Soaring Aussie Dollar!!! Yay

A soaring Australian dollar is turning away foreign tourists from our shores — while locals are taking up ever more affordable opportunities to spend their cash on overseas holidays, according to an Australian newspaper. The Australian Tourism Expert Council has warned that the local tourism industry needs to reinvigorate its pitch to overseas markets, especially where gains by the Australian dollar have caused concern among prospective inbound tourists. The tourism council's managing director, Matthew Hingerty, told the Sydney Morning Herald: "There's massive investment in infrastructure in our region, and we are missing out in particular in (the hosting of) meetings and events in "We need a significant injection of marketing dollars, and we also lack innovation." (just one man’s view. We infact are a very innovative society Mr Hingerty!)">The Australian dollar stands at US92.07 cents and 105.52 yen, according to overnight market reportsThe latest Tourism Research Australia International Visitor Survey revealed that 5.1 million international visitors came to Australia in the 2006/07 financial year — three percent up on the previous year but lagging behind the global growth rate of 4.5 percent. Mr Hingerty said he welcomed the Federal Government's $8 million campaign last month promoting world heritage areas to the Japanese market.
the Phoenix's view: Australia is coming into it's own power at last! not being reliant on the US dollar.We are independent!
A most positive statement for Australia, we are growing up as a nation in it's own right.