Entering text into the input field will update the search result below

The Avanti Group Comments On Aussie Dollar Strength

Jul. 08, 2013 2:04 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Avanti Group alerts investors about Australian Dollar woes while pointing to Japans increasing strength.

May 25, 2013 - The Avanti Group the equities research house based in Tokyo have today drawn their clients based in Australia attention to the great prospects Japan has to offer, highlighting the benefits of investing in this growing sector. As Australia's currency reaches new strengths, exporting declines putting strain on the country's industries, however this opens up great potential for investment outside the country.

"We are recommending investors check their positions concerning the markets associated with Australia and directing them towards solid investments linked to the Japanese recovery. As the strong Australian Dollar strains the manufacturing industry, Australians should be using this strong dollar to invest outside Australia to protect its current worth before control is regained and its value shrinks," today commented Andrew Taylor, the Senior Vice President of Mergers and Acquisitions at The Avanti Group.

Ford Australia divisions Falcon model has always been driven by Australia's 'Mad Max', having rolled off a Melbourne production line for more than 50 years is now potentially coming to an end due to the currency woes, making Max's last of the V8's a reality. What will the next sequel for 'Mad Max' feature? Driving a Japanese hybrid, it is a great possibility as Honda, Toyota, Mazda and other Asian carmaker's sales are growing.

"Now is the time Australians in particular should be exploring ways to personally retain the benefits of their currency's strength by getting assets into holdings outside the country thus protecting its current value from the eventual drop that will come. We are advising more and more everyday to make this move for their financial protection. We also have many other investors who are using our advice concerning this situation to cement solid positions in relation that will secure bankable gains," said Andrew Taylor, the Senior Vice President of Mergers and Acquisitions at The Avanti Group.

All together, the Australian Dollar's strength is damaging Prime Minister Julia Gillard, and her ruling Labor Party. PM Gillard's district borders on Toyota's Altona factory that currently employs 2,500 people, has earmarked $5.4 billion in the supporting of domestic car production until 2020, while failing to rein in the dollar's surge. People have lost patriotism and are no longer committed to buying Australian and that they are looking elsewhere to get the best value for their money. Efforts to shore up industries have been defeated by the Australian currency's strength, with industrialized regions like Victoria reeling under the pressure of a high Australian Dollar.

"Since the industry's decline is a continuing factor and with 'Abenomics' success, our investors should move quickly to avoid the loss of potential growth associated with the Australian Dollar strength and take advantage of the Japanese growth and success," concluded Andrew Taylor, the Senior Vice President of Mergers and Acquisitions for The Avanti Group.

The Avanti Group is an equity research house providing research and analysis outsourcing solutions for institutional financial traders worldwide, founded in early 2003.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.