Another key factor to consider for the those with no idea about this sector is the performance of Kimco (Owns, manages, leases, develops, and acquires shopping centers across the USA) and other REITS in US. GPP has no bearing on the performance of these REITS in the US or AUS.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=kim&sid=0&o_symb=kim