The Distillery: Dollar weight watchers

Jotters are happy with the current weight of the dollar while the government's financial inquiry continues to drum up interest.

The local currency was on yet another downward spiral last week as Reserve Bank of Australia governor Glenn Stevens pushed ahead with attempts to talk the dollar down. Previous falls of such magnitude have been quickly followed by a recovery, though several commentators believe the currency may have found its right place and one scribe contends the RBA now has more firepower to keep it there.

Meanwhile, the government’s financial inquiry continues to drum up interest, with commentators continuing to ponder whether the appointment of David Murray was a shrewd one.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles