Over the last few months, we have been watched the slow descent of the AUD, and it seems that the AUD have not reached the equilibrium.

The value of AUD this morning is low of 67 cents to the value of the USD. It is amazing to think that it has gone from the value of 96 cents a few months ago all the way to here.

People believe that Australia will be one of the least effected by the current Global Recession. To me after looking at all the values of the dollar it seems Australia has been most affected by its money value. The AUD has had around 30% drops in the last couple of months.

It seems that US dollar is still holding strong in value on the market even though it is supposed to be the most effected country. By many economists estimate the AUD dollar should return to about 84 to 85 cents US in time. The main reason of this evaluation is the Australian dollar is majorly affected by interest rates.

How ever, as the descent of AUD and drop of property price in Australia, it create a great opportunity for overseas investor enter into the Australia real estate market. What we suggest is using the International Mortgage Service to borrow the low interest rate currency (such like SGD, CHF) to buy a property in Australia.