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View Poll Results: Kiwi / Aussie exchange rate where too from here in 2015 ?

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  • 95-96 cents is as good as its gets and it'll head back down a bit in 2015

    19 37.25%
  • It'll probably stay around current level's

    4 7.84%
  • We'll hit parity some time in 2015

    14 27.45%
  • The Kiwi will be worth more than the aussie at some stage in 2015

    14 27.45%
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  1. #27
    ShareTrader Legend Beagle's Avatar
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    Jul 2010
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    Quote Originally Posted by fungus pudding View Post
    Every vehicle produced was costing the taxpayer thousands. Stopping production is hardly a blow to their economy.
    There's so many different ways to creatively measure cost its highly debateable. You think the parent companies of Ford and Holden wanted to show a profit in Australia and pay Australian tax ? Come on... lets not be naïve about multinationals ability to manipulate profits through transfer pricing methodologies. Leaving that debate to one side, one thing for absolute sure is there will be tens of thousands of employees no longer employed by Ford, Holden or the myriad of associated component manufacturers, and all those people won't be spending their respectable sized wages at the local restaurants, bars, clubs e.t.c. so add up the multiplier effect as its affects hundreds of other small business's and retailers already impacted by the serious cutback's in the mining industry and its easy to see why the fundamentals for the Australian economy aren't looking good. What's their forecast deficit again ? $50 Billion ?
    Last edited by Beagle; 08-01-2015 at 05:59 PM.

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