digital globe

Happy 25th Birthday to Rodgers Reidy

Posted On: 15th April 2024
25 Year Anniversary

In April 1999, 25 years ago, Peter Rodgers and Geoff Reidy started a business called Rodgers Reidy. Today, that business has offices in all states of Australia, the Northern Territory, New Zealand, Malaysia, Singapore, and Hong Kong.

To put the world 25 years ago (last century) into perspective, the world’s population was 6.06 billion; today, it’s 8.12 billion. Bill Clinton was impeached. Australia voted not to become a republic. Macau was returned to the People’s Republic of China, and the new Pudong Airport was opened in Shanghai to meet the growing demand for international travel in China. In Malaysia, the Petronas Twin Towers were opened and officially designated the tallest buildings in the world.

North Melbourne won its most recent AFL premiership, the North Sydney Bears were still playing in the NRL, Ansett was still flying, and Enron's share price soared. Susan Wojcicki became Google’s 16th employee before later becoming CEO of YouTube. Apple had a net profit of US$600m, less than 1% of what it made last year.

On the world sports stage the Australian Diamonds netball team won its third consecutive World Cup defeating New Zealand in the dying seconds of the final and the Wallabies won the Rugby World Cup after winning all its games.
Tiger Woods won his first PGA golf championship; the Euro was introduced as the European single currency, the world was paranoid about the Y2K bug and the Sixth Sense and Notting Hill were doing well at the box office. Napster was created as a peer-to-peer music-sharing app that created copyright chaos but ultimately inspired Spotify and others.

The formation of Rodgers Reidy probably did not make a lot of headlines, but it was and is important to us. Among the many accomplishments over the past 25 years, Rodgers Reidy today leads the way in gender equality among its peers in the insolvency and reconstruction industry and has been a market leader in the adoption of the new legislation to restructure small businesses.

While Peter is no longer involved in running the business as he fights the demons of dementia, Geoff has been joined by many talented professionals who bring their best to every client to seek solutions to the many and often varied financial problems that businesses and individuals face.

Rodgers Reidy remains true today to its origins of genuine and perceptive advice and looks forward to advising businesses and stakeholders through their toughest financial times for another 25 years and more… although we think Geoff will be long retired by then.

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