Two more years of parity ? That would be great, but it won't last forever. Now is the time to be buying NIB, so if anyone sits on the fence too long, they will miss out.
Tend to agree. I think I read that the target exchange rate is 75 cents to the greenback - eventually (barring any further calamity) the government will push the currency back to that target. I guess it is designed to promote export over import (not sure we make much these days though, except big holes in WA).
