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Thanks for the response, it's quite scary when you list out our...

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chukes

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09/03/20

14:52

Post #: 43384026
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Originally posted by AuCu: ↑

Given the situation the world now finds itself in i.e. unsustainable debt, slowing economic growth due to COVID 19 - yours is an interesting question.

IMO, during times like these, one must err on the side of extreme caution - so wait. As evidenced by recent new car sales numbers in Australia - new car buyers are already waiting.

Our five main trading partners are in order: China, Japan, South Korea, UK and the USA with China trade being more than double Japan. So in a nutshell, watch the economic situation in the three mentioned Asian countries for a direction on the Australian economy.

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Thanks for the response, it's quite scary when you list out our largest trading partners! Next few months will be interesting!
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