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AU Dollar to hit US $1.20!!??

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mackaymanx Custom Title Time!

1,611 posts · joined Jan 2006 ·

#805273
"He says he was surprised at how optimistic some Americans are about Australia, with some expecting the local currency to hit $US1.20."

http://www.abc.net.au/news/stories/2010/10/01/3027455.htm

Saw this on ABC24 and couldn't believe my eyes, took awhile to track down the source. A lot are predicting us to reach parity with the US dollar but this is the first I've seen of how far some are predicting it will go.

Good for aussies going OS but bad for the local tourist industry.
Quote of the week
"Do I wish to send them to you again, nope, no interest can't be bothered really, to much hassle for little or no return."

[IMG]https://www.vw-mplate.com/mplate2-18600.png[/IMG]

komuter Slammed & Awesome Dubber

99 posts · joined Aug 2009 ·

#805276
what torist industry? its already just about none exsistant up hear in fnq,,one of the worst for a long time is what i am hearing,saying that it is probably better than last year for kombis touring around up hear,seen plenty this season,,still amazes me they drive them across aus🤪

Barnabie Officially Full-On Dubber

257 posts · joined Jun 2010 ·

#805282


Good for aussies going OS but bad for the local tourist industry.



I know its selfish of me to say this when some peoples jobs are dependant on tourism, but its also great for ordering parts from over there!

bugzla Custom Title Time!

1,164 posts · joined Jun 2007 ·

#805283
saving my Aus $$$$$$$$$ for some bits and peices later this month or if rod goes over to pick up some wild bargins ill keep my dollar in his pocket

mackaymanx Custom Title Time!

1,611 posts · joined Jan 2006 ·

#805285
Barnabie wrote:


Good for aussies going OS but bad for the local tourist industry.



I know its selfish of me to say this when some peoples jobs are dependant on tourism, but its also great for ordering parts from over there!

I decided not to mention the obvious but yeah there are big plus's and big minus's for individuals and the economy. I'm going throught a parts list in my head right now.🤘
Quote of the week
"Do I wish to send them to you again, nope, no interest can't be bothered really, to much hassle for little or no return."

[IMG]https://www.vw-mplate.com/mplate2-18600.png[/IMG]

kombivw Wolfsburg Wizard

463 posts · joined Mar 2009 ·

#805288
Bought a complete engine and had it shipped from U.S on 17th September and it was 90.7
Jeez why could it not have been around the mark it is now! (Bike engine Not VW).


MY KOMBI AND BUG (CLICK HERE)

MickH Hairy Gutted Sloth

3,389 posts · joined Sep 2003 ·

#805296
mackaymanx wrote:"He says he was surprised at how optimistic some Americans are about Australia, with some expecting the local currency to hit $US1.20."

http://www.abc.net.au/news/stories/2010/10/01/3027455.htm

Saw this on ABC24 and couldn't believe my eyes, took awhile to track down the source. A lot are predicting us to reach parity with the US dollar but this is the first I've seen of how far some are predicting it will go.

Good for aussies going OS but bad for the local tourist industry.
Buy up big Biatzsch.........😂
tssnq.com.au

amazeer Bishop of Volkswagenism

3,029 posts · joined Nov 2005 ·

#805367
Its OK. The rest of the world will soon learn we dont have a workable government and it will drop back to the 80 cent normal. Probably a good time to get into currency trading.

cam070 Custom Title Time!

1,332 posts · joined Jul 2009 ·

#805370
amazeer wrote:Its OK. The rest of the world will soon learn we dont have a workable government and it will drop back to the 80 cent normal. Probably a good time to get into currency trading.
I tend to agree. While Rudd/Gillard keep telling us they have saved us from the GFC, I think their wreckless spending will come back to bite us.

It is now a great time to buy stuff from the US, but for people who have US clients and pay in US dollars, this is killing us. If only I could get paid in VW parts form the US....

