Hi Bragg
Just my two cents but while the Co is spending more than its earning in the US on sales staff using AU dollars then there is a natural hedge. They will be keeping as much of the local currency receipts cash in each sales territory as possible and pay local wages out of it to reduce currency effects IMO.
If they can use existing cash already in AUS from options or CR or converted previously at a better exchange rate to pay for AU costs that would also reduce the impact of a higher AU. This is the kind of stuff a good CFO can use to minimise FX effects. Some will even make the company extra money on FX if they are guns.
Hi Bragg Just my two cents but while the Co is spending more...
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