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Hey mate, don't have any of those, however I know the RBA have historical interest rate data which would be easy to put into Excel and plot.
Sorry I can't be of more help.
Hi 9ball, I don't have the best response for you, only a word from a fellow FX rate sufferer! We have some cash tied up in the UK that I'm desperate to pull back here and I'm waiting to see if the exchange rate improves.
Unfortunately there's not a lot we can do until the rate goes up. With another interest rate rise (or 2) coming, the Aussie dollar is going to get more attractive and hence, higher against the Pound, so the woes are continuing.
I believe the rate is about 2.25 today, so maybe there is light at the end of the tunnel.
I just hope your money's earning a decent rate in the UK!
Al
Thanks for that, Gary. The unit's worth about 310k, mortgage 230k. I should have been more specific; I own the unit with my fiancee so our appetite for risk is the same – we're in this together now! We're looking at having kids in a few years so my fiancee will not be working and I would like a little extra income to cover this.
I would definitely consider something out of Newcastle, however I am a little concerned with going too far astray as I am not familiar with the market further inland. A quick Domain.com.au search did bring up some houses at greatly reduced prices than in town. The only problem I see here is that gearing would again be a problem.
