The Australian dollar has hit a five-year low of 61.84 US cents this week - a level last seen during the early stages of the COVID pandemic. With Donald Trump’s move into the White House - and the potential for harsh tariffs on Australia’s major trading partners - only a few weeks away, the currency plunge has sparked fears amongst Australian commentators, some politicians, and financial experts.But what does a dropped Australian dollar actually mean for us - not just when we’re planning a trip overseas, but in day-to-day life? Why is it happening now? Is there real reason to panic? To find those answers, Sam is joined by the Australia Institute’s Greg Jericho.

Host: Sam Koslowski
Guest: Greg Jericho
Producer: Orla Maher

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The Australian dollar has hit a five-year low of 61.84 US cents this week - a level last seen during the early stages of the COVID pandemic. With Donald Trump&rsquo;s move into the White House - and the potential for harsh tariffs on Australia&rsquo;s major trading partners - only a few weeks away, the currency plunge has sparked fears amongst Australian commentators, some politicians, and financial experts.But what does a dropped Australian dollar actually mean for us - not just when we&rsquo;re planning a trip overseas, but in day-to-day life? Why is it happening now? Is there real reason to panic? To find those answers, Sam is joined by the Australia Institute&rsquo;s Greg Jericho.
Host: Sam Koslowski Guest: Greg Jericho Producer:&nbsp;Orla&nbsp;Maher
Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.
The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.
Want more from TDA? <a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a> <a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a>
Have feedback for us? We&rsquo;re always looking for new ways to improve what we do. If you&rsquo;ve got feedback, we&rsquo;re all ears.&nbsp;<a href="https://thedailyaus.typeform.com/to/D0EhJI4S">Tell us here</a>.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.

TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.
TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast that breaks down issues important to young people in Australia.

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The Daily Aus podcast is a five-minute entree to your news diet, and is presented by co-founders Sam (27) and Zara (25). Join them every weekday morning as they cover the news of the day in your language and take a deep dive into the biggest story of the day so that you’re armed with talking points when you meet your blind date, get caught chatting in the coffee line or have to face the in-laws. Over 400,000 Australians get their news from The Daily Aus on Instagram, and now they're hitting your headphones.

Why is the Aussie dollar plunging?

https://api.omny.fm/orgs/fa326977-3de5-4283-9b8b-af3500c58607/clips/df2c6177-e3f9-4c41-9751-b25e0067b5cb/transcript

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