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  1. Thanks for that, as I don’t often get the time to check out the detail behind the current account.

    A combo of falling AUD and rising yields would do the trick. However we have always had a CAD and always will and someone somewhere has to be in deficit for someone to be in surplus! The fact is I don’t think it is of great concern but it is a gentle reminder why we will never be a safe haven and why current conditions are unlikely to persist longer-term

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