Tuesday, May 21, 2013

A lower dollar could only help

Australian dollar could dive below 90 US cents in coming weeks - ABC News (Australian Broadcasting Corporation)

The big economic factor that does not attract as much attention as it should in the mind of the public is the  high Aussie dollar.

The Gillard government has been very unlucky to be caught in a period of a sustained high dollar, and a new Abbott government would be very lucky to have it sink to a permanent, more realistic level.

1 comment:

nottrampis said...

no steve ,

the big story is Castle!


Very poor priorities