📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Buying an item for Australia

Options
2»

Comments

  • I doiubt if the exchange will get any higher, as Australia is doing very well thank you. it used to be 2 dollars to £1.00 about 15 years ago, I don't think those days are going to return for a long time.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    I doiubt if the exchange will get any higher, as Australia is doing very well thank you. it used to be 2 dollars to £1.00 about 15 years ago, I don't think those days are going to return for a long time.
    $3 to the pound. The Reserve Bank of Australia board member John Edwards has just today said it's still too high and needs to fall further to cushion the effects of slowing demand from China. Interest rates are being cut to record lows to stimulate demand and the outlook is for further cuts. My crystal ball tells me the dollar will be at $2 to the pound by the end of the year.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • mcfisco
    mcfisco Posts: 1,957 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They're trying to talk the currency down, not easy to do.

    Ford pulling out has made them sit up and think
  • martindow
    martindow Posts: 10,568 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Can you pay with a credit card? This would give you additional protection. With VAT, possibly duty and a handling charge you are likely to pay another 25% or so on importing - VAT is charged on the item cost and the postage charge.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.