Mike Hawkins discusses the Australian Dollar Parity on ABC's Inside Business
Monday 18 October 2010 11:12 AM
“The Australian dollar is significantly over-valued,” Mike Hawkins, chief investment officer at Evans & Partners Pty, told the Australian Broadcasting Corp. in an interview yesterday. “The Australian economy, or large chunks of it, is very uncompetitive” and the dollar’s strength sends a signal to domestic consumers to spend their money overseas, he said.
For further information and to read the full transcript of the interview, please click here
