Each year Pitcher Partners undertakes an in-depth analysis of the implications of the Federal Budget for middle-market businesses. These insights were presented and discussed with more than 500 business owners, directors and managers at a series of Budget events held around the country last week.
Despite a lacklustre Budget announcement that contained few surprises, middle-market businesses were keen to hear an analysis of the motives behind the proposals, and the potential impact of a possible change in government given an impending election.
In Sydney, Pitcher Partners held a Thursday morning breakfast with Chief Economist, HSBC, Paul Bloxham, and Pitcher Partners partners Martin Booth and Howard Badger.
Melbourne’s CBD breakfast was hosted by Partner Aileen O’Carroll and featured Alan Oster, Group Chief Economist, National Australia Bank; Don Rankin, President, Victorian Chamber of Commerce and Industry; and Pitcher Partners partner Julian Cheng. Melbourne also held a regional breakfast event in the state’s south-east hosted by David Knowles, Pitcher Partners Partner-in-Charge South-East office, with Pitcher Partners experts Victoria Lindores, Client Director and Julian Cheng, Partner, sharing their Budget insights.
Our Newcastle firm partnered with NAB for its Budget breakfast event featuring Chief Tax Officer, NAB, Steve Southon and Michael Minter, Pitcher Partners Newcastle, Managing Partner.
In Adelaide on Friday morning, Tom Gray, Senior Investment Adviser, Morgans, and Phil Shepherd, Principal of Pitcher Partners Adelaide, offered reflections on Labor’s Budget reply from the previous evening.