Good or bad news, it could still be good news. While most are on the edge awaiting for final developments as to how low the Aussie dollar can go, some are just most happy they have taken advantage of its worth months ago.

The Australian Federation of Travel Agents (AFTA) said travel savyy Australian travellers, probably largely due to advance Christmas plans, had been paying for overseas holidays months in advance and loading up cash passports in anticipation of the dollar diminishing.

"A lot of consumers have got themselves organised while we were swinging in the $1.05 to $1.10 area,'' AFTA CEO Jayson Westbury was quoted saying on news.au.com.

The Australian dollar closed at US97.70 cents on Friday, down 2.5% from yesterday, connoting a 12% drop since its post-float high of $US1.1018 in July.

Though the plummeting Aussie dollar could lead to a drop in international bookings, specially going into the Christmas period, the AFTA said it is unlikely it would create a major dent unless the Aussie currency further slides to 65 cents.

Australians reportedly made 6.5 million overseas trips in the year to March. Popular destinations were New Zealand, the USA and Canada, Indonesia, the UK and Thailand.

On the other hand, a failing Aussie dollar is good news for domestic tourism as the sector had been steadily declining in the past four years.

In June domestic tourism experienced a four percent rise, according to figures from the Tourism Research Australia's National Visitor Survey. The hike was attributed to new hotel packages, new attractions, and aggressive marketing by national government.

With their purchasing power going down, frequent Aussie travellers might consider going on a domestic holiday instead of an international vacation.