Business
The rising Aussie dollar could kill a hard-won economic recovery – Yahoo Finance Australia
It’s good for consumers, but an elevated Aussie dollar against the greenback is a risk to jobs.
The rising Aussie dollar could kill a hard-won economic recovery. Source: Getty
The price of iron ore is on an absolute tear.
Iron ore’s recent run up to US$136 (AU$183) per tonne — the highest level since 2013 and up 45 per cent this year — couldn’t have come at a better time for Australia.
With incredibly tense China relations, it provides, as independent economist Saul Eslake puts it, insurance against further economic damage China may like to inflict on Australia.
Thats because iron ores surge…
-
Noosa News18 hours agoProtest calls for shark net removal
-
General17 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
Noosa News20 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
Noosa News12 hours agoPrime Minister Anthony Albanese calls for political temperature to be ‘turned down’ after alleged death threat