#2 Harming the Australian economy 101

It is interesting that the pro Labor Australian media is at last mentioning the precipitous decline in the Australian dollar.
What they are not telling us is exactly when that sharp decline commenced – the graphic tells the story.
AU$/US$
Of course global investors will pull their money out when faced with news that the Govt here favours higher taxes on our vital resource sector. Graphic made at news.com.au Yahoo also has good graphics but can not keep up with the decline. This highly potential drug was developed by Pfizer and approved by the FDA in 1998 for the treatment of erectile dysfunction. online doctor viagra was originally developed for the treatment of a heart disease known as angina pectoris. Parents should make sure that children and pets stay away from this product. heritageihc.com levitra 20mg uk There are several things that couples usually do for tadalafil 100mg saving their relationship from impotence condition. The author’s style is almost conversational and leads the reader logically step by sildenafil online step to his conclusions. The ironical thing is that a lower dollar will help primary producers – any exporter who sells at a US$ price. But the nation as a whole will pay more for all imports, fuel, travel etc. Interest rates will tend to be forced up too.

One thought on “#2 Harming the Australian economy 101”

  1. Warwick

    I guess with the sudden relative devaluation of the A$ the Mining Super Profits Tax would have to be in the frame.

    It will be extremely interesting to see future credit ratings from the Standard & Poors, Moodys or whoever they are these days & see if they factor in a perceived change in “soveriegn risk”.

    You would have to wonder where all the stimulus money came from & how many generations will have to contribute to pay it off.

Leave a Reply

Your email address will not be published.