Play
Stop
 
 
Image: Shutterstock - Motortion Films

Many blame the deep trouble China’s real estate sector is mired in, but despite good employment figures the AUD has shed almost 4 cents on its sudden way down.

This has happened very quickly, and speculation as to the extent of the fall is difficult to get any economist to commit to.  If this adjustment continues for any significant period tougher times are ahead as imports rise in cost and exports to China dry up.

(Visited 33 times, 1 visits today)
Download Audio

The Wire is produced in partnership by

Contributor Stations

Supporters and Program Distribution