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.

RBA: Investors are Inflating House Prices

There is “no disputing” housing is expensive, says the Reserve Bank of Australia’s head of financial stability, but loosening lending standards to help first home buyers enter the property market would be “counterproductive”.  RBA head of financial stability Luci Ellis said today it was helpful — from a stability point of view — that there …

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Australia’s Unemployment Jumps to 6.3% in July

Australia’s unemployment rate jumped last month to the highest rate since January, rising faster than economists had expected after an increase in the participation rate during the month.  The unemployment figure rose to 6.3 per cent in July, according to official data from the Australian Bureau of Statistics, up from an upwardly revised rate of …

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