That's a matter for the Liberal Party when I am no longer there, which is a long time into the future. And there's nothing particularly magical about 50 cents. But the strength of the Australian economy warrants a higher dollar over the medium to longer term. It certainly does. And the reason that it's jumping around is that there's a lot of financial turbulence on world markets and a small currency like Australia's gets buffeted in the process.
People get a bit nervous and they put their money into the big currencies like the American dollar.
The American dollar acts as a magnet to world capital at a time of international financial turbulence and we can't control that. This has got nothing to do with domestic factors in Australia. I mean Mr Beazley's running around blaming the GST, well the GST hasn't sent the Dow Jones down. It hasn't undermined the banks in Japan. I mean give us a break.