This is a "meaningful risk", but liquidity for the sector should be manageable, he said. More broadly, Moody's sees Australian companies turning in a three-speed performance during 2010/11. Travelling fastest will be the resources sector, which Moody's says should perform strongly on the back of continued solid demand from China and India. At mid-speed would be domestically-focused sectors, and the slow-movers would be those companies with heavy exposure to the US and Europe which also would be weighed down by a stronger Australian dollar.