With housing prices in Australia starting to suffer as a result of lockdown and the Chinese economy slowing down the Aussie is expected to fall further.
The RBA positively surprised investors by stating that Australia will avoid another recession, despite lockdowns imposed because of rising Coronavirus cases.
The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.