MENU

Fun & Interesting

Why is the Aussie dollar plunging? | The Daily Aus

The Daily Aus 192,427 4 weeks ago
Video Not Working? Fix It Now

The Australian dollar has hit a five-year low of 61.84 US cents this week - a level last seen during the early stages of the COVID pandemic. With Donald Trump’s move into the White House - and the potential for harsh tariffs on Australia’s major trading partners - only a few weeks away, the currency plunge has sparked fears amongst Australian commentators, some politicians, and financial experts.But what does a dropped Australian dollar actually mean for us - not just when we’re planning a trip overseas, but in day-to-day life? Why is it happening now? Is there real reason to panic? To find those answers, Sam is joined by the Australia Institute’s Greg Jericho. Host: Sam Koslowski Guest: Greg Jericho Producer: Elliot Lawry Want to listen to more episodes of The Daily Aus' podcast? Follow us: Spotify ► https://spoti.fi/46UTaD7 Apple ► https://apple.co/3MiPu4I The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Support us by subscribing to our channel here: https://bit.ly/3l6IFpt Or check out our other platforms here: Website ► https://thedailyaus.com.au Instagram ► https://instagram.com/thedailyaus TikTok ► https://tiktok.com/@thedailyaus Note: Captions are auto-generated #news #podcast #thedailyaus

Comment