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The Australian dollar (AUD) has slipped to a five-year low amid concerns about Australia's economy being on the brink of collapse. Despite this, the ASX rose on the first trading day of 2025. Australia's economy, often referred to as the 'Dirty' Economy due to its reliance on mining and exports of natural resources, faces challenges. However, the financial market's performance on the new year's first trading day suggests some
Optimism among investors.
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