I see on the news that HD is closing it's Plympton wheel manufacturing operations and moving overseas to save money.
Chinese wheels??
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Source; syshd.com.au/blog/2011/03/april-2009-made-in-australia-issue/
didn't last long,,, Ouch
New Castalloy made a reported $5.5m profit last year.
Exchange rate in 2006 was about 60c+ to the dollar. Fast forward to today the same wheels cost HD USA about 70% more.
We can not compete with a country that controls and manipulates it's own exchange rate for predatory tactics. Wait until most manufacturing has gone from here then chinese prices will increase. Has already been mentioned but is the same as what Woolworths and Coles have done to groceries, hardware, and liquor.
Sad for our country and manufacturing future.