History of the Australian dollar
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The Fairfax metros are running a series of articles celebrating the thirty year anniversary of the dollar float:
- Peter Martin writes about what took place behind the scenes before the Australian dollar was floated in 1983.
- Senior writer Matt Wade writes on how the currency’s ebbs and flows have played on the national psyche.
- Sarah Whyte on the link between consumer sentiment and the dollar.
- Matt Wade again on how having a floating exchange has stabilised the economy.
- The ups and downs of the local currency since 1983, but business reporter Glenda Kwek.
Worth a look for the currency junkes.
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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.