The slump in the price of key export commodities has dragged down economic growth and taken the Australian dollar with it. Thanks to Hawke and Keating's reforms the daily fluctuations in the dollar are now largely beyond government control but there is one shot in the locker a brave government can take to lift the struggling Aussie.
An online petition that has gained over 5000 signatures calls on the leaders of Australia's major parties to get behind a proposal to rename the currency "Dollarydoos".
"This will make millions of people around the world want to get their hands on some Australian currency due to the real life Simpsons reference, driving up the value of the Australian currency," the petition's author Thomas Probst argues.
"If the leaders of this great nation have any common sense at all, they will introduce legislation to parliament to change the name of our currency as soon as possible."
The term "Dollarydoos" was first uttered in a 1995 episode of The Simpsons titled "Bart vs Australia".
In the episode the Simpsons visit Australia after Bart makes a costly collect call to an Australian home to ask them which way the water spins as it drains out of their sink.
When the father in the Australian household sees the enormous phone bill he screams "Nine hundred dollarydoos!"
ninemsn has contacted Treasurer Scott Morrison to see if the popular proposal has his backing.
What do you reckon? Have your say below.
