Three reasons why the outlook for AUD is bleak and last remaining reason to be invested in Australia is disappearing.
China is slowing as inflation bites and wages are going nowhere.
Ore shipments being turned away at the port.
Resource boom ended in 2007 – there has been no comeback – the reality is just emerging.
Anything non-resource in Australia is facing difficulty or bankruptcy.
I re-iterate the call that whilst we have a Federal Labour government, get out of the ship Titanic Australia.