The rate of conversion for the new decimal currency was two dollars per Australian pound, or ten Australian shillings per dollar. The exchange rate was pegged to the pound sterling at a rate of $1 = 8 shillings ($2.50 = UK Â£1).In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow.t is subdivided into 100 cents. As of 2011, the Australian is the 5th most traded currency in the world, accounting for 7.6% of the world's daily share. It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling.
More than 300 ACC employees are being paid in excess of $100,000 a year, according to its annual report. The highest paid earner, who the state insurer said was not departing chief executive Ralph Stewart, received up to $760,000. The insurer declined to name who that earner was.
67.34 / 184 * 12 = 4.39 hours Annual Leave (AL) accrual for this pay period 67.34 / 184 * 6.66 = 2.44 hours Sick Leave (SL) accrual for this pay period March 18, 2006 through March 31, 2006, the same employee works 75.50 hours.xample: February 18, 2006 through March 3, 2006, an employee works 54.00 hours and has an annual leave earning rate of 12 hours/month. There are 3 days for the month of March in this pay period. 54.00 / 10 * 3 = 16.2 hours pro-rated to count in March accrual earnings.