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26/02/19
11:20
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Originally posted by Dazedandconfused:
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Hi sci9249 I remembered this... in that time, April 2011 to April 2013, the $AUD traded above parity to the $US [hit a high @ around US$1.10 for AUD$1.... ranged between 96 cents to $1.10 over a 2 year period]. Fuel costs were mitigated by the rise in the AUD, imports became cheaper [remember the bargains in JB HiFi?] but our exports would have suffered. That is probably the better explanation rather than just the oil price.
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thanks mate. that coupled with the oil explains alot. unfortunately its hard to automate any of that stuff so im just going to have to wear it on the chin if it happens again. cheers!
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