The obvious would be to short the AUD and the banks. Felix Zaulff and Marc Faber have that trade on ATM. They reckon its a double bet against Australia and China.
I wouldn't buy the USD. Perhaps short the companies that a linked to the bubble such as Stockland etc.
Either way one thing is assured, once it pops im sure the RBA will kill the dollar, so a good chance in nominal terms we only lose 30% but real 50-60%.
I have seen Hobo-jo's charts on Gold and Silver compared to Housing, and they are a good bet, as they will outperform and perhaps in a few years you can swap them back over for property or land.
