If they were to obtain all of their funding at home, that would be likely to increase the cost of those funds relative to funds sourced from offshore. So the all-in-cost of the marginal Australian dollar from domestic sources will tend to be about the same as the marginal dollar obtained from offshore.
As one of my colleagues recently said: “the best defence is to stick to sensible policies”. But we must now turn our focus to successfully hosting the 2010 FIFA Soccer World cup starting in about a week’s time, for the first time ever on the African continent.