Dollar drops on weak retail figures
The Australian dollar has dropped on the back of a lower than expected increase in retail sales, with purchases taking a dive for department stores and household good retailers.
The Australian dollar has dropped on the back of a lower than expected increase in retail sales, with purchases taking a dive for department stores and household good retailers.
New survey data has revealed that female entrepreneurs in the Pacific are having more success at breaking into the export market than their Australian counterparts.
The latest DHL Export Barometer has found exporters are gaining confidence whilst learning to manage the strong Australian dollar, international competition and rising raw material costs.
Small businesses, especially those in retail and manufacturing, hold great concern over the impact the high Australian dollar will have on operations during the June quarter.
We’re always hearing about how the Australian dollar compares to the US dollar, and its value is vital to many in the business world. But how many of us actually know what drives the Aussie dollar? A Forex expert explains.
SME business confidence slid again in the September quarter, with many reporting feeling less optimistic about future activity thanks to volatility in global financial markets and the high Australian dollar.
A new Australian website is bringing the best American merchandise bargains to local shoppers keen to take advantage of the strong dollar.
Concerns about the impact of the rising Australian dollar have been subdued by a new report that shows high visitor expenditure expected in Sydney and Melbourne.
The Australian dollar has slipped below parity with the US dollar overnight, trading as low as US 99.961c overnight, remaining below parity in morning trade.
There has been much talk and speculation recently with the Australian dollar hitting parity twice with the US dollar in the last month alone (the last time parity occurred was in July 1982).