THE dollar reached a 27-year high of US$0.992, the highest since the dollar was first floated in 1983, which means buying in from the boys across the pond has never been cheaper.
Many commentators expect the new high to encourage a boom time for online shopping and travelling. Products such as clothes, books, beauty and electrical products are all flying off the shelves in the US and heading Down Under, as Money magazine’s Effie Zahos explains in the video above.
Specialty fashion products, such as larger-size shoes and clothes are often more readily available in the US with many online stores offering international shipping.
As with all online purchasing, be careful with the credit card you are using, it might help to have a card with a very low limit, check that the site is secure and also carefully read the returns policy before finalising the payment.
Your say: What are your favourite sites to buy from? Does an increase in the Aussie dollar tempt you to buy more online? Does the value of the dollar encouraged you to head to the US? Email us on [email protected]
