MartinLuther

Still not impressed. You made the prediction on the 30 June for the 31 July and it came true on 2 September. A one month prediction coming true 2 months later is like a 100% margin of error.

If you'd made the prediction a year ago then I would have been impressed (even if it was a month out)

iamthecreaturefromuranus

Don't care. Still claiming it as evidence of my immense psychic powers and economic prowess.

dedicate2

If the property bubble in Australia bursts I'd expect to see a change in exchange rates.

What property bubble?

This article explains it better than I can . . .

http://www.unconventionaleconomist.c...aw-houses.html

DownUnderPaddy

...and from the old "1.76....what's happened to the ex rate" thread from a year ago.
Still the same now as it was then as far as I can see. The trend is still down...

http://britishexpats.com/forum/showt...0238&p=8004877
http://britishexpats.com/forum/showt...0238&p=8268893

Centurion

A very well written article there which actually is substantive rather than scare mongering. Thanks for sharing.

MartinLuther

I agree.

The pound exchange rate won't rise until they start destroying some £s or Aus starts printing $s. I can't see either happening in the near future.

jad n rich

1.67 something or other right now. Or 59 and a 'arf pee

As always all predictions wrong, never does what you think it will.

Might buy some more holiday money, last time it went to 61p I covered a couple of future hols, major downside is the money in UK earns zippo interest, must look at premium bonds too. Bet thats a kerfuffle from OZ

Amazulu

Actually it's not. Fill in a form, get a certified copy of your passport and something from the ATO showing your TFN and you're done. All you need for kids is a certified copy of their birth certificate. Check out their website

British government desperately needs your money and makes it easy for them to get it!

jad n rich

Thanks, more inspired to get on with it now

Les Avalook

You may want to read this first:

http://www.moneysavingexpert.com/savings/premium-bonds

steve_kelly_and_boys

was going to say they reckon that they are not worth investing in

halifax do an esaver account instant access @ 2.6 %

not brilliant compared to oz but better than nothing

mbike

1.6579

Any ideas where its heading from here?

iamthecreaturefromuranus

Centurion

There's no good news economically from the UK in the medium term as far as I can see. Talk of more money printing and inflation coupled with deficits. Not good. I think we'll see the aud testing new highs.

eugene43

I have just come back from a charity auction which has been going for 15 years raising money for new born incubaters & if you were there you would be amazed how much money was floating around.