18 Sep Australian Market: Interview with Nick Griffin
Nick Griffin, Head of Investments at Munro Partners, shares his thoughts on the Australian dollar and the state of the Australian economy.
Nick Griffin has been living in the UK for the last two years, and it has given him a unique perspective on the Australian economy. “We have an office in Edinburgh, the second largest financial centre in Europe. Scotland is a country that’s trying to secede from a country that’s trying to leave the European Union – this is not a great investment environment.”
Despite concerns about the housing market, Australia appears remarkably politically stable from the outside. Political movements across Europe are struggling with immigration and the free movement of labour, but in Australia, these were dealt with years ago. “Ultimately, I know it doesn’t feel like it, but from the outside looking in, it looks a lot better here than it does over there.” In the video below, he explains why he expects the AUD to struggle to fall significantly from here.
This interview was published by Livewire www.livewiremarkets.com
Disclaimer: The information contained in this presentation is general in nature and should not be relied upon. Before making any investment or planning decisions, you should consult a licensed professional who can advise you whether your decision is appropriate for you. Contributors to this show may have commercial or financial interests in the companies mentioned.