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![<i>Liam Dann</i>: Feel the excitement as aussie rises](/pf/resources/images/placeholders/placeholder_l.png?d=798)
<i>Liam Dann</i>: Feel the excitement as aussie rises
Waiting for that magic moment when one Australian dollar can buy one US dollar has assumed a symbolic importance.
![Commerce Commission looks into alleged Telecom breach](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Commerce Commission looks into alleged Telecom breach
The Commerce Commission has launched an investigation into whether Telecom's wholesale unit broke the rules by discriminating against retail rivals
![Tame inflation may show high dollar is doing Bollard's work](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Tame inflation may show high dollar is doing Bollard's work
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
![L'Oreal shakes up make up](/pf/resources/images/placeholders/placeholder_l.png?d=798)
L'Oreal shakes up make up
L'Oreal is considering a bid of US$44 ($58.16) a share for Avon, the UK's Daily Mail reported.
![Wall St welcomes Fed confirmation of easing](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Wall St welcomes Fed confirmation of easing
Equities on Wall Street welcomed clarification about Federal Reserve policy makers' plans for further monetary easing to help propel US economic growth.
![<i>Michael Pettis</i>: Slow and steady only way for China to go](/pf/resources/images/placeholders/placeholder_l.png?d=798)
<i>Michael Pettis</i>: Slow and steady only way for China to go
The world must be patient with China...