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As you may have seen the AUD has taken a major hit over the past week – approximately 20% decline.
This has an immediate and significant impact on stock arriving and as a result we are being forced to review our prices. Unfortunately as a result of this deterioration, from Monday 23rd March, all product prices will be increased by 10%.
Whilst we are continually receiving stock shipments, there are some delays that are out of our control. Please contact your Novis account manager to discuss any stock concerns and upcoming purchase plans. We are only a phone call away.
We will be monitoring the exchange rate and other aspects daily and should things improve will also take this into account.
We appreciate your understanding and ongoing support as we work through this and other challenges.