Sean Aylmer speaks to Dr Peter Phillips, Associate Professor in Finance & Banking at the University of Southern Queensland, for a crash course in currencies.  Why is everything measured in US dollars?  What causes exchange rate fluctuations?  Who benefits when the dollar goes up and down?  

Associate Professor Peter Phillips is also the author of Financial Institutions, Instruments and Markets.

Sean Aylmer speaks to Dr Peter Phillips, Associate Professor in Finance &amp; Banking at the University of Southern Queensland, for a crash course in currencies.&nbsp; Why is everything measured in US dollars?&nbsp; What causes exchange rate fluctuations?&nbsp; Who benefits when the dollar goes up and down?&nbsp;&nbsp;
Associate Professor Peter Phillips is also the author of&nbsp;Financial Institutions, Instruments and Markets.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Bonus content - extended interview with Associate Professor Peter Phillips

Fear & Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcasts.

This is an exciting episode for us: our new book called Twelve Months to Financial Freedom has just launched in shops around the country. Join Canna Campbell - a financial planner for 20 years - and Fear & Greed's Michael Thompson as we explore our favourite parts from the book, from the handy guide to budgeting and setting up a side hustle, to asking for a pay rise and getting started in shares.

Pick up your copy of Twelve Months to Financial Freedom at Big W, bookshops or online now!

---

The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product.

​Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd AFSL No. 700012 ABN 97 678 975 589.

Fear &amp; Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcasts. This is an exciting episode for us: our new book called&nbsp;<a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1788956235605942&amp;usg=AOvVaw1mq6wBzQjm_8EnAjrXmI1i">Twelve Months to Financial Freedom</a>&nbsp;has just launched in shops around the country. Join&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/sugarmammatv/&amp;sa=D&amp;source=calendar&amp;ust=1788956235605942&amp;usg=AOvVaw0Cpy5N-XG1p8S6k5SDXPpX">Canna Campbell</a>&nbsp;- a financial planner for 20 years - and&nbsp;<a href="https://www.google.com/url?q=https://fearandgreed.com.au/&amp;sa=D&amp;source=calendar&amp;ust=1788956235605942&amp;usg=AOvVaw1lKyEyZuO9yEF6Nm1Y4CkS">Fear &amp; Greed</a>'s&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/michaelthompsonauthor/&amp;sa=D&amp;source=calendar&amp;ust=1788956235605942&amp;usg=AOvVaw3MqPlaRtxtgRAWugZfr5tl">Michael Thompson</a>&nbsp;as we explore our favourite parts from the book, from the handy guide to budgeting and setting up a side hustle, to asking for a pay rise and getting started in shares. Pick up your copy of&nbsp;<a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1788956235605942&amp;usg=AOvVaw1mq6wBzQjm_8EnAjrXmI1i">Twelve Months to Financial Freedom</a>&nbsp;at Big W, bookshops or&nbsp;<a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1788956235605942&amp;usg=AOvVaw1mq6wBzQjm_8EnAjrXmI1i">online</a>&nbsp;now! --- The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product. ​Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd AFSL No. 700012 ABN 97 678 975 589.

Twelve Months to Financial Freedom

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6a250552-eb77-450d-8b79-b4bb00ca7468/transcript

Michael Thompson and Natalie MacDonald battle over the biggest and best business stories of the week, with Adam Lang deciding the winner.

This week: what the latest economic numbers mean for interest rates, the house price downturn, and the reforms that could shape the way we work and live.

Plus, a changing political landscape, the power of AI, and a bizarre police chase that became one of the week’s best social media stories.

Join our free daily newsletter here.

Michael Thompson and Natalie MacDonald battle over the biggest and best business stories of the week, with Adam Lang deciding the winner. This week: what the latest economic numbers mean for interest rates, the house price downturn, and the reforms that could shape the way we work and live. Plus, a changing political landscape, the power of AI, and a&nbsp;<a href="https://www.google.com/url?q=https://www.abc.net.au/news/2026-09-02/runaway-emu-police-pursuit-orange-nsw/107105798&amp;sa=D&amp;source=calendar&amp;ust=1788954027796868&amp;usg=AOvVaw1Ay6UwxmqqVDeX9blxIoH-">bizarre police chase</a>&nbsp;that became one of the week&rsquo;s best social media stories. Join our<a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1788954027796868&amp;usg=AOvVaw3A__Y4HH-2eWsMQObmupWC">&nbsp;free daily newsletter here</a>.

The Saturday Edition | 5 Sep 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/7b499178-4c32-4ad9-8026-b4bb00c03a5b/transcript

This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
ASX off 1pc for week
Bathla owes at least $3.4bn
36 Australians still missing in Nepal
ASIC expands KPMG investigation
Tesla launches driverless Cybercab

Join our free daily newsletter here.

This is the <a href="https://fearandgreed.com.au/">Fear &amp; Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li aria-level="1">ASX off 1pc for week</li>
<li aria-level="1">Bathla owes at least $3.4bn</li>
<li aria-level="1">36 Australians still missing in Nepal</li>
<li aria-level="1">ASIC expands KPMG investigation</li>
<li aria-level="1">Tesla launches driverless Cybercab</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX ends week 1pc lower

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6260cfa5-5523-4a4f-9e7a-b4bb006fb7a8/transcript

Bonus content - extended interview with Associate Professor Peter Phillips

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