Keyword "Australian dollar" - List of latest news (115 results)

05:52 ‘It’s come to an end’: Bombshell investing claim

The days of ‘set-and-forget’ investment have come to an end, experts have warned, as stock markets continue reverberating from the turmoil unleashed by US President Donald Trump.

16/04 Nations’ major crackdown on foreigners

Countries across the world are continuing to crack down on foreigners.

16/04 Aussies told to buy Indonesian rupiah for Bali now

Australians heading to Bali are being told to consider exchanging their money now — with the market rate for Indonesian rupiah hitting the highest it has been since August last year.

11/04 RBA boss pours cold water on rate cut theory

Amid predictions of a potential double rate cut in May, with economists forecasting that Australian homeowners’ mortgage repayments could be slashed due to the United States’ ongoing trade war, Reserve Bank governor Michele Bullock has cast doubt on such a scenario.

10/04 RBA pours cold water on homeowner hopes

Reserve Bank governor Michele Bullock has poured cold water over predictions of a double interest rate cut next month insisting it’s “too early” to make hard calls on the impact of Donald Trump’s tariff chaos.

09/04 PM’s secret weapon in Trump tariff fight

Treasurer Jim Chalmers will lead engagement with the United States over President Donald Trump’s ‘Liberation Day’ tariffs if Labor is re-elected, the Prime Minister has said.

09/04 Trump’s $400 hit on Aussies in Bali

The falling Aussie dollar can seem like a nightmare if you’re planning an overseas trip soon.

09/04 Move over Bali, Aussies obsessed with this nation

Australians’ obsession with Japan is not slowing down — with new data proving the country is well and truly giving beloved Bali a run for its money.

06/04 Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down

A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.

05/04 Trump tariffs spark five-year AUD low

The Australian dollar has hit a five-year low as China hits back against Donald Trump’s trade war.

03/04 Anthony Albanese unveils Plan B in tariff fight with Donald Trump

Anthony Albanese is working on a plan B to get the Trump administration to dump the new 10 per cent tariff on all Australian imports in exchange for guaranteed access to critical minerals.

02/04 Investors are turning bearish on the U.S. dollar as Trump tariffs loom

Market watchers told CNBC they saw upside for certain currencies amid "erosion of confidence in the dollar."

31/03 ASX slumps on US recession fears

The Australian sharemarket was hammered on Monday, with every sector closing in the red after alarm bells were raised about the risk of a US recession.

19/03 ‘Sheer stupidity’: Australia embarrasses US

ANALYSIS

05/03 Australia reports fourth-quarter GDP growth of 1.3%, supported by exports

The GDP growth beat expectations of 1.2% from economists polled by Reuters.

24/02 The US dollar deposit interest rate bids farewell to the 4% era. What other foreign currency financial management opportunities are there?

The US dollar deposit interest rate bids farewell to the 4% era. What other foreign currency financial management opportunities are there?

16/02 Trump’s secret plot to screw Aussies over

When the first shot was fired in what would become the American Civil War at the Battle of Lexington and Concord in 1775, it came to be referred to as “the shot that was heard around the world”.

13/02 Could Trump’s tariffs see the RBA hold rates

Mortgage holders’ long-awaited rate cut could be put on hold as Australia’s central bank deals with the uncertainty of Donald Trump’s latest tariff plans.

03/02 World on knife’s edge as Trumpism sets in

The world economy is heating up as overseas markets begin to feel the weight of US President Donald Trump’s sweeping changes as commander-in-chief.

03/02 Asian currencies weaken as U.S. dollar strengthens after Trump levies tariffs on several countries

On Saturday, Trump imposed a 10% duty on Chinese exports to the U.S, and 25% tariffs on Canada and Mexico, two of its top trading partners.

29/01 How homeowners could score $8,000 discount on mortgage

Homeowners can look forward to interest rate cuts of $8,000 a year on average by the end of 2026 but the RBA could delay a rate cut in February until more economic data is available.

15/01 Dollar rally pauses ahead of U.S. inflation test

The dollar hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day.

12/01 ‘Getting painful’: Fears as Aussie dollar tanks

Well, we all got $100 poorer over Christmas.

