AUD unknown

Link, luckly for you i think long term, the AUD is only looking...

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    Link, luckly for you i think long term, the AUD is only looking at one way which is up.. 1.10+ IMO.

    Not having much of an idea of the products you are importing but are you able to enter into say 3 or 6 month forward contracts with the supplier at a fixed exchange rate? This would take alot of guess work out of your profit levels and enable you to accurately forcast your profits.

    Benefits are you will have a predetermined rate and dont lose out if AUD drops off (which long term i dont think it will, pending global woes). Disadvantages are if AUD becomes alot stronger you will miss out on the increase in profits.... But i gathered you are more concerned about a drop off rather than a rise?

 
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