mr luvpants Posted August 21, 2010 Share Posted August 21, 2010 BBC News - Australia count begins after tight election race Wonder how this will affect the £ to $ exchange rate? JOHN Link to comment Share on other sites More sharing options...
PommyPaul Posted August 21, 2010 Share Posted August 21, 2010 haha funny how the bbc reports stuff they've not mentioned over here... tis all bull****, no hung poo here Link to comment Share on other sites More sharing options...
Guest guest36187 Posted August 21, 2010 Share Posted August 21, 2010 At the moment they are all reporting different thigns Channel 9 saying it is 67 seats each ABC say 69 seats each SBS say 70 ALP 66 Coalition Channel 7 say same as SBS Sky say ALP 70 Coalition 68 Who do you believe? Link to comment Share on other sites More sharing options...
Guest chris955 Posted August 21, 2010 Share Posted August 21, 2010 There has certainly been talk of a hung parliament here, doesn't seem likely now but was a real possibility early on. haha funny how the bbc reports stuff they've not mentioned over here... tis all bull****, no hung poo here Link to comment Share on other sites More sharing options...
fish.01 Posted August 21, 2010 Share Posted August 21, 2010 Looks like coalition minority government with greens holding balance of power in the senate. :wacko: I predict "The Australian" will now be full of green hating every day as the greens block/negotiate coalition policy :biggrin: Link to comment Share on other sites More sharing options...
Guest chris955 Posted August 21, 2010 Share Posted August 21, 2010 Wow, that's changed it looked to be a fairly comfortable Labour win not long ago. Link to comment Share on other sites More sharing options...
fish.01 Posted August 21, 2010 Share Posted August 21, 2010 Wow, that's changed it looked to be a fairly comfortable Labour win not long ago. We must be on different channels Link to comment Share on other sites More sharing options...
mr luvpants Posted August 21, 2010 Author Share Posted August 21, 2010 haha funny how the bbc reports stuff they've not mentioned over here... tis all bull****, no hung poo here They have just posted it again! You may have to eat your words Paul :biglaugh: BBC News - Australia heads for hung parliament Link to comment Share on other sites More sharing options...
mr luvpants Posted August 21, 2010 Author Share Posted August 21, 2010 So how do people think this will affect the exchange rate? JOHN Link to comment Share on other sites More sharing options...
Toolbox Posted August 21, 2010 Share Posted August 21, 2010 So how do people think this will affect the exchange rate? JOHN Hi John, all the talk before the british election seemed to indicate that a hung parliament would be real bad for the pounds exchange rate, so i can only assume it will now be the same for the aussi doller:unsure: i'm no expert mate, it just seems logical. Link to comment Share on other sites More sharing options...
Nick and sez Posted August 21, 2010 Share Posted August 21, 2010 BBC News - Australia count begins after tight election race Wonder how this will affect the £ to $ exchange rate? JOHN Well mate i have been speaking to a friend who works in the mile and he reckons on trading Mon that you possibly could get 1.87AUS to 1GBP... He is normally pretty good or he wouldnt have the bloody big house he has got.. Me Im in the poo if the SMP's dont come out with me on them as a Gen Plumber.... But the money will change and when it does im going to buy as much AUS Dollar as i can afford... as when all the goverment has finished sorting itself out the rate will stabilize... Time To buy i think when and if it gets to 1.85AUS/1GBP. Cheers Nick..:jimlad: Link to comment Share on other sites More sharing options...
Guest nicola1234 Posted August 21, 2010 Share Posted August 21, 2010 Lets hope so - only temporarily - just enough time for it to hit my 1.8 rate so I can change my money finally. Then I hope it stabilises quickly - had enough bad luck over here with the recession etc. Link to comment Share on other sites More sharing options...
Jobo Posted August 21, 2010 Share Posted August 21, 2010 generally you would expect to see the AU dollar weaken with a hung parliment because it takes much longer to pass legislation through parliment and react to economic conditions in these circumstances. however i suspect it still won't get to anywhere near what it used to be until the UK interest rates rise and that itsn't expected until May 2011...so i reckon any change will be short term while the gov't sorts itself out. if you need the money in the short term the next few days could be the best time to exchange,but you'd be better of waiting until summer 2011 if you can! Jo Link to comment Share on other sites More sharing options...
fleabo Posted August 21, 2010 Share Posted August 21, 2010 So how do people think this will affect the exchange rate? JOHN Me thinks it won't make much of a diiference - may be a few cents over the next few days but nothing major. Link to comment Share on other sites More sharing options...
nevsm Posted August 21, 2010 Share Posted August 21, 2010 Won't make much difference except short term still mumbling interest rate rises = strong $. Link to comment Share on other sites More sharing options...
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