10/01 The dollar keeps going higher. Investors are using these ETFs to get a piece of the rally

Two funds that serve as bets on a strong dollar have seen strong investor interest in recent weeks.

09/01 ‘Vulnerable’: Panic as Aussie dollar tanks

The falling value of the Australian dollar relative to the US dollar has been making waves in recent weeks, with our currency nearing its post-pandemic lows.

05/01 Aussie dollar crashes to five-year low

Experts have warned that the Australian dollar could continue to plummet even further after falling sharply to a near-five-year low last week.

03/01 ‘Painful to watch’: Chaos, fights at popular tourist spot in Japan

A popular town in Japan is so overwhelmed by tourists who are causing “chaos” in the hunt for the perfect photo that it has been forced to take action.

02/01 Aussie dollar drops near Covid low

The Aussie dollar has fallen sharply again, hitting a near-five-year low that is the worst seen since the Covid pandemic.

23/12 Euro edges down, dollar hovers around two-year high

The dollar held steady Monday, sitting near a 2-year high.

20/12 Grim update as ASX sell-off continues

The Australian sharemarket closed the weeks trading down again, following a strong pullback on Thursday as investors take into account less-favourable news.

19/12 Aussie dollar smashed after US cuts rates

The Australian dollar has plummeted to a one-year low after the US cut interest rates again but signalled a slower pace of cuts ahead, triggering a sell-off in financial markets and causing the US dollar to rally.

18/12 ASX trades flat ahead of US rate cut

The Australian market traded sideways during Wednesday’s trading, as investors await the next rate cut decision out of the United States.

17/12 Facebook-parent Meta settles with Australia's privacy watchdog over Cambridge Analytica lawsuit

Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia's privacy watchdog said on Tuesday.

05/12 Is it time to short the dollar? UBS and others think so

Investment banks suggested trade ideas against the euro, British pound and Swiss franc.

04/12 A large number of Chinese brand electric cars are pouring into Australia, Tesla is "under great pressure"! Australia's per capita GDP has declined for 7 consecutive quarters! To ease the pressure of living costs, Australians have become a trend to move to

A large number of Chinese brand electric cars are pouring into Australia, Tesla is "under great pressure"! Australia's per capita GDP has declined for 7 consecutive quarters! To ease the pressure of living costs, Australians have become a trend to move to the countryside

04/12 ‘Gloomy’: Aussie dollar will crash to 50 cents

The year 2001 called. It wants its 0.5 cent Australian dollar back.

05/11 U.S. dollar rises slightly Tuesday night as presidential election winds down

The foreign exchange market could be one of the first areas of the financial system to react as election results roll in.

24/10 The exchange rate today, November 3; Half a dollar became 49 thousand 15 tomans

Meanwhile, today (Thursday, November 3, 1403), the official price of the US dollar was announced by the central bank as 50 thousand 388 tomans for each one-dollar bill, and the remittance price of the US dollar has reached 49 thousand 15 tomans.

16/10 ‘Unacceptable’: Unspoken rule in Japan that Australian tourists need to know

Japanese people have a solid reputation for politeness.

06/08 Reserve Bank keeps interest rates on hold at 4.35 per cent

The Reserve Bank has kept rates steady at 4.35 per cent for another six weeks, amid a dramatic spike in volatility in financial and stock markets.

29/04 Currency that Aussies should exchange now

If you’re heading to Japan or planning a trip to the popular destination in the near future, exchange your Aussie dollars now.

27/04 Aussie petrol prices hit all-time high

Petrol prices have hit record highs across major capital cities, with the spike in prices a result of rising wholesale costs, high oil prices and a weak Australian dollar.

22/04 Live: ASX tipped to open higher, Wall Street has positive session

The ASX200 is expected to jump higher on the opening bell, Wall Street's three major stock markets all finished higher overnight. Follow live.

18/04 Live: ASX to open weakly, US records another strong jobs report

Australia's stock market is tipped to have a weak start to the day, after another strong jobs report in the US overnight raised the prospect that the US Federal Reserve will delay any planned rate cuts. Follow live. 

16/04 Bourse tumbles as stocks follow Wall St

Australian shares followed Wall Street sharply lower on Tuesday after hot US retail sales data pushed traders to scale back their rate cut bets and fears of escalating tensions in the Middle East weighed on markets.

