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Learn why Australia’s economy is struggling in 2025 and the factors influencing low GDP growth. Find out why they need policy ...
The Australian dollar has dropped below 60 US cents for the first time since the COVID-19 pandemic, with it also having its biggest daily fall in 17 years. The local currency is dropping in the ...
The Australian dollar is broadly considered a proxy of the Yuan, due to our exports being dependent on China's purchasing power. Chief economist at the Australia Institute Greg Jericho told SBS ...
For a relatively small, open economy, Australia's currency is heavily ... domestic inflation by giving consumers more import purchasing power. Crucially, for those with itchy feet, it also opens ...
The Australian Dollar gains ... pair depreciated on Thursday as the US Dollar received support immediately after the release of stronger US S&P Global Purchasing Managers’ Index (PMI) data.
SINGAPORE/SYDNEY (Reuters) -Funds in Australia's A$4.2 trillion ($2.7 trillion) pension sector are rethinking some of their long-held strategies of buying U.S. assets and the dollar, as confidence ...
SYDNEY (Reuters) -The Australian dollar slipped on Tuesday after the country's central bank cut interest rates as expected while highlighting the economic risks from a global trade war ...
The lower dollar will give Australians less purchasing power overseas, including when they travel. On the flip side, the situation is good news for Australian exporters, who may find more demand ...