest in property. This trend shows no sign of abating in the near future, and there is no question that a defensive growth asset, like property, plays an important role in a diversified investment portfolio, including for an SMSF. But is it better for an SMSF to invest directly into property, or for the investment to take a different form, like an unlisted property trust, for example? Jason Huljich, CEO of Centuria Funds property looks at the similarities and differences. At...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 JowellRecently there has been a lot of commentary about job losses and prospective job losses. From SPC Ardmona to Holden and now Qantas, the very real prospect of unemployment looms large for many.The industry commentators, government and others have proclaimed that we need to become a more innovative economy. And while I could not agree more, that’s generally as insightful as saying, “We have a problem, what we really need now is a solution”.The real question is, “what kind of innovation do we require?” Because when we know the brief, the answers become so much clearer to find. And the parameters of that brief are really staring right at us - we need to predict what resources we will have a surplus of, and find a way to capitalise on...read the full article
by Ross WalkerThere have been recent rumblings from certain sectors in the Government and the expected scare mongering from the shaky opposition about changes in Medicare. I was on the Today Show the weekend before last with the excellent AMA President, Dr Steve Hambleton, discussing this very subject. To quote from a recent article on Medicare in news.com.au, Mr Abbott said “I want this Government to be the best friend that Medicare has ever had”. Despite the Prime Minister previously stating that nothing is being considered, nothing has been proposed, nothing is planned on GP co-payments, Mr Dutton the Health Minister said “a national conversation was needed on how to pay for rising health costs”. Mr Dutton said “many Australians already made a...read the full article
by Malcolm MackerrasAs I have indicated in past articles for this website, when it comes to commenting on election results I prefer to KNOW the result before commenting. This taste of mine applies most recently to the Griffith by-election held on Saturday February 8. At the September general election last year the result after preference distribution was 45,805 votes (53 per cent) for Labor’s Kevin Rudd and 40,604 votes (47 per cent) for Bill Glasson, the candidate standing for the Liberal National Party. That represented a swing of 5.4 per cent against Rudd. The final by-election result after preference distribution is 40,049 votes (51.7 per cent) for Labor’s Terri Butler and 37,340 votes (48.3 per cent) for Glasson. In other words there was a further swing of 1.3...read the full article
by Shane Oliver While headline news regarding the economy has been bleak, December quarter GDP showed the economy is not collapsing and lower interest rates & the lower $A do seem to be boosting forward indicators for the economy. As a result growth should pick up to around 3% by year end which should help profit growth continue to improve. Improving growth but from a soft base is likely to see interest rates remain on hold for an extended period. IntroductionFebruary seemed full of bad news in Australia with layoffs coming from various companies including Toyota, Alcoa and Qantas, unemployment rising to 6% and very poor business investment intentions. And yet, the share market rose 4.2% last month and has had two good years and December quarter GDP growth even perked up a bit. So...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 BondWith the bank cash at call rate sitting at 2.5% and the 10 Year Bond rate at just over 4% the hunt for sustainable income returns has intensified. One of the best ways to enhance the yields available on quality shares is to Buy companies that pay fully franked dividends just before they go what is known as “ex dividend”. This means that you the investor are entitled to the upcoming dividend payment.This increases the income yield as a percentage significantly if you stay invested for at least 13 months, in many cases the stock price will “hold” it’s dividend in a market that is rising at the time.By way of example there are many quality companies that have recently reported their profits that have dividend payments coming up.Take Blackmores Ltd...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 were the reasons behind today's rate decision? The RBA kept rates unchanged at its meeting today. The RBA appears reasonably comfortable with the current state of the Australian economy and importantly in the likely future direction of the economy. The bank commented that monetary policy is appropriately configured to foster sustainable growth in demand and an inflation outcome consistent with the target.What is the RBA's reading on the Australian economy?As noted the RBA is happy with the domestic economy, in particular they note consumer spending is increasing and there is considerable momentum in the housing sector, which has built up following the flow on effects of past interest rate cuts and the generally low level of interest rates. The...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 ChanTechnically speaking – yes. Let’s look at the technical chart on the S&P 500 Chart 1: S&P500 1 year chart Source: IRESS The rally in the S&P 500 has lost momentum over the past few weeks and on Saturday 1 February the price fell below the support of 1,815 points (and closed at 1,790 points). A bearish divergence between the price and the RSI indicator has formed, suggesting a further breather is possible. The US stock market was sold down not because of China PMI, Argentina Peso, Turkey Lira etc but a typical “Bull Market Correction”. Back in December, the US was at a moderately expensive territory which became more overbought after the Christmas Rally. What we are seeing now is a breather that has taken us back to a more reasonable...read the full article
After completing a Bachelor of Science in Applied Mathematics and Statistics from the University of NSW in 1994 Jim began his financial markets career as an FX Trader in the Foreign Exchange department of the Bankers Trust Australia investment bank. His in depth understanding of FX markets and its drivers, coupled with subsequent experience as an educator, have made him a highly sought after commentator for businesses and individuals interested in currency markets.
With around 20 years’ experience in financial markets he is currently employed with OzForex as Chief Currency & Payment Strategist for the Asia Pacific region and is a highly sought after commentator on currency related issues. He regularly appears on Sky Business and ABC television and on an ad hoc basis on CNBC, Bloomberg and Reuters in addition to radio, leading newspapers and magazines across Asia Pacific.
Having held several key positions within the OzForex group since 2004 Jim has helped thousands of businesses and individuals seeking to manage all aspects of their foreign currency needs. He is passionate about ensuring all people, no matter what their level of experience, have access to unbiased information they can understand.
By Jim VrondasThe combination of a lower Aussie dollar and higher US equity markets has seen some sensational returns on international shares over the last 12 months. When you compare the 20% rise in the S&P500 index to a 4.15% in the S&P ASX 200 then it’s no wonder those funds heavily invested in offshore equities are outperforming. The returns look even better at around 35% when you consider a further 15% boost, if unhedged as most of them are, from a lower currency over the same period. These very impressive returns may be tempting many to cash in after several years of underperformance or simply switch the focus of their investment portfolios to a more domestically focused one.Depending on where you are in the investment cycle the impact of the lower Aussie dollar will...read the full article
Nick Raphaely has 15 years of investment banking and funds management experience in the UK and Australia, and is pioneering personal asset lending in Australia as co-founder of Assetline.
Nick began his career at Merrill Lynch International, providing corporate finance and investment banking services to corporate clients. He later co-founded the Ashton Group, a privately owned investment management group focused on alternative investment with offices in Sydney and London.
Nick holds a MA (law) from Cambridge University and a Bachelor of Business Science Degree (1st Class Honours with Distinction in Economics) from the University of Cape Town. In addition, Nick has participated in an executive education program at the Wharton Business School of the University of Pennsylvania.
By Nick RaphaelyWhen we talk about alternative assets, the first thought is usually hedge funds, managed futures funds or other financial products to diversify a conventional portfolio. But other alternative asset classes seeing a rise amid volatile markets are physical assets: from gold bullion to collectibles.Objects of desireSo strong is the worldwide growth in these alternative assets that UK financial institution Coutts recently started an "Objects of Desire" index. Coutts’ research has found that what it terms "passion assets" have risen 77% since 2005, outperforming the broader equity markets. Classic cars have returned the most, rising by 257%. Classic watches are up 176%. Jewels returned 146%, while China’s growing wealth resulted in booming demand for traditional...read the full article