PPRuNe Forums - View Single Post - More Aussie companies sold- more wealth shipped off overseas
Old 27th Jun 2016, 01:25
  #18 (permalink)  
Andy_RR
 
Join Date: Oct 2005
Location: somewhere in Oz
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Here's the capital flow - virtually a mirror of the current account, which is why the AUD is't being trashed. This is inward-flowing capital is basically foreigners capital developing and buying up the Aussie asset base. That's OK up to a point, but the profits those assets generate are shipped offshore at the whim of the foreign owners.

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