Originally Posted by
Coopz
token remaining manufacturing companies are the only one's enjoying this collapse.
Working for one of the token manufactures most of the raw parts used are manufactured overseas, dropping AUD for us increases costs.
Whilst the AUD was too high IMO at 1.05 we would be better off if the AUD was around 0.85 not .70 they seem to be heading for.
The biggest problem we face is the large fluctuations of the AUD over a short period of time. Difficult to plan ahead and costs change frequently.
Due to the rapid drop, we have ongoing orders in place which we are now loosing money on and other customers are no longer going ahead with planned future orders.