Plummeting Australian dollar leads to cancelled concerts.
The material girl is living up to her name. Madonna will skip concerts in Sydney and Melbourne after a 31 percent drop in Australia's currency in five months made her too expensive for promoters. The currency slide has added millions to the cost of contracts, and has also prompted Neil Diamond, The Eagles, Green Day, Metallica, and Paul McCartney to cancel their tour there, reports the Herald Sun. “You can sell out a tour and still lose a seven-figure sum," complained Australian promoter Michael Coppel.
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