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Australian Dollar news

  
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Chinese markets push Aussie dollar up
A RALLY on Chinese equity markets has helped the Australian dollar to recover from a three-month low. At 5pm, Sydney time, yesterday, the Australian dollar was trading at US103.05c, up from 102.82c yesterday. ANZ foreign exchange strategist Andrew ...
Australia and New Zealand propose single currency  The Week UK
High dollar sees manufacturing hit reverse
A peak industry body says the strong Australian dollar and weak demand are weighing on manufacturing as new figures show the sector shrank last month after three months of growth.
Dollar dives as Chinese economic growth slows
The Australian dollar dropped more than half a cent against its counterpart in the United States after the data release and at 12:18pm (AEST) was worth 103.9 US cents.
Kiwi and Aussie Dollars May Merge
Switching currencies when travelling between Australia and New Zealand is an inconvenience that could be rescinded, according to a recent productivity commissions' paper.
Wolverine and a blockbuster case of tax secrecy
With the dollar sitting at above parity with the US dollar, no one in the industry was really expecting Australia to land the production of any big films - after all, why come to Australia to make a film when you lose money as soon as you convert your ...
Australian jobs on the move to NZ
HUNDREDS of Australian jobs have been shifted to New Zealand as local producers try to avoid the impact of high wages, a soaring Australian dollar and restrictive labour laws. Woolworths is the latest to transfer jobs across the Tasman. It transferred ...
Loonie enters period of seasonal strength
The second most active is CurrencyShares Australian Dollar Trust , while the third most actively traded currency ETF is CurrencyShares Canadian Dollar Trust .
Australians seeing through the feel-good mining ads
There is a growing awareness that the mining boom is forcing up the Australian dollar, which is in turn placing pressure on a whole series of export-facing industries - the obvious suspects like manufacturing, but also sectors like education where the ...
A $100 Weekend in Melbourne
And though it is also ranked among the world's most expensive cities, that survey apparently didn't take into account the fact that you can buy a kangaroo steak marinated in bush plum sauce at a supermarket for 8 Australian dollars (just slightly more ...
Non-mining states 'going backwards'
Savanth Sebastian, an economist with CommSec, says the entire eastern seaboard is looking significantly weaker than the west. "Without Western Australia it's clear that the Australian economy would be effectively going backwards or even just treading ...