There is an interesting story about Australian travel spending and international travel habits or preferences. It provides some insight into where people are spending their holidays. It appears Australia is out of favour; no doubt this is because of the greater budgetary pressures of the recession as well as the relatively high AUD. Mind you, the AUD is off 10% - down from 1.07 t0 97c to the USD. The general buoyancy of the AUD of course explains the foreign holidays for Australians. Spending big whilst the currency is high.
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Andrew Sheldon www.sheldonthinks.com