New Toyo

[Stockerman]

Aussie dollar, as predicted by many analysts, is heading into a long term downtrend with the commodity boom over...
(it has very high correlation with the US treasury bond yield. With US economy leading the way out of monetary easing cycle, the downward pressure on AUS/USD is inevitable..)

There is a lot more room for aussie dollar (and possibly GOLD) to decline, probably over the next few years.
Basically, the entire macro-economic outlook for Aussie dollar is very negative...Now AUS/USD = 0.89...end of yr/next yr probably 0.800 - another 10% drop..
Best of luck to Tien Wah's operations in Anzpac...