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Finance News, Comments & Advice
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Positive outlook for Australian dollar
The Australian dollar is currently trading at 90 US cents. Economists are predicting that the Australian dollar is worthwhile investing in as they predict that it will be equal with the US dollar within a year. With the Australian dollar being so strong it will mean lower inflation from cheaper consumer goods and petrol. It will also be easier to repay our international debt. On the flip side the returns for farmers and miners will be lower.