The rate of conversion for the new decimal currency was two dollars per Australian pound, or ten Australian shillings per dollar. The exchange rate was pegged to the pound sterling at a rate of $1 = 8 shillings ($2.50 = UK Â£1).In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow.t is subdivided into 100 cents. As of 2011, the Australian is the 5th most traded currency in the world, accounting for 7.6% of the world's daily share. It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling.
More than 300 ACC employees are being paid in excess of $100,000 a year, according to its annual report. The highest paid earner, who the state insurer said was not departing chief executive Ralph Stewart, received up to $760,000. The insurer declined to name who that earner was.
From health care management to finance, MBA grads who are looking to earn competitive salaries, in growing career fields with low unemployment rates have a lot of options. Consulting leads to the biggest paycheck. The average salary for 2016 graduates of full-time programs was $126,919. On the opposite end of the spectrum, grads who went into the nonprofit sector earned an average of $81,776 a year. (USNWR) Graduates who earn the highest salaries attend the top-ranked schools, according to U.S. News data.