Exchange rate AUD Vs GBP £1 buys $1.83
#109
Re: Exchange rate AUD Vs GBP £1 buys $1.83
#110
Forum Regular
Joined: Dec 2013
Posts: 218
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Every year it's delayed it will cost more and more in compunding inflation. Plus add maybe 25% overruns that usually happen with big projects.
#111
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Despite the speculation around HS2, there's still plenty of engineers and other hanger ons lke Project Managers beavering away in the background creating more debt.
#112
Forum Regular
Joined: Dec 2013
Posts: 218
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Yeah. That's 50,000 pages of HS2 bill pending before the commons. How do you interpellate that.
#113
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Firstly, that part of it is *cheap*, provided you aren't actually just throwing money at tory donors. Second, if you do it right, and give the right people the right incentives, that's how you cut the cost of actually building the thing - system engineering up front.
Personally I'd throw £10m at some R&D to cut the cost of building the rail line. Strikes me with those numbers there is scope for significant reductions in cost through automation and some new ideas.
#114
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Rail+UK=Gravy train
Get in there boys. Cha f**king ching!
#115
Forum Regular
Joined: Dec 2013
Posts: 218
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Toyota announces ending car making in Oz.
The next day, AUD punches above 90 US cents for first time this year.
The next day, AUD punches above 90 US cents for first time this year.
#116
Re: Exchange rate AUD Vs GBP £1 buys $1.83
This is because I ordered some £ last week. I think without fail it has trended upwards since I paid for my money...
S
#120
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Its hard work this currency prediction. One thing is for certain. Currency trading is recession proof.