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Resources & Insights

Market commentary, FX risk insights and practical guidance for Australian corporates managing foreign currency exposures.

Latest thinking on FX markets

RBA decision days and the Aussie dollar: what importers and exporters should do before the announcement, not after

Why a Reserve Bank decision moves the AUD as much as it does, where the cycle sits, and what an importer or exporter can act on before the announcement rather than after. ...more

Forward points are not a forecast: what the forward rate actually prices

Forward points come from the AUD/USD interest differential, not from anyone's view on the currency. Covered interest parity, a worked example, and how to find your provider's margin inside a forward quote. ...more

Writing an FX hedging policy: a template for $10–50M businesses

A four-to-five page template for an SME FX hedging policy: risk appetite, hedge ratios by tenor, approved instruments, authorities, reporting. ...more

FX options for SMEs: when premiums earn their keep

When vanilla options, zero-cost collars and participating forwards earn the premium for an SME — and when a plain forward is the better tool. ...more

Reading the RBA Statement on Monetary Policy

What the RBA Statement on Monetary Policy actually contains, what to act on, and a 30-minute reading protocol for treasury teams hedging AUD. ...more

When the invoice date moves: extending, pre-delivering and closing out forward contracts

Shipments slip, invoices arrive early and orders get cancelled. What pre-delivery, extension and close-out actually cost, why historic rate rollovers are the wrong default, and how to govern the adjustments. ...more

Forwards vs spot: hedging AUD supplier payments

When predictable foreign payments are more than a few weeks out, spot conversion is usually the wrong call. A walk through forwards vs spot. ...more

Sector FX guides: tech, agri, construction, property

FX hedging by sector: what's distinctive about tech importers, agri exporters, construction and property developers — and which instruments fit. ...more

Layered hedging: a 12-month framework for importers

A 12-month framework for Australian importers running $5–50M programmes: the 75/50/30/15 cascade, instrument selection, and governance. ...more

Wholesale client status: who qualifies under s761G

Wholesale-client classification under s761G changes pricing, products, disclosures, dispute rights. Four pathways, and whether to pursue. ...more