The Daily Aus Headlines: Aussie dollar slumps to five-year low
Apr 7, 2025
The Australian dollar has plummeted to a five-year low, sparking discussions around economic implications. Meanwhile, the Coalition backtracks on plans to enforce public servants' return to the office. Conflict in Gaza is addressed with an examination of a tragic strike that claimed 15 first responders. On a brighter note, new research shows a remarkable 39% reduction in plastic pollution along Australia’s coastlines, offering a glimmer of hope for environmental progress.
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Aussie Dollar Slumps
- The Australian dollar plunged below 60 US cents, a five-year low, due to Trump's tariff announcements.
- This caused a global market downturn, mirrored by a 4% drop in the ASX 200.
Coalition Backflips on APS Office Return
- The Coalition reversed its promise to mandate full-time office returns for Australian Public Service employees.
- They clarified no policy changes flexible work in the private sector.
Israel Investigates Gaza Strike
- Israel will investigate a strike that killed 15 first responders in Gaza after initial reports proved inaccurate.
- Footage contradicted claims about the convoy's lack of emergency signals, revealing flashing ambulance lights.