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Australian Dollar news

  
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The Aussie dollar – from South Pacific peso to Southern franc
But at least our antipodean visitors can afford to indulge in a little retail therapy at Westfield Stratford City (the Australian dollar is trading close to a record high against the British pound) or, if they are really embarrassed, hop on the ...
Take Advantage of the High Australian Dollar While You Can
But in the past decade, the tide has turned. Thanks to a secular resources boom, the Australian dollar has gone from one of the weakest to one of the strongest major currencies in the world.
Aussie Dollar's Weaker Link to Commodity Prices
The Aussie dollar is often described as a commodity-linked currency as it rises and falls with the price of key materials. However, one former central banker says the two aren't as inextricably linked as some would like to think.
Hitched to the China wagon
The high value of Australia's dollar is the biggest worry. The currency has mostly traded higher than its American counterpart since early last year.
Mining boom set to turn to bust?  ABC Online
Australia's mining boom is over, says resources minister Martin Ferguson  Telegraph.co.uk
Dollar buoyed by RBA minutes
The Australian dollar got a modest lift today after the Reserve Bank sounded content with policy where it was, while talk of stimulus measures in regional China underpinned risk sentiment.
Australia faces growing risk of recession in 2013  The Australian
RBA faces questions over bribery connections  ABC Online
The trials of trans-tasman taxes
"I'm kind of living here (in Sydney) but I'm still a New Zealand employee so I've been suffering the dual indignities of being on the NZ dollar and living in Australia," he says. "I spend ten bucks and it is automatically $13." Harris owns a house in ...
Alan Joyce reflects on Qantas losses
We have the added problem of the high Australian dollar. Because before the Global Financial Crisis, an average that's $70 to the US dollar, now it's $1.05, and most of our competitors are competing in US dollars, so that's a 50 per cent increase in ...
Slow learners at the flying roo  Sydney Morning Herald
Qantas posts first loss since 1995, cancels Boeing Dreamliner orders  Telegraph.co.uk
IT price wars: government no white knight
Treasury also noted that the recent strength of the Australian dollar has meant the prices of goods in overseas markets are now cheaper in Australian dollar terms. And while exchange rate fluctuations occur instantly, prices of goods aren't as easily ...
Harvey Norman profit smashed
Mr Harvey said the past year had been "very disappointing" as the company grappled with steep discounting, price deflation, poor sales and the high Australian dollar. The closure and restructure of rival retailers such as WOW Sight & Sound, Retravision ...
Australia's backpacker industry 'in crisis'
AUSTRALIA'S backpacker tourism industry is facing the biggest crisis in its history, with many tour operators struggling to survive following big falls in young travellers.