MickH Hairy Gutted Sloth

3,389 posts · joined Sep 2003 ·

#805375
mackaymanx wrote:Like you just have! ENVY ENVY ENVY
If you bring my plasma cutter back one day i MIGHT let you sit in the passengers seat...😂
tssnq.com.au

vwo60 Veteran Volks Folk

2,036 posts · joined Feb 2007 ·

#805429
parity will do

chris7 Seriously Crusin Dubber

122 posts · joined Sep 2010 ·

#805461
yeh that will do for me too

68AutoBug Beetle Restorer - Experience over 138\% - YIKES --

11,654 posts · joined Aug 2002 ·

#805537
kombivw wrote:Bought a complete engine and had it shipped from U.S on 17th September and it was 90.7
Jeez why could it not have been around the mark it is now! (Bike engine Not VW).


Couldn't You wait?? lol

LEE
- Helping keep Air Cooled VWs on the road - location: SCONE in the Upper Hunter Valley - Northern NSW 320 kms NNW of SYDNEY---

68AutoBug Beetle Restorer - Experience over 138\% - YIKES --

11,654 posts · joined Aug 2002 ·

#805539
mackaymanx wrote:"He says he was surprised at how optimistic some Americans are about Australia, with some expecting the local currency to hit $US1.20."

http://www.abc.net.au/news/stories/2010/10/01/3027455.htm

Saw this on ABC24 and couldn't believe my eyes, took awhile to track down the source. A lot are predicting us to reach parity with the US dollar but this is the first I've seen of how far some are predicting it will go.


Most Americians don't know where Australia is... lol

I doubt it could go past parity.... $1 to $1

although the US is still suffering from the Wall Street crash..

lots of cheap houses over there....

maybe lots of cheap beetles and Karmann Ghias over there..

LEE

- Helping keep Air Cooled VWs on the road - location: SCONE in the Upper Hunter Valley - Northern NSW 320 kms NNW of SYDNEY---

bajachris88 The international telephone dialing code for Antarctica is 6

6,661 posts · joined Apr 2005 ·

#805554
Just did a dream shop on www.cip.com to get an online quote of everything i could want for my baja...

The total came to $3000 USD lol..

Even if the dollar goes up it can't satisfy my desires 😂

Might be able to get a cheap vw key ring for the time being 🤓

Its a hard, expensive life...
(ô_!_/ô) (ô_!_/ô)
69' baja: kombi box, thing spindles, irs, disc front, type 3 rear drums, 2 inch lift kit, 31x10 rears. 👍
New engine in process: 94mm p&bs, 74mm C/w chomol Crank, 35.5x39 SP heads, turbo. Wierd combo, hopeful torque monsta!

amazeer Bishop of Volkswagenism

3,029 posts · joined Nov 2005 ·

#805796
cam070 wrote:I tend to agree. While Rudd/Gillard keep telling us they have saved us from the GFC, I think their wreckless spending will come back to bite us.

It is now a great time to buy stuff from the US, but for people who have US clients and pay in US dollars, this is killing us. If only I could get paid in VW parts form the US....
Our dollar is up on all the currencies, but mostly the US because the yanks are printing shitloads of money to purposely drive their dollar down for the very same reason we're rubbing our VW hands. Its to reign in their own balance of payments by boosting exports and hopefully slow down imports. Probably gonna backfire cos they will get slammed with inflation. The yanks caused the shit so they have every right to live with it for longer. Besides, all they have to do is stop their space and military programs and they will having plenty of cash to throw around.

I dont think were doing as well against other currencies. We're only up by 0.2 of a peso on the mexicans. When $1 buys 12 pesos, thats nuffin. Unless VW do some discounting the price of a Golf is not going down soon. Oops now I'm cross posting.

silver Dangerous when poked

2,169 posts · joined Dec 2002 ·

#805806
I was mail ordering parts back in 79-80 from west coast metric and our dollar was US $1.20 then I have to say that although I like it for parts shopping, it has and will continue to hit the film Industry very hard, The Yanks wont be bringing any blockbusters here to film for a while, Hmm early retirement sounds nice
Keeping it real !

vw54 Administrator Always Waiting 4 Friday

16,723 posts · joined Aug 2002 ·

#805814
NOt since the late 1960s the Banks wont let it go that way
I read it on FACEBOOK so it must be true


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