MANAGING in the

NEW WORLD

The Australian dollar has weakened in relation to the American and this is having severe impacts in the country. While Aussies are traveling less abroad, the country is attracting numerous new tourists to the country and this is supporting a large number of families dependent on tourism jobs. Americans are among the travelers but it is Asian travelers especially from China who are boosting the local economies of various states. New South Wales and Queensland are the states which have gained the most.

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