Talking interest rates on Bloomberg

Tue, 04 Jul 2017  |  

Click on the link below to see an interview I did with Bloomberg TV - discussing RBA interest rates, the RBA, consumer spending household debt and other things.

Cheers, Stephen  



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Money for Life seminar – the steady path to wealth creation

Mon, 24 Jul 2017

 I am thrilled to be one of the speakers at The Money for Life event in Sydney on Saturday 7 October.

Book tickets via this link:

As the link suggests, it’s a seminar that is straight-talking, no nonsense financial information. It is great to see that there is no pushy marketing or get rich quick schemes, just a range of broad but in depth look at the things that have proven to be wealth enhancing strategies over many years. What is the best way to maximise your wealth both in the short term, but also, to have in place a framework of ideas to maximise the chances of building a decent financial nest egg over the longer run. 

Book now.

The downside of the Aussie dollar going up again

Wed, 19 Jul 2017

This article first appeared on the Yahoo7 Finance website at this link: 


The downside of the Aussie dollar going up again

The Australian dollar has powered to a two year high above 78 US cents with the rise mainly driven by a sharp fall in the US dollar, amid signs of weaker economic growth in the US.

For some Australian economists, this rise of the Australian dollar, if sustained, is reckoned to be a restrictive force for the Australian economy which risks snuffing out some of the recent economic news pointing to a moderate pick-up in activity.

While a higher value for the Australian dollar does generally trim the rate of economic growth as lower priced imports take business away from local producers and exporters find it a little harder to compete in the international trade market, there are some good reasons to think the current Australian dollar rise will not be a major problem.

Think of it this way.

If the Australia dollar was in fact ‘over-valued’, how would this show up in the real world or the real economy?

In an environment of a floating exchange rate for the Australian dollar, the answer is rather simple.