In retirement, Australia can’t turn the tap offl
Debt markets tighter but holding up
The Australian dollar, underpinned by commodities and Chinese demand, is at present powerful, and people are routinely talking about parity with the US dollar. Currency, in fact, is a big issue for funds investing overseas. Given the persistent appreciation of the Australian dollar, most offshore assets are declining in Australian dollar terms: nabCapital managing director and head of insurance and fund manager relations, Donald Hellyer, recently put out a paper on this theme.
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