While the Aussie dollar
has strengthened by about 20 per cent since 2009, and half Gorgon's costs are in the currency, oil prices are up about 80 per cent in that time.
4 Aussie dollars
during 2008, that has fallen by more than a third to 1.
finished fourth and progressed further when last seen at Kempton just 13 days ago.
One Aussie dollar
buys one Aussie dollar
's worth of anything in Oz.
Who's on the Money is a clear presentation of the facts surrounding the formulation and development of our Aussie dollar
, as well as a thoughtful presentation of the stories behind the faces that we see so regularly, perhaps without knowing who and why.
Across the ditch it seems that the consistent strength of the Aussie dollar
and "dampened economic conditions" have tempered export confidence, with sales forecasts for the next 12 months down by ten percentage points on the November 2004 results.
Australia offers a great quality of life - good weather and good value on the part of the Aussie dollar
The dramatic ECB and Bank of Japan QE ensure that dollar strength will continue in 2015, meaning that commodities currencies like the Aussie dollar
, Canadian dollar, Malaysian ringgit and South African rand will continue to depreciate.
Figures from the central bank showed that it was looking to trim down a rebounding Aussie dollar
, as it was among the biggest threats to an economic recovery as a mining slowdown deepens.
As per SSgA's head of SPDR ETFs in Australia Amanda Skelly, "The value of the Aussie dollar
relative to other currencies, like the US dollar, has historically been very volatile and this can have a significant impact on the value of an investor's international investment.
While the decision to keep interest rates unchanged had been widely expected, the Aussie dollar
dropped in reaction to the Reserve Bank of Australia's statement that the local currency was still high, despite its recent slide.
The Aussie dollar
has started the week on the back foot, struggling to retain parity against the greenback," said CMC Markets trader Niall King.