Annette Beacher

Alan Kohler: Annette, you had a nice line this week saying that the RBA cut to one and a half percent but nobody told the Australian dollar. And in fact, it’s gone back above seventy-seven. What is going on? Annette Beacher: Well, I guess we have to take a little bit of a step back. Just looking at some of the charts, I mean, really Aussie bottomed out about a month ago at seventy-four and a half, and with a few fits and starts it’s been more or less on an upward trajectory since then. So, the RBA’s cut did

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