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Old 03-10-2008, 12:56 PM   #21 (permalink)
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Originally Posted by dnex721 View Post
ok - qucik reply

so in the confussion i am totally turned about
what are we meant to be doing quickly opening savings in oz , or keeping them in sterling ?

Thanks guys

Bev
Hi Bev

I think If the bail out goes ahead nothing will change BUT if not you might find the pound weaker meaning less Oz dollars.

Not an expert myself but dont really see much change.

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Old 03-10-2008, 01:02 PM   #22 (permalink)
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Originally Posted by joetrac View Post
Hi Bev

I think If the bail out goes ahead nothing will change BUT if not you might find the pound weaker meaning less Oz dollars.

Not an expert myself but dont really see much change.

Meaning better for us changing us changing our AUD to GBP ????

Had a run-in with the CUA here this week as we went to send money through them to a UK account and they don't know how to do it.. obviously not had to do it much before.. and stuffed it up and now we've lost money today because of the exchange rate.
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Old 03-10-2008, 01:13 PM   #23 (permalink)
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Who Knows

Good point Earls, I was chatting with my next door neighbour today as I cleaned up the old garden. He's into all the financial markets and things, I think as well he's some sort of bookie or something. He was telling me this morning, that over the next week the pound will take a hammering? Trouble is, I asked him Why and he just kept saying because of all the trouble in New York and the Brits have no second back up plan. He also said Gordon Brown would be out within a month???

Don't know where he got his info from but he reckons Manly will win the Grand final on Sunday, and that I should have a good bet on it? What You think?
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Old 03-10-2008, 01:14 PM   #24 (permalink)
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Listening to the BBC world service tonight ….The UK has big ties to the USA in trade etc…If the Wall Street bailout bill, does not go through tomorrow exchange rates could plummet as the USA Dollar Euro and Sterling weaken significantly, Australia seems in a good position to outride the storm…you could be getting three Australian Dollars to the Pound by this time next week……If they vote to accept the bill the rate is likely to be unaffected……So you folk coming across soon would be better off if the House reject the bill tomorrow.
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Old 03-10-2008, 01:18 PM   #25 (permalink)
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Originally Posted by YellowGecko View Post
Meaning better for us changing us changing our AUD to GBP ????

Had a run-in with the CUA here this week as we went to send money through them to a UK account and they don't know how to do it.. obviously not had to do it much before.. and stuffed it up and now we've lost money today because of the exchange rate.
If the pound weakens us going home will be very happy
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Old 03-10-2008, 01:27 PM   #26 (permalink)
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i will juat settle for my money being safe
julie
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Old 03-10-2008, 01:33 PM   #27 (permalink)
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i will juat settle for my money being safe
julie
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Im with you on that one...sure I like to calculate how much I will get when my house sells..but what will be will be...if you never had it it wasn't really your's anyway... thats how Im looking at it.
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Old 03-10-2008, 05:04 PM   #28 (permalink)
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We have bought a house in Townsville and are renting it out untill we get over there hopefully Aug 09.

We had to open a bank account for the rent to go in, we did it with Westpac they couldn't of been more helpfull on the phone and by e-mail, normally you cant access your money till you get there but what they told us to do was go to Barcleys and get then to certify all our ID and for them to fax the certified copies to the Westpac.
We were sceptical to say the least, but went to our local Barcleys on a Saturday morning told the guy what we wanted expecting him to not have a clue what we were on about, but he said not a problem come with me, took us to an office offered us coffee stamped and signed all the paperwork, faxed it gave it back to us so we could then post it to the Westpac with the opening documents.
We then held our breath as we waited for him to tell us how much he was going to charge us, especialy as we are not customers of Barcleys, but no it was all free of charge!!!! we came out shocked but very happy.

Good Luck
Dawn, Nigel and Family
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Old 03-10-2008, 07:41 PM   #29 (permalink)
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just bumping up this thread, We sent our money the other week, i was happy enough with the exchange we got and to know our money was safe.Changed ours with MONEYCORPS and set up accounts with ANZ BANK everyone was very helpful and easy transaction very happy with the service
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