Apples,
From memory of accounts & webcast seem to remember about $100m benefit from falling dollar post 30/6/2008 due to them not holding full coverage of currency exposure. So a falling Aust. dollar should be putting an extra benefit CNP's way.
Big win for CNP will also come from continuing falling interest rates.
Lower interest rates & AUD could also increase the appeal of many of the Australian assets to overseas investors.
We still urgently need that one big $700m. sale, then the tide starts to swing our way.
Regards
Buffett
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