Blaming the value of the Australian dollar for all the problems and ills in manufacturing has become the easy option, write Glenn Dyer and Bernard Keane.
Australian dollar
RBA could increase rates if there’s a sharp rise in inflation
Lots of mea culpas this morning from business economists and media pundits who got the Reserve Bank rate decision horribly wrong yesterday, write Glenn Dyer and Bernard Keane.
Political snippets: The great industry moaner
Listen to the spokespeople for the tourism industry and you would think that the current high value of the Australian dollar was sending them all to rack and ruin.
Politicians and the awful reality of a strong dollar
For all her problems, Julia Gillard understands just how important the strong dollar will be not just for business but governments, write Glenn Dyer and Bernard Keane.
Doom-laden forecasts rejected by central banking heavy hitter
The tensions continue to go out of the tight conditions in global banking, especially in the eurozone.
Kohler: carried away in an Aussie dollar dance
Global hedge funds are starting to make big returns from borrowing in euros and investing in higher-yielding currencies such as the Australian dollar.
Strong dollar will wreak havoc on the out of touch in business
The continuing strong dollar will have implications for governments as well as the Australian economy. It’s time we faced up to it.
Political snippets: A job well done
Prime Minister Julia Gillard and Treasurer Wayne Swan have done a good job in turning this week’s Canberra tax forum into a political non-event.
Gottliebsen: blowing up a Swiss safe haven
The decision by the Swiss to defend their currency and the consequent rise in the gold price (it later eased) has the potential to be a time bomb for the Australian dollar, writes Robert Gottliebsen of Business Spectator.
Bartholomeusz: how high will the $A soar?
There’s a confluence of circumstances forcing the Australian dollar up into previously unexplored territory, the latest of which was the unexpectedly high inflation numbers for the June quarter.
Your Say: Daily Mail readers' feedback: Lamenting the dumbing down of politics
Crikey readers have their say.
Ask the economists: how do you talk down the dollar?
The Aussie dollar hit US$1.10 this morning, a record against the greenback. It’s great news if you’re planning an Aussie winter jaunt to Palm Springs, not so wonderful if you’re an exporter or manufacturer in Australia. Should the RBA intervene?
Your Say: Daily Mail readers' feedback: Why Australia is dumbing down
Crikey readers have their say.
Don’t cheer the dollar — cheap holidays will come at a cost
Media and business commentators continue their infatuation with the unstoppable rise of the Australian dollar.
Business bleating just a case of back to the future
Australian business doesn’t read very widely these days as it constructs its arguments about the economy, tax and green issues.
Dollar parity … party hats on hold for some at the moment
Australians have, and are, cheering the Australian dollar higher and higher against major currencies, notably the United States dollar, writes Hermoine Macura in Dubai.
Mungo MacCallum: Two virility symbols and a saint … lucky country indeed
Judging from the shambling swagger he affects these days (part-Western gunslinger, part-silverback gorilla) Tony Abbott is brimming with confidence.
Singapore dollar move echoes dilemma facing RBA
The central banks of Australia and Singapore are concerned about inflation already have acted to try and slow those pressures and their economies, but have done so using very different monetary policy tools
Meet Bob Katter, aka B Joyce … and Andrew Robb, aka J Hockey
The ABC has finally discovered the high value of the Australian dollar is more of an issue than just a simple race call at the back end of the news or a mention in the finance report.
Wine producers rue our dollar, and will students stay away?
The Australian dollar peaked at 99.2 US cents overnight, the highest it’s been since the dollar was floated in 1983. And while Australian travellers are cheering, exporters and educators are bracing for significant fallout. Crikey intern Jane Vashti Ryan reports.
Kohler: Marx’s great capitalist creation
Australia’s currency revaluation to US99c last night is as much part of a disorderly global re-balancing and a repudiation of Marxism as a reflection of the stunning strength of the Australian economy.
Markets question ratings, credit worthiness
Markets are starting to question the ratings and creditworthiness of a growing number of countries, as the Aussie dollar falls below 82 US cents.
Economics 101 on the rise and fall of the Aussie dollar
The Coalition and some commentators would have you believe the RSPT debate is affecting the dollar. It’s a fairy story. Glenn Dyer and Bernard Keane explain why.
Business As Usual: The European crisis … Japan holds on … Canwest lifeline
The Aussie dollar’s performance against the euro has snuck up, Greece is in deeper economic woe than anyone thought, Canwest has been thrown a lifeline and the Reserve Bank to speak in today’s business wrap.
Business As Usual: The dollar is travelling well
The booming Aussie dollar is encouraging Australians to travel more overseas, yesterday’s Super Bowl was the most watched game in history and the most watched TV show ever, Clive Palmer is back to his old tricks and more business briefs.
