With the latest drop in the Oz dollar. Is that going to affect the price of equipment this summer ? or Has it already been paid for pre delivery and then no price rise ?
Prices really did not go down that much when the Aussie dollar was up so they shouldn't go down that much either. Not sure but I guess importers have to wear these exchange rate fluctuations.
The plus side is a reducing Aussie dollar value would make Australian manufacturing more likely to happen.
In the end currency movements are a zero sum gain.
> In the end currency movements are a zero sum gain.
(Haven't heard this sayin' since uni days!)
Currency movement, not unlike bowel movements, may be 0-sum, but man's greed ain't.
It's probably gonna be like petrol: when it's going up, they pass on to us the hike right away. When it's going down, price stays up for a while as they say "reserves were paid on the old rates".
I'll wait for my current freeride/freestyle gear (3-4yo) to crap out some more before splurging.
The importers are all letting the retailers know this week that any stock arriving from now on will be 10 to 15% dearer due to the drop in $value.
So if you are after gear, guy now from the stock already instore and you will be saving money as opposed to buying anything later that's coming from the october/november deliveries.
for example we ordered sails from the factory and if the invoice was ready 2 weeks ago we would have paid at a value of 90 cents to the US $, now it is 71 cents. That is a massive price difference when buying in stock.
On a positive note, most shops have plenty of stock available from last year for bargain hunters.
It Sucks that America has so much influence over us. we need to cut them free, we are big boys in the world now.
