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Working Australians are deeper in debt than working Americans. Household debt as a % of income is extremely high in Australia.

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16y ago

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Related Questions

What is the difference between a Australian and an American dollar?

1 US Dollar is equal to about 1.08 Australian Dollars


How much is American dollar in Australian dollars?

1 Australian dollar = 1.0264 US.


How many Australian dollars are in one American dollar?

As of 30th June 2009: 1 Australian Dollar = 0.81 US DOllars 1 US Dollar = 1.24 Australian Dollars


How many American dollars are in 1 Australian dollar?

As of 30th June 2009, $1 (Australian) = $1.24 (American)


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Is an American Dollar the same as an Australian Dollar?

Apart from the spelling and the fact that there are 100 cents to the Dollar, there ends any similarity.


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How much is the austraian dollar?

One Australian dollar, is worth 100 Australian cents. It value how ever, against other world currencies varies by it's trading value on the world currency markets.At the moment one Australian dollar is worth approximately 91.2 American cents, or 0.92 USD. Most of this rise in the Australian dollar, is not due to a rise in it's value, but a fall in the value of the American dollar. The value of a particular nations currency against another nations currency, can quickly be checked on the currency markets.


What is the Australian unit of currency?

Since the 14th of February, 1966, Australia has used the Australian Dollar (AUD). There a 100 cents in an Australian Dollar.


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The abbreviation for the Australian dollar is AUD or $A.


What is the currency of Austailia?

The Australian dollar (different to the American, New Zealand or dollars of another country).


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1 American dollar is 49.07 Rs. 1 Australian dollar is 48.03 Rs. 1 Canadian dollar is 47.7 Rs.