The Australian dollar is made of polymer, which makes it highly durable and difficult to replicate.
Australia's central bank indicated a pick-up in wage growth was necessary to ensure a much needed recovery in inflation.
Household debt will affect the RBA's pace of monetary policy adjustment, says Wayne Gordon of UBS Wealth Management.
Many Asian markets are shut for the Lunar New Year holiday on Friday, including China, Hong Kong, Taiwan, South Korea, Malaysia and Vietnam.
The Reserve Bank of Australia said it saw signs of wage pressures in the economy, setting the stage for a rate hike later this year, says Paul Bloxham of HSBC.
The Australian dollar could see gains to as high as $0.84 as a weak greenback supports a potential trading pattern, Daryl Guppy writes.
Some Asian economies have issued stern warnings about risks in cryptocurrencies in recent days.
The Reserve Bank of Australia's December monetary meeting showed confidence, but consumer spending remains a "significant risk."
Katrina Ell of Moody's Analytics says in addition to corporate taxes, Australia could also look at lower income taxes.
Australian Finance Minister Mathias Cormann remains upbeat on growth prospects eve with a slight revision down in GDP next year
Markets in Australia, South Korea and Japan fell, while the dollar declined against a basket of rival currencies.
Personal consumption, which makes up 60 percent of Australia’s GDP, needs to inch up more for growth to continue, says Patersons Securities' Tony Farnham.
The dollar rose for a second straight session on Tuesday, continuing to benefit from optimism surrounding U.S. tax reform.
Paul Bloxham, chief economist for Australia, New Zealand and global commodities at HSBC, reacts to the latest statement by the Reserve Bank of Australia.
Kumar Palghat of Kapstream explains why the Reserve Bank of Australia should keep rates at 1.5 percent for a while more.
The Reserve Bank of Australia would want economic momentum to sustain for a while longer before raising rates, says Katrina Ell of Moody's Analytics.
Andrew Ticehurst from Nomura Australia talks about why he thinks the Reserve Bank of Australia will keep rates at a historic low 1.5 percent until 2018.
Asia markets were mostly lower in afternoon trade on Tuesday.
Currency markets were closeted in a tight range in a holiday shortened week in the United States.
Asia markets rose on Tuesday, following a lead from Wall Street, while the dollar slipped against a basket of currencies.