Please click the link below to view Shane Oliver's views on the recent rise in the Australian dollar.  Key points raised are:

• The Australian dollar has been pushed higher lately by a weaker US dollar, a rebound in commodity prices and technical considerations.
• The rising Australian dollar is a significant risk for the Australian economy and will constrain growth and keep inflation below target for longer.
• While the Australian dollar could still go higher in the short term, it is likely to break back down at some point in the next year as the US dollar bounces back, upside to commodity process is limited and the interest rate differential in favour of the Australian dollar is likely to narrow as the US Fed hikes and the RBA holds.