Macquarie Set for Profit Gain as Australian Dollar Weakens

Full story: The Washington Post

Macquarie Group Ltd., which earned 63 percent of its revenue from outside Australia last year, is set for a profit boost from the local currency's decline to a near three-year low against the U.S. dollar.
Comments
1 - 1 of 1 Comments Last updated Jul 10, 2013
Matt Mushalik

Epping, Australia

#1 Jul 10, 2013
The lower AUD will hit all oil dependent infrastructure and those who have unwisely invested in it without considering peak oil - which is NOT dead:

4/7/2013
2/3 of Egypt's oil is gone 20 years after its peak
http://crudeoilpeak.info/23-of-egypt%e2%80%99...

6/7/2013
Egypt's future crude oil import requirements for 3 population scenarios
http://crudeoilpeak.info/egypts-future-crude-...

Peak oil now costs real money - at the bowser

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