Three sectors benefitting from the falling dollar

Livewire Exclusive

Livewire Markets

Rhett Kessler, Portfolio Manager at Pengana, says he is seeing indications of a number of sectors starting to feel positive flow on effects from the lower AUD. In particular he points to agriculture, education and tourism as industries that should help to pick up some of the slack as the economy looks to re-balance away from the strong commodities cycle. On agriculture Kessler says it is a difficult market to invest in due to the fickle nature of weather patterns. Education is attractive, however, the issues surrounding the fall from grace of Vocation (VET) have tarred the industry. That brings him to the tourism industry where he likes Crown. In this short video Kessler talks more about Crown and moving away from a resources led economy:


MORE ON



Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.