The Australian dollar and the euro suffered equally over the week, falling by 0.4% against the pound. In both cases the move had a lot to do with the gyrations of the Turkish lira, which lost and regained a fifth of its value. In the euro's case it was its proximity - geographically and economically - to the lira: for the Aussie it was the fear that Trump's tariffs on Turkey marked another escalation in the trade war that threatens all commodity-producers. The Australian economic data were fairly helpful. Although the economy lost 3,900 jobs in July there was a swing from part-time to full-time working and unemployment fell to a six-year low of 5.3%.
Data from the UK were less compelling. Disappointment about slow wage growth and falling inflation was balanced by satisfaction that retail sales grew strongly in July. And behind it all lurked the Brexit bogeyman. Credit rating agency Fitch said on Thursday that it sees a growing risk of a no-deal divorce.
News article on it today https://www.sbs.com.au/news/demand-for-australian-citizenship-at-record-high
It mentions they may look at extending the PR requirement to 4 years. I thought it was that long anyway.
The website is saying that processing from lodgement to ceremony takes 14 months in 75% of cases and 17 months in 90%. I have seen recently that someone from Darwin completed their citizenship in 7 months so there seems to be no real system as people who lodged earlier are still awaiting a test appointment.We lodged at the end of December and are awaiting a test date.