The Australian dollar has come under pressure since April this year. First, the Aussie dollar pushed through parity now the Australian dollar is currently trading at .91 US dollars at the time of posting.

Falling commodity prices, a higher than expected budget deficit and expectations of lower interest rates are placing downward pressure on the Australian dollar.

Several ASX listed companies benefit from a lower Australian dollar. Companies that have significant revenues offshore tend to benefit the most from a falling $A.

Below we have listed companies that have a high percentage of their revenue from overseas operations.

ASX200 Company Name Total Revenue % of Revenue from an International Source
RMD ResMed Inc. 1,243 97.2%
BXB Brambles Ltd. 4,739 87.7%
CSL CSL Ltd. 4,188 87.4%
SGM Sims Metal Management Ltd 8,847 84.5%
AMC Amcor Ltd. 12,412 84.4%
COH Cochlear Ltd. 732 83.3%
NWS News Corp. 33,884 82.6%
ANN Ansell Ltd. 1,220 80.5%
CPU Computershare Ltd. 1,784 79.7%
JHX James Hardie Industries SE 1,239 77.2%
QBE QBE Insurance Group Ltd. 14,887 75.5%
ALL Aristocrat Leisure Ltd. 704 73.6%
BLY Boart Longyear Ltd. 1,958 73.5%
BBG Billabong International Ltd. 1,685 70.2%
NUF Nufarm Ltd. 2,084 66.6%
ORI Orica Ltd. 6,182 65.3%
WDC Westfield Group Australia 4,857 65.0%
TWE Treasury Wine Estate Ltd. 1,462 63.8%
BSL BlueScope Steel Ltd. 9,112 56.0%
SHL Sonic Healthcare Ltd. 3,077 52.2%
ALQ ALS Limited 1,108 46.7%
MQG Macquarie Group Ltd. 12,002 46.3%
FLT Flight Centre Ltd. 1,678 44.9%
BKN Bradken Ltd. 1,147 43.5%
LLC Lend Lease Group 9,014 43.4%
ANZ Australia & New Zealand Banking Group Ltd. 30,175 42.2%
GMG Goodman Group 696 41.4%

Source:Factset, MSWM Research

Here at The Quinn Group our experienced team of Financial Planners and Accountants can provide you with advice and assistance in regard to Financial Planning. For advice on whether your portfolio should be reweighted as a result of the falling Australian dollar please contact Peter Quinn by submitting an online enquiry or calling us on +61 2 9580 9166 to book an obligation free appointment.

The information in this document does not take into account your personal objectives, financial situation or needs and so you should consider the appropriateness having regard to these factors before acting on it. It is important that your personal circumstances are taken into account before making any financial decisions and it is recommended that you seek assistance from your financial adviser.

Enquire today and we will get back to you next business day.