The Australian Exchange Rate By: Dontae Smith Introduction: What factors affect the demand and supply of Australian dollars in the foreign exchange markets? Distinguish between the possible causes and effects of currency depreciation and a currency appreciation on the Australian economy. What forces have come into play‚ if any‚ in the past four months that have affected the value of the Australian dollar? Exchange Rate: "The rate at which one unit of domestic currency is exchanged for a given
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With the introduction of the Australian National Curriculum into all education systems across the country‚ many questions and debates have occurred in reference to its effectiveness. From the often perceived conflicting curriculum definitions to the unfortunate failures of past attempts of curriculum implementation‚ every member of the community has an opinion on this significant shift in the way Australia thinks of its children’s education (Rudd‚ 2007). The Australian Curriculum however‚ has attempted
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Appreciating Australian Dollar Essay Discuss the impacts on the Australian economy of a sustained appreciation of the $A The Australian economy can fluctuate due to many factors‚ but exchange rates in particular can have great influences on the economy. Over the last two decades the dollar has been appreciating at a sustainable rate‚ because demand of the $A is increasing and supply of $A is decreasing‚ which has seen such effects as a worsening of the CAD‚ reduction in GDP along with a few
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How does the staging of Australian plays help us gain a better understanding of ourselves and our different cultural and social contexts? The staging of Australian Drama and Theatre allows an enhanced understanding of ourselves and our different cultural and social contexts. Dorothy Hewett’s (1972) play‚ The Chapel Perilous and David Williamson’s (1971) play The Removalists both reveal sometimes disturbing social and cultural contexts within Australian society of the time of the play’s production
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Persuasive Speech Almost twenty five percent of Australian residents were born outside of Australia. Then why do we proudly show this absurd flag that only represents our connections and history with Britain? A flag is a symbolic representation of its nation and people. We need a flag that can better reflect the values of the twenty first century Australia. I have created a new Australian flag that acknowledges all of its people and that reflects its status as a fully independent country but is still
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The Current Australian flag is in need of a change because it leaves certain elements out that are crucial to the Australian Identity. The current flag represents a blue ocean which symbolises Australia as an island. The first component is the Union Jack‚ illustrating the link with Britain being our mother land. The second aspect is the Southern Cross‚ representing Australia because the constellation can only be seen from the southern hemisphere and is a reminder of Australia’s geography. The Commonwealth
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A. Migration Policy Overview It is pretty sure that Australia has a rich migration history (Migration Heritage Centre‚ 2012). In 1788‚ when European settlement began‚ Australian aboriginal population was about 40 thousand. Today‚ over 24 million people live in Australia. Attitudes to migration‚ however‚ have changed considerably. The first immigration law enacted by the federal government was the Immigration Restriction Act of 1901. This act‚ a symbol of infamous ’White Australia’‚ was designed to
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An Australian Icon An Australian Icon is defined as “an image or symbolic representation‚ which often holds great significance and importance to the Australian culture.” Every country has icons that represent their culture and values; Nelson Mandela is an example of a South African icon but also an icon of the world‚ who represented statesmanship‚ courage‚ freedom and equality against apartheid. Australia also has many significant icons such as the Sydney Opera House‚ Uluru‚ vegemite‚ Ned Kelly
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oversimplified standardised image or idea. The Australian stereotype‚ as thought of by other countries mainly consists of kangaroos‚ koalas‚ boomerangs‚ Crocodile Dundee‚ didgeridoo‚ crocodiles‚ dingoes‚ convicts‚ footy‚ Crocodile Hunter‚ the outback‚ g’day mate‚ crickey‚ bugger‚ etc. The Australian stereotypes that emerged from colonial texts‚ such as ‘The Man from Snowy River’‚ ‘The Ballad of the Drover’ and ‘The Wild Colonial Boy’‚ portrayed Australians as brave‚ courageous‚ passionate‚ determined
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Non-residents: * Section 6-5(3) ITAA97 states that assessable income includes ordinary income derived directly/indirectly from all Australian sources during income year * Section 6-10(5) ITAA97 states that assessable income includes statutory income from all Australian sources. Definition of resident: Section 995-1 ITAA97 provides that an Australian resident means a person who is a resident of Australia for purposes of ITAA1936. Section 6(1) ITAA1936 contains tests of residency for
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