Living History - Maurice Newman AC, ABC

Living History - Maurice Newman AC, ABC

VIC
Oct 29
Maurice Newman, the current Chair of the Australian Broadcasting Corporation, has spent some fifty years in financial markets. He retired as Chair of the ASX last year but continues his interest as a director of Queensland Investment Corporation and as an adviser to the Marsh Group of Companies.

Event overview

Living History - Maurice Newman AC, ABC

VIC
Oct 29

Maurice Newman, the current Chair of the Australian Broadcasting Corporation, has spent some fifty years in financial markets. He retired as Chair of the ASX last year but continues his interest as a director of Queensland Investment Corporation and as an adviser to the Marsh Group of Companies.

Speakers

 

 Public event
 29/10/2009
 CEDA Boardroom,, Level 13, 440 Collins Street, Melbourne, VIC

 Economy
 Lunch

   

    


EVENT OVERVIEW

Mr Newman has been warning CEDA audiences for a decade of the unfolding disaster he saw from the massive global imbalances in the world economy. He believes this is a balance sheet, not a cyclical recession which can only be repaired through international co-operation and settlement.  That must involve China. Yet world leaders, apart from adopting a crass Keynesian approach, seem more focused on bankers' bonuses than on finding a durable solution.

In this member only briefing, Mr Newman will detail the magnitude of the problem still facing us, the risk of miscalculation and his worry that without a G20 exit mechanism, which includes the future of the US dollar as the sole reserve currency, the worst may be yet to come.

It is why, realise it or not, he believes we are 'living history.'

MEET THE SPEAKER

Maurice Newman AC, Chairman, Australian Broadcasting Corporation and CEDA Patron

Maurice Newman's career spans forty years in stockbroking and investment banking, including as Managing Director in 1984, and Executive Chairman from 1985 until 1999, of what is now the Deutsche Bank Group in Australia.  He was Chairman of the Deutsche Bank Asia Pacific Advisory Board and a Director of Deutsche Bank Asia Pacific from 1999 to 2001.  He was also Chairman of Deutsche Asset Management (Australia) Limited from 1997 until 2000.  Mr Newman retired from Deutsche Bank in July 2001.

Mr Newman served as Chancellor of Macquarie University from 2002 to February 2008, and has chaired a number of Asian business alliances including the East Asia and Oceania Stock Exchange Federation, and the Australia Taiwan Business Council.

He has been an adviser to Australian governments on various consultative committees and Ministerial Advisory Councils.

In 1997, Mr Newman was Australia's Private Sector Representative to the First Commonwealth Heads of Government Meeting Business Forum held in London; and in 1999 led a delegation of senior Australian executives to New York promoting Australia, the Dynamic Success Story of the Asia Pacific - A Centre for Global Financial Services

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