Aussie after the elections

I've been following the RBA announcements a fair bit recently, and took note about the chance for the Aussie to decline further and wondered what everyone else's view was. We all know it's got smashed recently and hopefully an Abbott win will boost the economy because we can all see it is going down the pan.

Sky are saying they expect two further cuts. What do you think?

You can "see it going down the pan"? What measures have you used to verify this? Which statistics back it up?
Australians deserve Tony Abbott, enjoy your victory.

Maybe Holden and Fords new car sales being at their lowest level in 20 years since Rudd introduced FBT changes ,or Retail shops not opening on

Sundays because they cannot afford the penalty rates payable to staff,could be considered economic indicators.

Be that as it may, we are going down the toilet more slowly than others.

Cheers

To blame Holden & Ford low sales on changes to the FBT is an over simplification and typical of anyone who believes Abbotts slogans.
To clarify the only change to fbt car benefits is that the driver has to record actual mileage for a 3 month period once every 5 years.
If people are too lazy to do that then they aren't actually using the vehicle for the percentage of business purposes that they have been claiming.

Retail sales have been hurting and so has tourism but to blame that on high penalty rates is nonsense.
Don't you think our high dollar has had anything to do with it?


cheers

edited for typo