AUDUSD Federal Budget says Australia will run at a deficit for at least the next 10 years, with a forecast annual deficit of 1 TRILLION dollars this next financial year, for the first time ever. Keep in mind, that is the annual deficit and not the total DEBT. And, Australia only has a population of 27 million people, yet California alone has a population of 39 million people. Australia relies largely on China for exports.. So in my opinion, the 
AUD does not have much going for it at present.
