KW has posted some interesting links on Aussie Forum; the BIG FOUR Aussie Banks.
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KW has posted some interesting links on Aussie Forum; the BIG FOUR Aussie Banks.
my 3 cents worth is that fair value is around 82 cents based on my PPP workings .... no emotion in that and one doesn't have to listen to uncompetitive exporters bleating on about an 'overvalued' dollar .... we should be proud as a nation to have a strong dollar
I hate this to turn into a discussion about the US $, but my feelings have changed recently after I realised all the money that has been printed over the last few years will finally start making it's way into the real US economy this year and onwards. As a result, I expect some rather large inflation figures coming from the US at the end of the year and a subsequent loss of value in the US $. Which means a potential shakeup in world affairs (maybe China unhooking itself from the US $?) and a potentially even stronger NZ $ by years end... maybe we should move this to a US $ discussion?