no ..this is all a local OZi problem .. most expensive houses in the World ..proped up by Chinese buyers ..
The AUD is too high because our interest rates are tooo high..compared to the rest of the world ... the RBA BLEW it !! so the AUD is way over priced ..and our economy is now suffering due to that.
when RBA cuts rates .. the AUD will fall to more balanced levels ..for our economy to flourish ..including the miners ..to balance the 2 halves ..mining + housing activity.
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