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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Aussie Dollar at 24-year high against Greenback

Yep and we have a couple more interest rate rises to go. We might make 1aud = 1 usd I might be able to look at those primes. Shame about the mortage on the house costing me a fortune.
 
Just another milestone for the current administration!

Dave
 
I'm hoping for a dollar for dollar exchange rate by the end of the month, but then again, I'm not a financial analyst by any means. Still, this quote looks promising (quoted from http://www.stockhouse.com/mediascan/news.asp?newsid=10344699):

"The dollar hit its peak in 2001, and it has been sliding ever since. Foreign currencies have hit all-time highs vs. the dollar recently, especially since Federal Reserve Chairman Ben Bernanke all but told Congress last week that the Fed will cut rates at its March 18 meeting."

Bring it on ...
 
Adrian Van Rossum said:
Did a quick currency check and thought my fellow Aussie & NZ Red buyers may be interested in this, the Aussie $ at 24-year-high against the Greenback (great if your in the next batch of Reds being served).

http://www.nzherald.co.nz/topic/story.cfm?c_id=235&objectid=10495144

To lock in at these high rates, check out

http://www.ozforex.com.au
Click to expand...
I keep a very close eye on the exchange rate.(For my Scarlet purchase) The NZ Dollar has been very good against the greenback as of late 2010.
http://www.twitter.com/danielxhicks
http://www.youtube.com/danielhicksnz
 
Rob Castiglione said:
...Things can change very rapidly with currencies.
Click to expand...

Yeah, specially when the Fed. administers "quantitative easing" (printing money) by truck loads :rolleyes: Who knows, you may be able to buy one get one free deal on the greenback - that be nice.
 
Pawel Achtel said:
Yeah, specially when the Fed. administers "quantitative easing" (printing money) by truck loads :rolleyes: Who knows, you may be able to buy one get one free deal on the greenback - that be nice.
Click to expand...

You do realize that currency fluctuations represent a two edged sword for locations like Australia, Canada, and others. On the one hand, equipment that you might want to purchase from an American vendor gets "cheaper." But on the other hand, you're going to see a lot fewer US productions coming to shoot in those locations when the exchange rate is not favorable for the Americans.
 
M Most said:
...But on the other hand, you're going to see a lot fewer US productions coming to shoot in those locations when the exchange rate is not favorable for the Americans...
Click to expand...

Excellent. This would be a welcome change to the Australian film makers and producers. You see, as Australians, what we need is MORE Australian productions and fewer American productions.

It is a myth that bringing foreign film makers into the coutry creates wealth for that economy. It actually destroys it.

In Australia, we have huge natural assets that we give away for free to foreign film makers by relaxing and not upholding proper permits (work visas) to foreign production companies (like the BBC, Nat. Geo., NHK, etc...). Even Indonesia protect their own film makers by requiering strict work visa conditions.
 
I can only hope that our dollar will be this strong when the Epic-S is available to non-red-owners.. But who knows when that will be :(
 
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Pawel Achtel said:
In Australia, we have huge natural assets ...
Click to expand...

And I hope you're enjoying them as I speak Pawel ;-) Trust you're well and perhaps we'll see you on 1 March at Ted's presentation? Would be great to catch up and see how Grace is progressing.
 
Pawel Achtel said:
In Australia, we have huge natural assets that we give away for free to foreign film makers
Click to expand...

Pawel, you shouldn't talk about our women like that! :nono:

Besides, I thought the "Sheilas for Celluloid" bill was overturned last year 4 to 3.
 
jimhare said:
Pawel, you shouldn't talk about our women like that! :nono:

Besides, I thought the "Sheilas for Celluloid" bill was overturned last year 4 to 3.
Click to expand...

thant's funny. LOL

Anyway, I'm happy to buy Ted a lunch or invite him for dinner while in Australia, if it helps. :beer:

See you on 1 March.
 
Aussie $$$

Aussie $$$

And I thought this thread was dead. Curious to see what the exchange rate is after QE3 and QE4, or when the US raises the Debt Ceiling. At what point does a nation realize its credit-card is maxed out?
 
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