Hi Gassin
You tend to forget that we import more than export.
What about inflation as cost of just about everything we consume is imported. eg price of petrol will head to about $1.70?
The 0.60c would support our cretins in power whose sole view of Australia is to be a quarry. However, small business that hire over 80% of the work force would be the big losers. Inflation, higher input cost on everything etc etc and then increase in interest rates.
Be careful what you wish for!
Pear
AUD at 60c ..fixes the Australian BUDGET, page-3
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