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Thread: Stupid Australian $

  1. #1
    Join Date
    29th Dec 2007
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    Adelaide
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    Default Stupid Australian $

    As of today, it's lost 29% of its value since July. I suppose parity with the US$ was too good to last.

    Apparently, in uncertain economic times, money markets retreat into 'safe harbour' currencies, like the Yen. the A$, apparently, is not one of these, since we have a commodity-based economy.

    Just by way of comparison, the Aussie $ has lost more of its value that the Mexican peso and the Brazilian real.

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  2. #2
    Join Date
    9th Mar 2008
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    Mannum, South Australia
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    Default

    So much for the dollar for dollar by Christmas eh? I really enjoyed all those indulgences from Robot Kingdom while the $AU was worth something. On the plus side my exchange rate calculator is getting a good work out.
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  3. #3
    Join Date
    25th May 2008
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    Mount Barker, South Australia
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    Default

    no more Amazon orders for me

  4. #4
    Join Date
    28th Dec 2007
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    NSW
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    Default

    Quote Originally Posted by loophole View Post
    no more Amazon orders for me
    same here

  5. #5
    Join Date
    7th Jan 2008
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    This is not good for me as a seller at a fair. My prices can no longer be as attractive...

  6. #6
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    30th Dec 2007
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    You'll have to put on your best smile to attract the customers Kyle.

  7. #7
    Join Date
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    Or... as someone suggested last time, have a stripper on my table...

  8. #8
    Join Date
    28th Dec 2007
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    Default

    The word is that the AUD is trading far below what it should atm and that its more of a function of the global hysteria. Basically people are drawing it out of Australia and putting it into more safe places like Japan though that hasn't really helped their cause much either.
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  9. #9
    Pulse is offline Rank 1 - New or Inactive
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    Oh that's ok... (The figures I want in the upcoming months aren't that expensive anyway... )

  10. #10
    Join Date
    27th Dec 2007
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    Sydney NSW
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    ...all at a time with all these new TFs coming out in Japan. *sniff.sob.sniff* :~(

    Still not as bad as 2000 though... collecting Car Robot and the first wave of Takara reissues was financially excruciating with the AUD's poor performance during that year. :/

    Our tourism/hospitality and export industries should be smiling atm though.

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