just about every term deposit account here is bewteen 4 and 5 pct for 12 months..
i have 320k earning 4.7 pct as we speak
there is also every chqance it could go the other way too. Many are prediciting the aud to grow signiciantly against the usd. Its already up 30 pct over the last 12 months with china and the mining boom showing no signs of dropping and an unemployment rate of 5.3 pct, and the imf just declaring the ozzie ecomony the strongest in the world for all western economies it could be a good bet.
it would actually be terrible for me. I want the aud to weaken because my blog revenue is in euro and usd...
but it does make travelling easier.
as far as getting your hands on some of th action. I could be a conduit i guess - we just need to do it legally...