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 agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
Noosa News20 hours agoFuel tanker racing to unload in Darwin ahead of Tropical Cyclone Fina
-
Noosa News19 hours agoShattered families demand justice after Wieambilla killers not deemed terrorists
-
General19 hours agoWaste from Perth set to be trucked out to York after WA minister approves landfill site