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Published on: Friday, February 20, 2009

Why is the Aussie economy in a better position than most Western economies? This is one reason and it’s offered by Craig James of CommSec: “One key factor is the adjustment of the Australian dollar. The global economy has slowed, commodity prices have fallen, so the Aussie dollar should fall. And it has. The lower Aussie dollar is providing valuable support for our exporters at a difficult time. Certainly exporters in Japan, the US and even Europe haven’t had the same support.” 


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