Squawk Australia

Amid the market volatility, Colin Whitehead, analyst with Fat Prophets, says he is upbeat on resources and financials. Michael McCormick, director from Belvedere Share Managers, also shares his investment strategy, with CNBC's Oriel Morrison.

Gold's ascent has been volatile, so buy when there's a pullback of 4-5%, Nader Naeimi, senior investment strategist at AMP Capital, tells CNBC's Oriel Morrison and Sri Jegarajah. Michael McCormick of Belvedere Share Managers, joins in the conversation.

The New South Wales government has returned its budget to surplus two years ahead of forecasts. Eric Roozendaal, treasurer of New South Wales, discusses the issues at hand and the impact from the proposed mining tax, with guest host Michael McCormick, director from Belvedere Share Managers, CNBC's Oriel Morrison & Sri Jegarajah.

The latest headlines this hour, with CNBC's Sri Jegarajah.

Kathy Lien, director of currency research at GFT Forex, says the euro is still overvalued and sees a further 2-6% decline in the euro-dollar. She talks to Michael McCormick of Belvedere Share Managers and CNBC's Oriel Morrison and Sri Jegarajah.

Simon Robinson, portfolio manager from Wilson HTM and Michael McCormick, director at Belvedere Share Managers, discuss the rough ride in equities with CNBC's Oriel Morrison. Robinson sees buying opportuntities in smaller resources plays such as Atlas Iron.

Place your bets on smaller resources plays, especially in the iron ore space, suggests Savanth Sebastian, equities economist at CommSec. He explains his investment strategy, with Neil Carter of Macquarie Funds Group & CNBC's Oriel Morrison.

Oil prices could head north of $85 by the end of this year, predicts John Licata, chief commodity strategist at Blue Phoenix and editor of the Commodity Chronicles. He tells Neil Carter of Macquarie Funds Group & CNBC's Oriel Morrison what is supporting higher oil prices.

Discussing the impact of the state government's proposed super profits tax on New South Wales' mining industry, with Mike Baird, shadow treasurer of New South Wales, speaking with Neil Carter of Macquarie Funds Group & CNBC's Oriel Morrison.

The Aussie is caught up with euro zone concerns and slowing growth in Australia, says Belinda Allen, market analyst at Colonial First State Global Asset Management. She also discusses the euro, with Neil Carter of Macquarie Funds Group and CNBC's Oriel Morrison.

Stocks are oversold short-term and they offer great opportunities in the next six months, says Chris Stott, analyst at Wilson Asset Management. He and Neil Carter, portfolio manager at Macquarie Funds Group, share their investment advice with CNBC's Oriel Morrison.

Avoid Australia's small- to medium-sized base metals miners, advises Patrick Noble, senior investment specialist from Zurich Investments. He & Matthew Kidman, portfolio manager at Wilson Asset Management, talk strategy, with CNBC's Oriel Morrison.