Shelter from an Aussie dollar storm

Events in the US and Europe have made the Australian dollar vulnerable. But many ventures in jeopardy can be made safe if workers and managers combine to change work practices.

The election of a hard left socialist president in France is one of a series of events that threaten the current high level of the Australian dollar over the long term.

Meanwhile, Australian enterprises are making are making long-term productivity decisions that are based on the dangerous assumption that the Australian dollar will stay high. I think our dollar is very vulnerable.


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