Economy undergoing ‘painful adjustment’
The shedding of 1000 jobs at BlueScope Steel is a stark reminder that a strong Australian dollar is not all about cheap overseas holidays and big screen TVs.
The shedding of 1000 jobs at BlueScope Steel is a stark reminder that a strong Australian dollar is not all about cheap overseas holidays and big screen TVs.
The Australian dollar strengthened by more than half a cent to the US dollar, after the sentiment of the market started looking very positive for a change.
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