If interest rates go down, the dollar is going down, and if you are all in on "aust small caps" or similar in your super, you could and up trapped here, because

If interest rates go down, the dollar is going down, and if you are all in on "aust small caps" or similar in your super, you could and up trapped here, because your pacific pesos will be buying fuck all if you don't have ten million of them. So to me, it is looking pretty fucked going forward either way. (Interest stays high, or comes down but dollar crashes) Not saying you should, but I changed my entire portfolio to overseas growth funds to hedge against AUD going to USD20c. Last 12 months returned 22%, won't be like that every year but I am not expecting minus 25% any year soon. If I'm wrong, I feel that there will be bigger problems at hand, if I'm right I can retire to a vibrant lower cost centre experiencing growth, eg Cambodia or Vietnam, that's looking like a much better life. Now that's a bit extreme, but 40 is easy to see, so maybe 20-30 isn't out of the question. But if it does, then the farmers get a bonanza.