Sydney Financial Planners

Over the past couple of months we in Australia have experienced some share market volatility in response to the widening debt issues in Europe and the US.  The announcement of Standard & Poor’s decision to reduce the US’s credit rating from AAA to AA+ in early August instigated several days of significant share market jitters [...]

Since the Australian dollar replaced the pound in 1966, it has had more ups and downs that a rollercoaster.  In 1968 the Australian dollar was linked to the US dollar at an official rate of $1.00 AUD to $1.12 USD.  Since then, the Australian dollar has never matched or exceeded the USD.  Back in 2001, [...]