Exchange rates do more than just affect your holiday budget—they shape the entire Australian economy. In this episode, we unpack how exchange rates function and why their movements matter. From influencing the prices of imports and exports to shaping inflation, employment, and economic growth, you'll learn how currency appreciation and depreciation ripple through trade, investment, and the balance of payments. We also explore the time-lagged impacts on foreign debt and income. Whether you're a student, investor, or curious mind, this episode will give you a solid grasp of how currency shifts affect real economic outcomes.

Source: https://www.rba.gov.au/education/resources/explainers/

Ever wondered why the value of the Australian dollar rises and falls? In this episode, we dive into how Australia's floating exchange rate works and the key factors that drive it—from long-term influences like interest rate differentials, commodity prices, and trade balances, to short-term pressures like global risk sentiment and market speculation. We also explore the role of the Reserve Bank of Australia in stabilizing the currency when markets go off track. Tune in to get a clearer picture of how global forces shape the Aussie dollar and what it means for the economy.

Source: https://www.rba.gov.au/education/resources/explainers/

Can unemployment ever be too low? In this episode, we explore the Non-Accelerating Inflation Rate of Unemployment—or NAIRU—a key economic concept used to gauge how low unemployment can go without triggering rising inflation. You'll learn how the NAIRU helps central banks like the RBA make informed monetary policy decisions, and why it's central to debates about full employment and price stability. We also unpack the many forces that influence the NAIRU, from globalisation and technology to worker bargaining power and long-term unemployment. This episode is perfect for anyone wanting to understand the balance between jobs and inflation in a modern economy.

Source: https://www.rba.gov.au/education/resources/explainers/