Aus $ and economic outlook

Some interesting reading tonight. Shane Olivers view on the A$ is general further weakness
"National capital city residential property price gains are expected to slow to around 3-4% this year, as the heat comes out of the Sydney and Melbourne markets and rising apartment supply hits.
Cash and bank deposits are likely to continue to provide poor returns, with term deposit rates running around 2.5%.
The Australian dollar is in the midst of a short-term bounce as the US dollar corrects from overbought levels. However, the downtrend in the Australian dollar from 2011 is likely to resume, as the interest rate differential in favour of Australia narrows and it undertakes its usual undershoot of fair value. Expect a fall below $US0.70 but little change versus the Yen and Euro." obviously relevant to our profit potential with sales in US$
Published: Monday, January 23, 2017

A generally good read and good insight, and for the rest..
http://www.switzer.com.au/the-exper...tm_medium=newsletter&utm_source=switzer-daily

Below, a good read also surrounding the new president and an obvious change of heart from the past writings from Peter.
http://www.switzer.com.au/the-exper...s-will-hate-this---donald-might-be-a-success/