The Shifting Winds of the Australian Dollar

Australia again like the UK has historically been a weak currency courtesy of its deficits inflation. It actually the Aussie dollar looks quite cheap on a person in Para Para versus the US for example sits at the epicenter of the resource which we're going to come on to in a minute. So how active do you have to be with your currency overlays and how does it actually affect or stop a decision to invest somewhere in something else? Disconsumed an awful lot of my headspace and an awful much meeting hours amongst various team members who think about little else so the secular environment you're laying out is one that we more or less agree with or at least agree that you should discount