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Articles on Australian dollar

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Stay or go - Britons will vote this week. Reuters/Hannibal Hanschke

How a Brexit could impact on Australia

A British exit from the European Union will mean short term volatility on global markets, but the longer term outcomes are more uncertain.
The Reserve Bank of Australia has cut interest rates to 1.75% as an election looms. Reuters/Tim Wimborne

RBA cuts rates to 1.75% ahead of federal budget

Fears of deflation have prompted the Reserve Bank of Australia to act on the eve of the federal budget.
That $550 from the carbon tax repeal might be in your bank account, or it might have been gobbled up by exchange rates. baranq/Shutterstock.com

Trying to measure the savings from the carbon tax is a mug’s game

The carbon tax repeal was supposed to save the average household A$550. And it might well have done, but teasing out the exact figure amid the myriad other economic factors is a herculean task.
There is a silver lining to the end of the mining boom. Image sourced from Shutterstock.com

Turning headwinds into tailwinds: the economy can correct course

What is the new normal for the Australian economy? With unemployment rising, commodity prices reaching new lows, and confidence subdued, is the Australian economy prepared to handle offshore headwinds…
The drop in oil prices, and consequently fuel costs, is driving down inflation and helping the Australian economy. Andy Rain/EPA/AAP

Interest rates decision could boil down to oil: RBA Shadow Board

The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
The Australian dollar tumbled overnight. AAP Image/ LUKAS COCH

Australian dollar hits lowest point since GFC - experts react

The Australian dollar fell to US77.17¢ overnight on the back of strong US jobs data, hitting values not seen since the GFC in 2009. The currency recovered slightly over the course of Friday morning, tracking…

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