Why is the Aussie dollar plunging?

The Daily Aus

The Australian dollar has hit a five-year low of 61.84 US cents this week - a level last seen during the early stages of the COVID pandemic. With Donald Trump’s move into the White House - and the potential for harsh tariffs on Australia’s major trading partners - only a few weeks away, the currency plunge has sparked fears amongst Australian commentators, some politicians, and financial experts.But what does a dropped Australian dollar actually mean for us - not just when we’re planning a trip overseas, but in day-to-day life? Why is it happening now? Is there real reason to panic? To find those answers, Sam is joined by the Australia Institute’s Greg Jericho.

Host: Sam Koslowski
Guest: Greg Jericho
Producer: Orla Maher

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