P
Peter Switzer
Australian commentator
3
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Oct 13, 2026
Drive with Jamie Burnett - Tuesday July 21 2026
85:24
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81:56Peter SwitzerGUEST
Now, some of it is, you know, according to the AFR story, uh, linked to, um, Chinese people trying to get around the, the capital restrictions that Beijing has on some of their more wealthy, um, um, population who want to, uh, ultimately have a property here in Australia.
P
82:16Peter SwitzerGUEST
But I think there's also a lot of small business people as well who find it a lot harder to get a loan than, say, a public servant or someone who's got a, a steady job with a well-known business.
P
82:29Peter SwitzerGUEST
You know, it's, it's much easier to produce payslips that are instantly, um, seen as being ridgy-didge.
P
82:39Peter SwitzerGUEST
But if you're a, a small business owner, they've always found it a little bit harder to get a loan.
P
82:45Peter SwitzerGUEST
And I think there have been probably some people out there who've, in the age of AI...

Jamie BurnettHOST
Uh, I suppose on the other side, it's, uh, you shake your head a little bit and you think, are banks still relying on, you know, on payslips that we're sending them, you know, or, or sheets of paper in, in a, in a world like this?
FULL LIVE STREAM: Helen Glanville, Professor Ian Plimer, Peter Switzer, Tamara Linke + More
95:26

Jeremy CordeauxHOST
Isn't it a bit too late to worry about gold? Do you see any more gain in it?
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95:51Peter SwitzerGUEST
And so there are – the factors they explain at Jeremy, I think, are still around.
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95:58Peter SwitzerGUEST
In my story today on Switzer Daily, I know there's some great fans of Donald Trump, and I think he's getting a lot of things right, but he's still – has spooked the market with tariffs and I think the market's getting used to it but when the tariffs came and when you start spooking financial markets what they do is they look for safe havens and that's what gold's always been so So the arrival of an unusual US president has helped gold.
6 MINS LATER
