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Why a tumbling Aussie dollar is good news for mortgage holders

Australia News

The Australian dollar has fallen to its lowest level in nine months, wreaking havoc on the sharemarket. Investment Portfolio Manager Jun Bei Lu says it’s down to two factors: a higher-than-expected unemployment rate and the slowing of China’s economy. In other news, disparity between men and women’s sport is under the spotlight, with Prime Minister Anthony Albanese urged to provide more funding and support for women’s sport.

Credit 9 News Australia

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