Resources & Insights
Market commentary, FX risk insights and practical guidance for Australian corporates managing foreign currency exposures.
Natural hedging: matching foreign receipts against payments before you trade
How much of your foreign-currency exposure cancels itself out before you hedge anything. Measuring the net position month by month, a worked example on two-way USD flows, and the policy rules that keep a natural hedge from becoming an open position. ...more
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