In financial language – the Australian dollar, AUD or – AUD-denominated government bonds of the Australian state. – Occasionally during the Greek crisis in the spring of 2010, investment advisors recommended buying such securities. Admittedly, the market for these securities is very narrow, and the fact that the bonds are denominated in a “raw material-based currency” does not change anything. Nevertheless, Australia has so far been characterized by strong growth, price stability and healthy public finances. This attracts investors who distrust even first-class government bonds issued by eurozone countries. – See Kiwi, Loonie, Swissy.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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