Does hosting content for one country in another country negatively affect its SEO ranking?

[jez000]

Hi, my content is primarily for Australian audiences, however due to a general lack of competitive hosting infrastructure, I tend to host a lot of content in the US.

A 2007 article I read implied that it's not a good idea - does anyone have a definitive 2011 answer?

Cheers, Jez

[AlanMosley]

Have you set your geo data to Au?

see what Matt Cutts (Google) has to say

http://www.seorabbit.com/geo-location-and-seo