Australian dollar hits 29-year high
The Australian dollar has hit a near 30-year high. That makes Oz more expensive for UK tourists. A year ago £1 bought you $1.65 Oz dollars. Today one British quid buys you around $1.55. But that's nothing if you were to roll back to the start of 2008. Then £1 bought you $2.26. Clearly the Oz economy is rocking. Why?
