Gough Whitlam Posted July 31, 2015 Share Posted July 31, 2015 Pound just hit $2.15 Aust - who would have believed it? Link to comment Share on other sites More sharing options...
bristolman Posted July 31, 2015 Share Posted July 31, 2015 Well I would have believed it, really is was inevitable and won't stop there. Link to comment Share on other sites More sharing options...
Gough Whitlam Posted July 31, 2015 Author Share Posted July 31, 2015 I am on $2.30 by Xmas 2015 and $2.50 this time next year. Link to comment Share on other sites More sharing options...
bristolman Posted July 31, 2015 Share Posted July 31, 2015 Yeah no reason why not. The rapid decline in China and the knock on effect that will have in Australia will keep the $ heading south. Link to comment Share on other sites More sharing options...
bristolman Posted July 31, 2015 Share Posted July 31, 2015 Blimey we could go back with $700k lol Link to comment Share on other sites More sharing options...
Guest Posted July 31, 2015 Share Posted July 31, 2015 Hope it keeps going, got some to transfer. Just don't want to pull the trigger too early. Link to comment Share on other sites More sharing options...
newjez Posted July 31, 2015 Share Posted July 31, 2015 It's really only treading water till September/October. That's when the real fun starts. My worry is it'll happen too soon, and I'll have descions to make. Link to comment Share on other sites More sharing options...
Bungo Posted August 1, 2015 Share Posted August 1, 2015 Pound just hit $2.15 Aust - who would have believed it? I would have believed it. Have worked in multi currency for a very long time and this is a perfectly normal GBP:AUD rate. Link to comment Share on other sites More sharing options...
paisleylass Posted August 1, 2015 Share Posted August 1, 2015 It's really only treading water till September/October. That's when the real fun starts. My worry is it'll happen too soon, and I'll have descions to make. Hope so! We amazingly already have an offer on our house in Paisley, at the top end of our expectations (still a loss, but as good as we can hope for!) Due to complete mid September. Just need to find out how long we can leave the cash in the UK before attracting capital gain on currency... If it even applies that is! Link to comment Share on other sites More sharing options...
noworriesmate Posted August 1, 2015 Share Posted August 1, 2015 Hope so! We amazingly already have an offer on our house in Paisley, at the top end of our expectations (still a loss, but as good as we can hope for!) Due to complete mid September. Just need to find out how long we can leave the cash in the UK before attracting capital gain on currency... If it even applies that is! Awesome news on your house - well done!! NWM Link to comment Share on other sites More sharing options...
paisleylass Posted August 1, 2015 Share Posted August 1, 2015 Awesome news on your house - well done!! NWM Thanks :cute: bit of a surprise, both the quick timing and the price offered! I suppose a house with private back yard is a rare thing at the low end of the market, though a few have sold at shockingly low prices recently. It does have nice views, with no houses directly opposite. We will be better off financially compared with if we sold when we first moved, not sure it's worth the burden, but the difference would be enough to have a pool built, if we buy a house without :wink: Link to comment Share on other sites More sharing options...
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