Stuart McPhee

Australian private trader for more than 20 years, author, trading coach, licensed adviser and regular speaker at major trading events all around the world. Graduate of RMC Duntroon and former Australian Army Officer.

After Mining, Tourism may be Australia’s Next Best Thing

Australia’s economy is struggling as it grapples with the imminent end to its commodities boom, but one industry is flourishing thanks to China: tourism. “As the mining boom enters the final cyclical phase, a rebalancing in favor of the non-mining sector is critical. The declining Australian dollar is facilitating this transition, and one sector that …

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Australian Home Prices Rise Again

Home prices across Australia’s capital cities rose in March led by a blistering pace in the Sydney market, complicating policy considerations for the central bank which is under pressure to cut interest rates again amid falling commodity prices. Figures from property consultant CoreLogic RP Data showed dwelling prices across all of Australia’s major cities climbed …

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Australian Equities Fall on Commodities Decline

Australian shares fell sharply on Monday as resources stocks followed oil and metals prices lower, while investors failed to take inspiration from late Wall St gains on Friday. United States energy giant Chevron Corp’s $3.7 billion sale of its half stake in fuel firm Caltex Australia , Australia’s biggest block trade ever, also pushed the …

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RBA: Australian Business Finances Solid

The financial stability of Australian businesses is on the improve as companies watch their spending and borrow less.  Challenges remain however for businesses in the commercial housing and resources sector. The Reserve Bank’s latest Financial Stability Review reveals financial stress for Australian businesses is falling.  Debt levels remain near historical lows, having fallen sharply after …

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