Sentences with phrase «australian dollar decline»

CHAMP has been increasingly active in transactions involving Accolade, leading some in the investment markets to believe it may soon exit the wine industry as the Australian dollar decline supercharges profits from its Australian export operations.

Not exact matches

The long and steady decline in the Australian dollar from $ 0.93 to $ 0.69 has paused and developed a significant reversal pattern.

The decline has been the first major fall since mid 2003, with the Australian dollar currently about 9 per cent below its peak (Graph 25).

In contrast to the strength in volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import prices.

The decline in earnings over the past year owes largely to a fall in Australian dollar prices, as the appreciation of the Australian dollar has more than offset rising world commodity prices evident since mid last year (see section on commodity prices and the terms of trade below).

Moreover, the appreciation of the Australian dollar has led to declines in the prices of a number of intermediate goods, and there are some signs that it is already flowing through into consumer prices for imported goods.

This decline reflects both the general weakness in the world economy and the appreciation of the Australian dollar over the period.

Hence, as a result first of large depreciations of a number of Asian currencies during the Asian crisis of 1997 and 1998, and then their more recent decline with the US dollar, the Australian dollar is now some 60 per cent higher than its post-float average against a group of Asian currencies (Graph 23).

In early June, however, the Australian dollar's fall accelerated, causing it to decline even against the yen, which was itself falling sharply.

The major short - term influence on the inflation outlook continues to be the substantial decline in the Australian dollar over the past year.

After declining to low levels in 1997, consumers» inflation expectations, as surveyed by the Melbourne Institute, increased slightly in the first half of this year, most probably in anticipation of the impact of the lower Australian dollar on prices.

The decline in the relative price of imports resulting from the appreciation of the Australian dollar has also provided some impetus to growth.

Despite the continued weakness in commodity markets, the further decline in the Australian dollar against the major international currencies has meant that, in domestic - currency terms, commodity prices have remained roughly stable in recent months.

The decline in the Australian dollar has played into the hands of the US - based private equity bidders, with each 1 cents drop delivering a $ 2.3 million injection to the company's profits.

Says Australian dollar above most estimates of its fundamental value, particularly given declines in some key commodity prices.

Another positive was the Australian dollar's decline against the US dollar.

WCB chief executive David Lord said strong international dairy commodity pricing and demand and the declining Australian dollar were a tailwind for earnings.

Hockey has to hope that business will help by steadily investing more in other sectors of the economy, even as investment in the resources sector declines while the Australian dollar continues to lose value.

The Australian dollar could face a benign collapse to US66 cents by the end of next year amid falling commodity prices, declining mining investment and Financial Astrological predictions by Mahendra Sharma.

During 2013, for example, the Canadian dollar declined against the euro, the pound and the Swiss franc, but appreciated against the yen and Australian dollar (see chart above).