02/04 Qantas launch first route in 50 years

Qantas airlines have announced they will be launching a new international route, which the carrier has not had in the sky for almost 50 years.

01/04 Live: ASX tipped to open slightly higher, US records stronger-than-expected manufacturing activity

The ASX200 is tipped to open slightly higher today, on its first day back from a four-day Easter break, after a mixed session on Wall Street overnight.

01/04 Jetstar’s country-first route to major city

Jetstar has brought back a popular route between two major cities.

17/03 Albanese slammed over UNRWA funding call

The Albanese government’s decision to restore funding to the United Nations’ aid agency designated for Palestinian refugees has been slammed by Coalition home affairs spokesman James Paterson.

15/03 Competition for Bali as Aussies’ interest in this country soars

Australians’ obsession with Japan was not just a summer fling.

08/03 ASX surges to reset record as banks rally

Buoyed by the big four banks, which soared to record or multi-year highs, Australian shares reset their records to close the week as traders bolstered their bets of rate cuts through the second half of 2024.

14/02 ASX marred by cost of living pressures

The Australian sharemarket fell for the third day in a row as major banks warn Aussies about the ongoing cost of living pressures.

07/02 ASX ends higher as Santos falls

Woodside walked away from a deal with Santos while NAB announced a new boss, as the Australian sharemarket climbed on Wednesday.

30/01 ASX nears record high

The Australian share market extended its gains on Wednesday for a seventh straight day, it’s longest streak in six months.

30/01 Australian airfares halved when this happens

The price of plane tickets are halved when travellers can choose between three airlines on a route rather than one, research by the government’s new Competition Taskforce has revealed.

29/01 ASX rallies on energy stock surge

The Australian share market extended its positive run on Monday, notching six consecutive sessions in the green, as energy stocks rose after a re-escalation of tensions in the Middle East.

27/01 ‘Obvious’ reason Aussies can’t stop going here

With Japan dethroning Bali as Australia’s favourite holiday destination, are we ditching the Bintang for Sake in the search for a more diverse, rich, cultural experience post-Covid?

12/01 ASX edges lower despite oil surge

The share market edged lower on Friday after hotter-than-expected US inflation numbers raised doubts over the timeline of rate cuts by the US Federal Reserve while tensions in the Red Sea flared.

21/12 Airbnb admits misleading Australian customers by charging in U.S. dollars instead of local currency

Federal Court Justice ordered Airbnb to pay a AU$15 million fine within 30 days for breaching Australian consumer law, plus AU$400,000 in prosecution costs.

20/12 Australian shares near record high

Following a record breaking session on Wall Street overnight, Australian shares extended their gains on Wednesday to near record highs.

19/12 Live: Australian stocks to open higher, Wall Street has another positive session

The ASX200 is tipped to open higher, following another positive trading session on Wall Street overnight. Follow live. 

14/12 Bali slips popularity as interest in this country soars

Bali is one of Australian travellers’ favourite destinations but it looks like it’s not a top pick for holiday-makers this festive season.

07/12 This country beat Bali as Aussies’ no.1 travel destination

Bali has long been Australians’ top pick for international travel — beautiful beaches, warm climate, similar time zone, it makes sense.

07/12 Fuel prices for Christmas revealed

Christmas has come early for commuters this year, with fuel prices in most capital cities trending downwards just in time for the silly season.

06/12 ASX surges as traders bet on rate cuts

The Australian share market soared on Wednesday with the benchmark posting its biggest daily gain in more than a year on hopes that the Reserve Bank is done raising rates.

02/12 Why the Aussie dollar is soaring

For anyone planning a trip to the US in the coming months, the sudden and substantial increase in the Australian dollar will come as welcome news.

30/11 This stunning aircraft radar image exposes major fails by Qantas and Virgin

Analysis of domestic flight data in the United States puts the performance of Australia’s two largest airlines to shame and reveals passengers are being treated as mugs, experts say.

27/11 Australia appoints Bank of England's Andrew Hauser as new Reserve Bank of Australia deputy head

Hauser, the executive director of markets at the BoE, is expected to start his five-year term before the first RBA board meeting next year.

