The fall in the A$ has been explained to some degree but the amount it is down now perplexes me and it still appears to be falling. Massive price increases in all our imported goods are just around the corner.
What really concerns me though is how vulnerable our resource companies are to foreign takeovers in current circumstances. China is cashed up and with the A$ so low they could walk in and buy the farm at give away prices. I wonder if this will happen?
