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A Strong Aussie Dollar

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Blog entry by degoose posted 11-09-2011 09:40 AM 4143 reads 0 times favorited 15 comments Add to Favorites Watch

This is really for all the Aussies here… who do not read my regular blog…

It is certainly nice to have a very strong Aussie dollar… not good for exports but certainly for imports.. now before I get bagged for saying this… let us look at some of the things we need that we have to import… for me the number one item is Titebond III glue… for the longest time it was just around the AU$ 90.00 mark for a US gallon or 3.75 ltrs…

Thanks to the strengthening dollar… it is now available from Carba-tec for AU$ 59.00….

I thought that was not a bad price reduction….. that is until a mate told me you can get it from the new MASTERS Hardware for …

Wait for it….

$30.55…... WOW….

So off I trot to Masters to check it out… and guess what… IT is all sold out… the gallons and the 500 mm size… so I go a litre bottle for 16 bucks and ordered 3 one-gallon bottles… they tell me they will be in by the first part of next week…

You got to love competition and a strong Aussie Dollar…

-- Drink twice... and don't bother to cut... @ lazylarrywoodworks.com.au For lovers of all things timber...



15 comments so far

View Tootles's profile

Tootles

713 posts in 1187 days


#1 posted 11-09-2011 10:43 AM

Masters Hardware you say? Don’t think they’ve made it to our neck of the woods (not that that is unusual). Still, I do need to go visit Carba-Tec sometime soon so I’m glad that their prices are down too.

Now, if we can just get the cost of evaporust down as well …

-- I may have lost my marbles, but I still have my love of woodworking

View TopamaxSurvivor's profile

TopamaxSurvivor

14855 posts in 2361 days


#2 posted 11-09-2011 12:34 PM

Larry, that is the end of the US Dollar you are seeing. Glad to see someone benefiting ;-)) beside the Chinese!! ;-((

-- "some old things are lovely, warm still with life ... of the forgotten men who made them." - D.H. Lawrence

View helluvawreck's profile

helluvawreck

15959 posts in 1552 days


#3 posted 11-09-2011 02:34 PM

Australia is booming. My son in law to be is in construction specializing in the supervision of portions of very large construction projects. America is dead in this for the most part. The last project that he worked on two years ago was a $2 billion project but they pulled the plug on it in mid stride and now sits there rotting. He’s pretty sure he’s going to work on a large energy project down in Australia that will take 10 years and billions of dollars to build. I’m glad there are still some countries left that don’t abuse their currency.

-- If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music which he hears, however measured or far away. Henry David Thoreau

View Jim Jakosh's profile

Jim Jakosh

11716 posts in 1791 days


#4 posted 11-09-2011 03:40 PM

I think the bankers and politicians in Australia have their heads on straight. Over here it is how can we become billionaires and let’s pass this legislation so we get funds contributed to get re elected- no matter how it hurts the average guy. The euro guys’ boat is sinking too.

Larry, enjoy it there . After looking at the news, you have the best place to live in the world!!

-- Jim Jakosh.....Practical Wood Products...........Learn something new every day!! Variety is the Spice of Life!!

View fernandoindia's profile

fernandoindia

1073 posts in 1629 days


#5 posted 11-09-2011 05:45 PM

Hi Larry, it seems you are in the Fantasy Island.

Enjoy.

-- Back home. Fernando

View Jeff in Huntersville's profile

Jeff in Huntersville

400 posts in 1880 days


#6 posted 11-09-2011 06:07 PM

The $AU is a bit more valuable than the $US but not by much. This morning (11/9/2011) it was at 1.0180. I suspect it was more a matter of charging what the market would bear. It’s the same in Canada. While the $C is worth more than the $US (1.0217 on 11/9/2011) prices for identical items always cost more than in the US.

View BritBoxmaker's profile (online now)

BritBoxmaker

4400 posts in 1722 days


#7 posted 11-09-2011 07:47 PM

I’ll ‘stick’ with Larry on this one , Jeff.

-- Martyn -- Boxologist, Pattern Juggler and Candyman of the visually challenging. http://www.theartofboxes.com

View TopamaxSurvivor's profile

TopamaxSurvivor

14855 posts in 2361 days


#8 posted 11-09-2011 08:08 PM

There was a story on the news this week about an American who found a job, but they said it was 20,000 miles away in Australia. Not sure, but I think 20,000 miles from here might over shoot and land him nearly on the other side of the US in the Atlantic ;-))

-- "some old things are lovely, warm still with life ... of the forgotten men who made them." - D.H. Lawrence

View Joe Lyddon's profile

Joe Lyddon

7797 posts in 2738 days


#9 posted 11-09-2011 08:58 PM

Just Hang in There…
... in a few more months, our (US$) will be worth a whole lot LESS… giving you a BETTER deal for the glue and other things!

It’s nice to see that you’re starting to be able get better deals as a result of our unreal methods of trying to Bail Out everything in sight by just throwing more MONEY at it!

You deserve it… You are EARNING it!

-- Have Fun! Joe Lyddon - Alta Loma, CA USA - Home: http://www.WoodworkStuff.net ... My Small Gallery: http://www.ncwoodworker.net/pp/showgallery.php?ppuser=1389&cat=500"

View lanwater's profile

lanwater

3088 posts in 1620 days


#10 posted 11-09-2011 09:13 PM

Larry:

I hate to say that it is not good at all.
Cheap imports will destroy local manufacturers ability to compete. Less jobs less buyers with residual income to buy things like fancy cutting boards.

To keep it short just take a look at our economy right here in the US.

-- Abbas, Castro Valley, CA

View degoose's profile

degoose

7038 posts in 2040 days


#11 posted 11-09-2011 10:36 PM

My point was that there are things that are not made in Australia.. and now I can access them cheaper… also I was making the point that I am buying American…I refuse to buy non Australian Made… but it is getting harder…

-- Drink twice... and don't bother to cut... @ lazylarrywoodworks.com.au For lovers of all things timber...

View Bob Kollman's profile

Bob Kollman

1797 posts in 1876 days


#12 posted 11-10-2011 10:15 AM

So I can get tight bond 3 for 31.95 american….is that better than 30.55 Aussie????

-- Bob Kenosha Wi.

View degoose's profile

degoose

7038 posts in 2040 days


#13 posted 11-10-2011 10:34 AM

Same same… that means that there is no shipping cost… all the way over here…

-- Drink twice... and don't bother to cut... @ lazylarrywoodworks.com.au For lovers of all things timber...

View Grumpy's profile

Grumpy

19553 posts in 2537 days


#14 posted 11-10-2011 10:51 PM

Mate, that’s a good buy. I got the original in that quantity delivered to the door for $49 from hardware.net.com.au, and I thought that was good.

-- Grumpy - "Always look on the bright side of life"- Monty Python

View Woodfix's profile

Woodfix

323 posts in 1985 days


#15 posted 03-20-2012 07:00 AM

Temptation is a terrible thing. From my home to Masters is less than 3km, which of course means Carbatec is about 3.1km away and of course there is Bunnings about 4km away. When I can retire, I will only need a bike to go everywhere I need to go.

-- Living is a constant gamble, life is about working the odds in your favour

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