Founder of Investment Plus Accounting Group — Peter Ristevski, known as an innovative accountant and businessman, has announced his candidacy for mayor of Liverpool, Australia. With an impressive track record in financial management and business development, Ristevski brings a wealth of experience and a fresh perspective to the political arena. His campaign is built on a commitment to fiscal responsibility, job creation, and long-term economic sustainability, aiming to address the city’s current challenges and unlock its full potential.
Revolutionizing Tax Management
Peter Ristevski has earned a stellar reputation in the accounting industry by implementing unique structures that no other firm in Australia offers. His firm’s heavy investment in research and development has led to advanced methods for minimizing tax liabilities and protecting assets. These innovative strategies are particularly beneficial for business owners, often seen as the “holy grail” in tax planning. Ristevski’s commitment to staying ahead of the curve is demonstrated by his establishment of an office in Dubai, allowing clients to take advantage of tax-free zones. This move not only provides significant financial benefits but also showcases his forward-thinking approach and global vision.
Looking to expand further, Ristevski plans to open another office in Bali, aiming to extend his firm’s cutting-edge services to a broader clientele. This expansion is part of his broader strategy to enhance financial literacy and security for businesses and individuals alike. His firm’s competitive edge lies in its innovative trust structures, which avoid the hefty $600 stamp duty and never expire, ensuring long-term financial stability and preventing family disputes, as seen in high-profile cases like that of Gina Rinehart.
Addressing Liverpool’s Budget Crisis
Ristevski’s decision to run for mayor is driven by his deep concern over Liverpool’s current fiscal mismanagement under the existing Liberal administration. The city’s budget is reportedly in a dire state, characterized by inefficient allocation of resources and lack of fiscal responsibility. Ristevski believes his extensive experience in financial management positions him uniquely to rectify this situation. His campaign promises to streamline the budget, ensuring transparent and efficient use of public funds.
“The Liberal Mayor is proposing to sell $90 million of ratepayers assets just so he can look good and not show a deficit. This is the equivalent of selling your house just so you can pay your credit card because you cannot control your spending. Who does that? The Liberal mayor doesn’t realize that Councils need to diversify their income streams and not rely heavily on rates. What he also fails to realize is that in 10 years time these assets that are owned by the community that he proposes to sell will be worth $180 million generating vital rental income to service the community. Ratepayers are tired of paying around $50 a week on council rates which are increasing each and every year and getting nothing in return. Leadership starts at the top and the first thing that the Liberal mayor needs to do is tighten his own belt. Why does he have six media advisors sitting in his office costing the ratepayer $2 million each and every you just so they can promote his image on TV” Ristevski is quoted as saying.
Economic Development and Job Creation
One of the central pillars of Ristevski’s campaign is economic development through job creation. Liverpool currently suffers from high unemployment rates, with many residents forced to commute long distances for work. Ristevski plans to attract international businesses to set up operations in Liverpool, thereby creating local jobs and stimulating the economy. This initiative is exemplified by his recent meeting with James Knight, the founder of Zenith Automotive, who flew into Sydney specifically to discuss the potential of establishing a car manufacturing plant in Liverpool. Zenith Automotive, renowned for creating iconic vehicles like those in the “Fast and Furious” franchise, sees Liverpool’s potential under Ristevski’s leadership.
Ristevski’s vision extends to lobbying for tax incentives to make Liverpool more attractive to foreign investors. One of his key proposals to the NSW State Government is to exempt American companies setting up in Australia from payroll taxes if they employ Liverpool local residents. This initiative aims to position Liverpool as a prime destination for international business, fostering economic growth and providing a significant boost to the local job market. Ristevski’s commitment to economic revitalization promises to transform Liverpool into a hub of industrial and commercial activity, reducing unemployment and enhancing the quality of life for its residents.
A Vision for Long-Term Prosperity
Ristevski’s ambitions for Liverpool go beyond immediate economic remedies; he envisions a city that thrives on long-term financial stability and sustainable growth. His experience in the accounting sector equips him with the tools to implement innovative solutions that ensure financial security for future generations. This is reflected in his firm’s expansion into Adelaide, where the establishment of trusts offers clients long-lasting financial protection, avoiding the pitfalls of expiring trusts and potential family disputes.
Adding to his multifaceted approach, Ristevski is set to release a book titled “Tax Secrets of The Rich 1%,” aimed at demystifying the tax strategies employed by Australia’s wealthiest individuals. Scheduled for release later this year, the book promises to offer valuable insights into optimizing financial strategies, further cementing Ristevski’s role as an educator and advocate for financial literacy.
Peter Ristevski’s campaign for mayor of Liverpool represents a blend of innovative business acumen and a deep commitment to public service. His experience in financial management and economic development equips him with the skills necessary to address Liverpool’s current challenges and unlock its full potential. By focusing on fiscal responsibility, job creation, and long-term prosperity, Ristevski aims to transform Liverpool into a thriving and economically sustainable city.