Further to my last post…$50,000 lend on US property in Australians dollars at 4%= $2,000 per year. Interest rate fluctuates so Aussie dollar falls against USD by 10%It then takes $2200 a year in aussie dollars to service the same loan, which is a $200 a year increase. $200 on a $50k loan is about o.4 of one percentAgain, happy to be told I am…[Read more]

Hello RichardI think I see serious flaws in your maths in relation to your respponse to Jim ( above )A 10% increase in the repayment of a loan interest due to a change in exchange rate does not equate to a 10% interest rate hike. I may be wrong in my maths also but I image it would be equating to half to one percent. The 10% is being levied on an…[Read more]