Now we could face a spike in many product prices because of shipping troubles in the Red Sea and Asia that will force up costs and inflation!
Peter Switzer launched his own financial business 30 years ago. The Switzer Group has since grown into three successful companies spanning media and publishing that creates written content as well as video and films, with its latest acquisition being the global brand Harper’s Bazaar, financial advice, insurance and business advice. Peter is an award-winning broadcaster, twice runner-up for the Best Current Affairs Commentator award for radio, behind broadcaster Alan Jones. He talks to Ben Fordham each morning on 2GB, as well as writing each day on switzer.com.au
Now we could face a spike in many product prices because of shipping troubles in the Red Sea and Asia that will force up costs and inflation!
Where do I stand on the emotional subject of Anzac Day?
Wage theft has become a big issue, and it’s a shocking look when it appears that the labour market referee, the Fair Work Commission, acted like an accessory to these underpayments to miners!
Ex-Qantas boss Alan Joyce has been accused of a litany of issues that could threaten his final exit pay, while Woolworths’ outgoing CEO could be kissing goodbye a cool million of his pay cheque because his contract had a clause that linked his departure payout to the company’s reputation.
Wealthy people are always in the market looking for ways to keep building their wealth, while also preserving what they have. For that reason, I’ve always kept myself open to heed what the wealthy might know that can give insights to build wealth.
As rents continue to surge across the country, these questions come to mind: How can we fix this housing shortage that forces rents to go sky high? And who should be fixing this?
Cash will be available for anyone who needs it because the ongoing dispute between Armaguard and the big banks, big supermarkets and Australia Post has been settled, with ACCC approval.
The economic data drops over July will be critical for the direction of rates but the only place where a rise seems to look more certain is in the media! Why is this so?
With the threatening employment black cloud of artificial intelligence, do we have politicians tough enough and even mad enough to control the big businesses and scam merchants who use social platforms to swindle us? Could Trump as President jump on board with AI or restrict it?
While some economists are ramping up pressure for a higher cash rate to kill off inflation, Treasurer Chalmers thinks his generous Budget and those of his Labor state premiers won’t keep inflation high at its current 4% level. If he’s right, it’s good news for rates. But what if he’s wrong?
With the presidential debate looming today, does it really make any difference to stock markets if the world ends up with a President Biden or a President Trump?
May has delivered a disappointing inflation reading and unless economic data drops improve, interest rates will rise again, maybe as early as this coming August.