The cost of living in Australia may still be high, but one thing is getting a lot cheaper: Japan.
The Australian dollar has recently mounted a powerful surge against the yen, taking it to almost the strongest position it has been in for 20 years.
An Aussie dollar that buys 100 yen is strong, but now our currency sits at more than that, buying 106 yen. The reason is a very low level of official interest rates in Japan — just 0.75%.
AloJapan.com