Oh come on... 90USc is still pretty damn good for the AUD!! All this complaint about the AUD "plummeting" is an overreaction - IMHO anything at 80USc or above for the AUD is pretty darn good. Cos even with all their financial woes, the US economy still massively dwarfs the Australian economy, and the AUD has been overvalued for the 3 years. The Australian dollar has been artificially overvalued due to what CommSec's chief economist Craig James calls the "Steve Bradbury effect." We ALL knew that the AUD would have to start dropping at some stage. I'm actually pleasantly surprised that the AUD is still holding out pretty strong and is declining steadily; as I said, 90USc is still a pretty good price for the AUD.

Remember what it was like in 2000 when the AUD dropped to about 40-something USc? Now that sucked! I made toys like Brave Maximus a lot more expensive; thankfully the Korean version came out later when the AUD had picked up to 70-something USc. Heck, 6 years ago I was massively stoked when the AUD climbed to 80-something USc and being extremely stoked about it (made MP Megatron cheaper than initially expected )! Seriously... doesn't anyone remember how exciting it was seeing the AUD climb to 80USc? Then there was the GFC which saw the AUD drop massively (at the time that Encore Omega Supreme, Metroplex and Gadep came out ).

AMP Capital's Shane Oliver predicts that the AUD will drop to the mid to high 80USc range. That's still bloody good! Okay sure, from an overseas buying and travelling POV, I can totally understand that a stronger AUD is better. I'm going overseas later this year too. But objectively speaking from an economic POV, the AUD is still doing jolly well! (not to mention that a decline in the AUD is good for Australian exports).