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Australian dollar - News, Features, and Slideshows

News

  • Business conditions slump to four-year low

    The Australian economy is stuck in a rut, with business conditions tumbling to their lowest level in four years despite low interest rates and a falling Australian dollar.

    Written by Belinda Merhab10 July 13 10:52
  • Joke from RBA boss falls flat

    If Reserve Bank boss Glenn Stevens was trying to make a joke, it wasn't very funny.

    Written by Belinda Merhab05 July 13 09:18
  • $A dealt a triple blow this week

    Farmers, local tourism operators and manufacturers are getting better news everyday as the Australian dollar falls even further.

    Written by Jason Cadden21 June 13 10:58
  • Halcyon days for the $A are over - Oliver

    The Australian dollar has enjoyed a huge surge on the back of booming mining and resources export prices but that is unlikely to happen again, a leading economist says.

    Written by Jason Cadden03 May 13 11:01
  • Import/export firms see surging $A

    Businesses expect the pain of a high exchange rate to intensify over the coming year, with exporters saying they will respond by slashing their investment spending.

    Written by Garry Shilson-Josling, AAP Economist14 March 13 11:26
  • Amcor to cut about 300 jobs

    Packaging giant Amcor will cut about 300 jobs at three manufacturing sites in Victoria and Queensland, blaming the high value of the Australian dollar and increasing cost pressures.

    Written by Trevor Chappell19 Feb. 13 15:38
  • $A forecast to maintain its value

    It's more good news for those travelling overseas and more bad news for manufacturers, farmers, local tourism operators and exporters.

    Written by Jason B. Lee15 Feb. 13 10:14
  • Outlook improves for Aust exporters

    Australian exporters are expecting increased orders and profits as they innovate offerings and seek new markets to offset the high Aussie dollar.

    Written by Peter Trute09 Aug. 12 14:44
  • Bipolar market closes sharply lower

    A strong market recovery in the afternoon's trading went just as quickly as it came, with key indices closing almost as low as during the midday slump

    Written by Dylan Bushell-Embling23 Sept. 11 18:30
  • Codan reports record FY11 profit

    Electronic products developer Codan Limited (ASX:CDA) earned a record $21.8m profit in FY11, but saw declines in underlying profit and revenue

    Written by Dylan Bushell-Embling10 Aug. 11 17:53
  • ResMed, HeartWare boost June quarter revenue

    Medical device manufacturers ResMed (ASX:RMD) and HeartWare (ASX:HIN) both lifted their June-quarter revenue significantly

    Written by Dylan Bushell-Embling05 Aug. 11 17:20
  • Trade surplus narrows, retail turnover shrinks: ABS

    Australia's international trade surplus fell a seasonally adjusted $647m in June but remains over $2b, while retailer turnover fell slightly, ABS data shows

    Written by Dylan Bushell-Embling03 Aug. 11 18:13
  • Australian dollar breaks another record

    With the Reserve Bank still hawkish on interest rates and the US still prevaricating on the debt ceiling, it’s no surprise that the Australian dollar has continued its upward climb.

    Written by CFO World Staff27 July 11 13:37
  • Australian exporters confident for future

    Nine in ten Australian exporters expect to grow revenues from the practice in the next year, even as they grapple with rising costs, according to a survey

    Written by Dylan Bushell-Embling20 July 11 18:00
  • Adacel forecasts $3m pre-tax loss for FY11

    Adacel Technologies (ASX:ADA) now expects a $3m FY11 pre-tax loss, despite previously anticipating breaking out the black ink for the year

    Written by Dylan Bushell-Embling22 June 11 16:58
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