AUD is weak and historically it will bounce at this level of 64 cents. Unless directed by the US the RBA will raise interest rates soon and in 2024 to protect it from being a banana republic but they also risk crashing the housing bubble
which they are also protecting at all costs. Wait for the big money to move out of housing before the collapse begins.
Australia is a vassal state but must also protect its own
self interests. When school teachers can make $122K working just 40 weeks a year (teaching 123 and ABC) you know you got a problem.
which they are also protecting at all costs. Wait for the big money to move out of housing before the collapse begins.
Australia is a vassal state but must also protect its own
self interests. When school teachers can make $122K working just 40 weeks a year (teaching 123 and ABC) you know you got a problem.