Great day for Aussie Online Entrepreneurs

28 replies
Our fed reserve just dropped the interest rates Due to the Us economy and our ties to it.

I just figured it out.. this will save me close to $15k per year

but it gets better the aussie dollar is now at $.72 to the USD

So my income has raised on top of it to boot.

Great times for Aussies Online!


Thats why I love IM!!

Pete
#aussie #day #entrepreneurs #great #online
  • Profile picture of the author Jim Burney
    Does the Aussie goverment still have the £10 fare for uk immigrants???

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    • Profile picture of the author peteinoz
      Originally Posted by Jim Burney View Post

      Does the Aussie goverment still have the £10 fare for uk immigrants???

      sorry the days of stealing bread and getting a free cruise to paradise are over im sorry
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    • Profile picture of the author Duff
      Originally Posted by Jim Burney View Post

      Does the Aussie goverment still have the £10 fare for uk immigrants???

      Ha ha ha ha.

      Yes you're so right Pete, with all the media going to town with whats going on lately (if only i had a dollar for every time i hear the words "global credit crisis") its a bit of relief for us here in oz. And not to mention every day the paypal numbers are climbing due to the falling dollar which is a bonus too!

      I just hope there aren't any more $2k products being launched anytime soon, i may have to give them a miss...
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  • Profile picture of the author samstephens
    I tried to bank a USD cheque today, but my bank was closed!

    I really hope it doesn't shoot up again tomorrow. I love this exchange rate at the moment!

    cheers
    Sam
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    • Profile picture of the author KarlWarren
      Originally Posted by samstephens View Post

      I tried to bank a USD cheque today, but my bank was closed!
      Lucky you're not in the UK, you'd be lucky if it opens again
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      • Profile picture of the author samstephens
        Originally Posted by KarlWarren View Post

        Lucky you're not in the UK, you'd be lucky if it opens again
        Haha, yeah I guess I should count myself lucky

        cheers
        Sam
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        • Profile picture of the author kazmagic
          Hi Pete and fellow aussies,

          It's great to see good things happening.

          Pity I'm not making much online yet!:rolleyes:

          I'm pleased for all that are though, I know how hard you must have worked to get there. Go for it guys!

          Karen
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      • Profile picture of the author Thomas
        Originally Posted by KarlWarren View Post

        Lucky you're not in the UK, you'd be lucky if it opens again
        Hee hee... I just had a vision of Karl frantically running from one bank to another, only to find them all collapsing seconds before he gets there.

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  • Profile picture of the author Kym Robinson
    This is a great situation for aussies - even if I did just take a 20K hit with shares - thank God for diversification!

    My advice to aussies is if you can at the mo - buy, buy, buy!
    and dont worry Kaz - your time will come!
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  • Profile picture of the author Nathan Denton
    Definately some good times for us here in Australia with the dollar falling. We dropped below U$0.70c at one point yesterday!! 1% rate cut today was quite literally huge, almost unprecedented and definately not expected.

    Interesting times ahead.
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  • Profile picture of the author samstephens
    Wow, I didn't realise there was a 1% cut (well a 0.8% cut for the banks, it seems).

    That's huge! Good time to buy real estate in Australia at the moment, it seems.

    cheers
    Sam
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  • Profile picture of the author Sheryl Polomka
    I love the aussie dollar at the moment, every time I withdraw funds from my paypal account and see the conversion to aussie dollars is fantastic.

    Good old OZ - The place to be right now!!!
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    • Profile picture of the author peteinoz
      Originally Posted by Shezz View Post

      I love the aussie dollar at the moment, every time I withdraw funds from my paypal account and see the conversion to aussie dollars is fantastic.

      Good old OZ - The place to be right now!!!

      too right

      love drawing down PP now..

      6 weeks ago it was painful when it was 1 to 1

      pete
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  • Profile picture of the author Vyliss
    Sweet Funny this is good news for us, when before I would have been annoyed about it.
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  • Profile picture of the author talfighel
    I am in Canada and a few months ago, if I were to convert a commission check of lets say $1000US to Canadian funds, I would get about $970 canadian.

    Wasn't too happy about that.

    Nowadays, if I were to take that same $1000US commission check, I will get about $1080 canadian which is good.

    I like that better.

    Tal
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  • Profile picture of the author peteinoz
    good news today on the aussie

    1 AUD = 0.7120 USD



    pete
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    • Profile picture of the author rondo
      Originally Posted by peteinoz View Post

      good news today on the aussie

      1 AUD = 0.7120 USD



      pete
      Now it's 0.676

      Crazy.
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      • Profile picture of the author Michael Mayo
        Wow....
        Deep depression seems to be setting in now!

        Ho...Hum!
        Michael

        Hey, are there any vacancies in OZ?
        Have room for one more?
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      • Profile picture of the author peteinoz
        Originally Posted by rondo View Post

        Now it's 0.676

        Crazy.

        WHAT??

        is it?

        my income just increased another 5% today.. how good is that

        man.. happy days..

        Rondo. you just made my day again!!

        pete
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  • Profile picture of the author Vyliss
    woohoo! I get paid tomorrow
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  • Profile picture of the author Rachel Goodchild
    it's the same in NZ too
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  • Profile picture of the author peteinoz
    0.615 today..

    just gets better for us..

    I feel for the aussies holidaying in US though..

    pete
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  • Profile picture of the author James Schramko
    I'll cope - Pete by the time I got home from your place I had
    more $$ than when I left !
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