Business

Bank Robbery Offshore

Poor AUD Interest Rates for Expat Australians

Offshore Term Deposits - A poor deal for Australian expats and offshore investors

Australian banks consistently offer poor value to Australian expatriates and foreign investors wanting to place cash in Australian dollar term deposits and at call accounts.  The rates in the Australian domestic market continue to provide much better returns on your money, evening having regard to the

The Dollar Continues to Slide

Australian Dollar softens

The chart below, borrowed from our sister site Exfin,  looks at how the Australian dollar has performed against 4 major currencies - the USD, GBP, Euro and JPY - over the past two months to the end of July, 2013.