22/11 Startling proof Australia is totally stuffed

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.

20/11 Rare Aussie coin to sell for $120k

An extremely rare Australian coin from the first batch of currency to be minted Down Under is expected to sell for $120,000.

03/11 ASX climbs 2.2 per cent over week

The Australian share market extended its gains for the third consecutive day on Friday to close 2.2 per cent higher over the week of trading.

31/10 Reason Aussies won’t go here over Christmas

It may come as no surprise that Aussies are obsessed with Bali, with the Indonesian hotspot topping the most popular destinations for end of year travel plans.

30/10 Way Aussies fly to Europe about to change

Qantas is launching new non-stop flights between Australia and Europe – giving Aussie travellers seeking out a European summer the option to book a “circle fare”.

26/10 Travelling overseas to skyrocket today

Qantas and Jetstar will increase the cost of flights from Friday, as the airlines battle the increasing cost of fuel.

26/10 Surprise sale before Qantas, Jetstar hike airfares

There is less than 24 hours to score discounted Qantas airfares starting from $99 in the airline’s surprise domestic sale before it hikes ticket prices on Friday.

22/10 Qantas prices set to soar

Qantas flight prices are set to soar as the national airline passes on rising costs to its customers.

19/10 New country Australia is using to become rich

In the long history of bilateral ties between Australia and India, relations have generally been warm between the two nations. In more recent years, amid the rise of India as one of the world’s largest economic powers and the growing Indian migrant population in Australia, the relationship between New Delhi and Canberra has taken on an even greater degree of importance.

19/10 Australian dollar falls dangerously low

ANALYSIS

17/10 Australia's central bank considered raising rates in October, RBA minutes show

The RBA concluded that there was not enough new information from financial markets or economic data to adjust its monetary policy.

09/10 Israel war could see our petrol price soar

Australians are bracing for the possibility of a jump in petrol prices following the outbreak of war in the Middle East between Israel and Palestine.

04/10 Dire warning as Aussie dollar plunges

ANALYSIS

03/10 Greenback keeps on climbing, dollar index at 10-month high

The dollar index, which tracks the unit against six peers, was up 0.13% at 107.16, at its highest since November.

29/09 Interest rate rise looms as fuel prices rise

Since headline inflation peaked in December of last year, one of the driving forces behind inflationary pressures moderating has been the drop in fuel prices. After peaking in June last year, fuel prices have been placing varying degrees of downward pressure on this consumer price index (CPI/0 component ever since.

27/09 Live: Local market tipped to open lower, new retail trade and job vacancies data to come

Australia's stock market is expected to have a lacklustre morning after another mixed session on Wall Street overnight.

26/09 Qantas’ surprise $80m customer service move

Qantas has announced it will invest a further $80 million — on top of its budgeted $150 million — to further improve its customer service.

25/09 Qantas issues airfare warning

A rise in airfares is on the cards for Qantas customers if the cost of jet fuel remains high, the airline has cautioned.

18/09 Japan's yen in spotlight ahead of 'live' BOJ meeting

The BOJ's policy meeting on Friday is the highlight of the week in Asia, after Governor Ueda stoked speculation of a move away from ultra-loose policy.

15/09 Dollar firm as markets eye China data

Market focus now turns to a dump of economic data out from China in the Asian morning, including retail sales and investment growth.

11/09 Fears mount over the cost to Australia of China’s economic ‘crisis’

The saying goes that when China sneezes, Australia catches a fiscal cold – and if that adage holds true now, some fear our economy is in for an especially nasty illness.

05/09 RBA holds, but inflation war not over

ANALYSIS

31/08 ‘Debt spiral’: Property giant faces collapse

China’s biggest property developer is on the brink of ruin after revealing a record first-half loss of $A11 billion.

30/08 Burger King photo sparks Bali scam warning

Aussie travellers are being warned to be on the lookout for a new type of scam in Bali, after a woman claimed she foiled an attempt to rob a father and son in the Kuta Burger King.

28/08 Surprise suburb hit worst by mortgage crisis

Borrowers in affluent South Melbourne are among the most mortgage stressed in Australia, new data has revealed.

