Peter Switzer

1 week ago | switzer.com.au | Peter Switzer

This is a story that will break your heart. Yeah, right!Apparently, the CEOs of our top companies haven’t seen their pay spike skywards recently but what they still get will shock the average Australian. It will also shock those who have invested their money in companies that have failed, share price-wise. For example, look at Victor Herrero of Lovisa whose total pay packet for a year (wages and other payments) was...wait for it...$39.55 million.

1 week ago | switzer.com.au | Peter Switzer

With a huge election win tucked under its belt, Labor is about to uncover big tax reforms. Does Treasurer Jim Chalmers have the intestinal fortitude to make the reforms that are really needed, like a 15% GST, a reduction in income taxes and a tax system that can compete with the rest of the world? Let’s take a look. Spurred on by an electorate quietly baulking at Donald Trump’s silly tariffs, the Albanese Labor team won a landslide victory.

1 week ago | switzer.com.au | Peter Switzer

To many Australians, the NRL’s State of Origin (SOO) is just a game. To die-hard rugby league fans, the three encounters are more important than test matches against other countries and actually rival grand final day, because it’s not exclusive to two fanatical groups of followers, whose teams luckily have made it to the last game of the season.

1 week ago | switzer.com.au | Peter Switzer

Whether this sale of Santos - announced yesterday - is approved by our Foreign Investment Review Board (FIRB) headed up by Treasurer Jim Chalmers is all speculation at this point. The bottom line is that this deal will only get the thumbs up if it becomes a plus for gas supply and gas bills here in Australia.

1 week ago | switzer.com.au | Peter Switzer

The Reserve Bank is the public institution that can make or break businesses, the wealth dreams of investors along with the hopes and bottom lines of mortgage holders. Our big bank is being dragged out of its century of secrecy, with its new interest rate setting board to reveal how the vote on what happens to what we pay for borrowing money was made. The best-selling book The Secret (written by Aussie Rhonda Byrne) sold over 30 million copies.