Really the opposite of a banana economy as the $A is strong due to strong exports and a good banking/financial system with no quantitaive easing which is hurting retail (limited money supply) and what you are talking about.
Is that such a bad thing retail (taking out tourism) is not going to improve the nations balance of trade just push it backwards and make OZ like the US where the average family owes overseas interests around $200k ok when interests rates are low and the dollar has value but not so great when interest rates go up
Better to suck it up now rather than have your kids pay for your extravagant life style.