25/08 ‘Pressure’: Sign Aussie dollar is doomed

When the RBA hands down its decision on interest rates on the first Tuesday of every month (excluding January), it is sometimes perceived as an all-powerful organisation handing down its judgement from on high to the rest of us.

21/08 Dollar gains intact as China disappoints, traders eye Jackson Hole

Apart from waiting for news of stimulus in China, the upcoming Jackson Hole symposium is markets' major focus and may set the direction for U.S. yields.

18/08 ASX closes flat, worst week in 11 months

The Australian sharemarket closed flat at the end of the Friday trading session in its worst week in almost year as concerns over China’s deteriorating economic outlook continued to intensify.

18/08 Fears Aussie dollar bloodbath not over

The Aussie dollar may have further to fall economists have warned, as the country’s slowing economy and a deteriorating outlook in China weighs heavily on markets.

18/08 Safe-haven dollar hovers around 2-month high on China woes, high rates fear

Minutes from the Federal Reserve's last meeting showed this week that most members of the rate-setting committee continued to see "significant upside risks to inflation," suggesting a bias toward further rate increases.

17/08 ‘Running scared’: China’s $4.7 trillion crisis

China’s economy is tanking. Investors are running scared. Consumers are stashing their cash. And everybody’s afraid of what Chairman Xi Jinping’s next arbitrary reaction will be.

17/08 What local told Aussie before scam

Aussies have wasted no time heading overseas this year, and while it’s easy to get caught up in the excitement, travellers have been warned to be mindful of scams.

17/08 Aussie dollar in free fall amid bloodbath

The Australian dollar has continued a major downward spiral today — dropping almost a full percentage point on Thursday to a nine-month low of US63.64 cents.

16/08 ‘Sinking fast’: How low Aussie dollar will go

The Titanic was an unsinkable ship that became the greatest metaphor for human folly in the 20th century.

08/08 ‘Astronomical’: Warning for Aussie dollar

A top investment strategist has predicted the Australian dollar will drop to a record-low of US 40 cents in as soon as five years, as the world begins to enter a global recession.

07/08 Economist claims Australian dollar could hit 40 US cents

David Llewellyn-Smith, the chief strategist at MB Super and Nucleus Wealth, is expecting the Australian dollar to sink to levels unseen since it was floated almost four decades ago.

02/08 Aussie stock market plunges into red

The Australian sharemarket has had a surprisingly bad day as a result of Fitch cutting its US credit rating coupled with the Australian dollar dropping.

16/06 Rare 20c coin worth as much as $4000

A Perth-based TikToker and numismatist has revealed the tiny detail on a rare 20c coin that can fetch eye-watering prices of up to $4000.

13/06 Philip Lowe is right that productivity is falling. But the solution isn't simply for workers to work harder

Of all the things Australians can do to boost productivity, working harder is one of the least likely to make a difference, writes Peter Martin.

07/06 Live: ASX expected to lose ground on opening, as recession warnings get louder

The ASX200 is expected to lose ground this morning, while economists warn that a recession has become likelier for Australia.

18/05 Crypto giant Binance booted off PayID system and banned by Westpac

Binance, the world’s largest crypto exchange, has been booted off a large Australian payments service and banned by Westpac in a bombshell day for the company.

12/05 Grim sign for Australian mortgage holders

ANALYSIS

13/04 Grim prediction for homeowners next month

A red hot labour market is expected to put pressure on the Reserve Bank to hike interest rates at its next board meeting.

30/03 Panic as Brazil, China ditch US dollar

Brazil has just cut a deal with China to ditch the US dollar when paying each other for trade goods. It’s the latest victory in Beijing’s long-term drive to stomp on the greenback and establish the yuan as the dominant international currency.

28/03 ‘Didn’t know’: Bali scam targeting Aussies

An Australian woman has warned fellow Aussies travelling to Bali about a “coin scam”.

10/03 Peak of Aussie interest rates revealed

Earlier this week the RBA raised interest rates for the 10th consecutive meeting, with rates now sitting 3.5 per cent above where they were when the rate rise cycle began.

22/02 Live: Earnings data to be released today, amid reporting season and US inflation jitters

Average weekly earnings data will be released today, adding to what we learned yesterday about how quickly wages are going backwards in the face of inflation. Stay with us for all the latest news.