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Hi All
Reading an article this morning where experts expecting the Au $ to hit the 83c over the next 18 months. For the best part of two years its been around 1.10.
The last two weeks its been low 90s.
Goodbye to cheap overseas holidays.
MTR
good bye to cheap everything. I just got a letter from a satcom supplier saying they are whacking up prices due to lowering dollar... so it comes from surprising angles sometimes.
they reckon cars are one of the good things to get onto right now, but really any expenditure should be made now before prices rise (unless it is something local - can't think what that would be??).
Apparently a dollar anywhere in the 80s actually means car manufacturers such as holden become profitable.
Apparently a dollar anywhere in the 80s actually means car manufacturers such as holden become profitable.
Too late for Ford though, right?
Apparently a dollar anywhere in the 80s actually means car manufacturers such as holden become profitable.
A number of Aussie media outlets poked fun at George Soros when he shorted the AUD.
Nobody's laughing now.
Still, its great for our exporters and in-bound tourists.
yeh you just have to roll with it, I need to switch from importing to exporting to offset the lowering standard of living
as for tourist towns, I doubt there will be any real change. If your clients are relying on this sort of discount before trapsing all the way out here then they are probably low margin customers anyway
how does it help them.... do you mean exported models? otherwise it's just the componentry increasing in price
Is it too late to short the aud using CFDs?