The exporters hoping interest rate cuts lead to a boom


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He says the extent to which an industry will benefit depends on how exposed to overseas trade it is. The poultry industry, for example, exports only around 10 per cent of its produce, but high-volume export industries like beef, lamb, crops and grain are heavily-geared towards exports.


Anni Brownjohn, founder of Ozganics, believes a drop in the dollar will help the firm “become really competitive again” in Asian markets.



We’ve got the Aussie coming down to 66 US cents … the direction should be down, but the pace of direction will be very much moderated by strong commodity performance


Bill Evans, Westpac


The company – based in Murwillumbah, just south of the NSW-Queensland border – produces organic, gluten- and dairy-free food, mainly sauces and dressings.


“We were doing really well but the GFC knocked about markets. We’ve struggled to get back into markets like Taiwan ever since, particularly after US competitors decided to aggressively price and take advantage of our high exchange rate,” says Brownjohn.


Article source: https://www.smh.com.au/sport/racing/race-by-race-guide-and-tips-for-hawkesbury-20180919-p504nx.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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