A currency conversion deal between Australia and China, which would allow the renminbi to be traded directly against the Australian dollar, would slash costs for thousands of businesses.
AAP
Julia Gillard leaves Australia for China tomorrow, her second trip to the Middle Kingdom as Prime Minister. As befits China’s status as Australia’s most important trading partner, the trip has attracted…
Gold and silver are traditionally considered “safe havens”.
Image sourced from shutterstock.com
Safe haven investments are investments that provide a low level of risk during periods of extreme economic uncertainty.
The problem is that a safe haven investment is a safe haven investment until it…
In developing and developed countries alike, mobile banking is making its mark.
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In developed countries such as the United States, United Kingdom and Australia, mobile banking — describing the use of mobile phones to make financial transactions — is transforming banking from a physical…
Some commentators have suggested that the RBA should intervene in currency markets to tame the Australian dollar. But is this a wise move?
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As foreign central banks continue to park their money in our triple-A rated bonds, the Australian dollar continues its inevitable ascent.
The dollar traded as high as US106.03¢ after the RBA left the…
The Australian dollar has dropped to its lowest level in six months amid continuing global uncertainty: but does it remain over-valued?
AAP
The Australian dollar has dropped to a six month low on continuing fears over a Greek exit from the Eurozone, despite pleas from European Union leaders.
Head of discipline, Economics and Winthrop Professor…
Who would emerge better under a trans-Tasman currency regime: New Zealand or Australia?
AAP
The idea of a shared currency between Australia and New Zealand is not new and has engendered discussion over the past two decades. It has recently come to the forefront as a result of our Prime Ministers…
