Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

1.93's A$ to the Pound!!!

1.93's A$ to the Pound!!!

Old Aug 27th 2009, 11:49 pm
  #16  
Forum Regular
 
Joined: Nov 2007
Posts: 185
sue1964 is just really nicesue1964 is just really nicesue1964 is just really nicesue1964 is just really nicesue1964 is just really nicesue1964 is just really nicesue1964 is just really nicesue1964 is just really nicesue1964 is just really nice
Default Re: 1.93's A$ to the Pound!!!

I remember when we emergrated 10 years ago.
Our 1st bit of cash we changed was 5000 pounds turned into $16000 thise were the days!!
sue1964 is offline  
Old Aug 27th 2009, 11:53 pm
  #17  
(It's not my real name)
 
renth's Avatar
 
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
renth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by mindblower
i can see 1.70 or 1.50- basket case uk
I agree. The people in the UK have a certain one eyed Scottish idiot to thank for this and his magic money printing press.
renth is offline  
Old Aug 27th 2009, 11:57 pm
  #18  
Proudly Deplorable
 
Amazulu's Avatar
 
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Amazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by renth
I agree. The people in the UK have a certain one eyed Scottish idiot to thank for this and his magic money printing press.
Yeah, and the next mob that takes over is going to have to sort out the mess he and Bliar made - which is going to take a long time.
Amazulu is offline  
Old Aug 27th 2009, 11:59 pm
  #19  
BE Forum Addict
 
koalakim's Avatar
 
Joined: Dec 2006
Location: Mt Martha, Melbourne
Posts: 1,199
koalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond reputekoalakim has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Check this website out:

http://www.x-rates.com/d/AUD/GBP/hist2007.html

Quite interesting that 95-97 the pound was weak and volatile then after that it's been pretty good up until summer last year when it's been up and down like a yoyo.

I can't see things improving for the pound until either the Aussie bubble bursts or the markets gain confidence in the pound once the current Govt get ousted.

KK
koalakim is offline  
Old Aug 27th 2009, 11:59 pm
  #20  
BE Enthusiast
 
Joined: Jun 2007
Location: The "Gong"
Posts: 433
Stu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of lightStu Ward is a glorious beacon of light
Default Re: 1.93's A$ to the Pound!!!

Guys you have to remember that $2.7 was the blip, not what you see now.

What is happening now is the stabilising of currency due to the global economic positions of each nation.

The exchange rate was pretty much stable between 2.1 - 2.2 for a long time.
2.7 hit at the announcement of the official global recession.
The UK's Quantative easing has devalued the currency from its normal 2.2 down to the sub 2

Thats my take on it anyway
Stu Ward is offline  
Old Aug 28th 2009, 12:01 am
  #21  
Account Closed
 
Joined: Jul 2005
Posts: 1,693
mindblower is an unknown quantity at this point
Default Re: 1.93's A$ to the Pound!!!

[/QUOTE]



Correct.

One eyed scottish git Brown !
mindblower is offline  
Old Aug 28th 2009, 12:13 am
  #22  
BE Forum Addict
 
Joined: Apr 2008
Location: Epsom
Posts: 1,705
sr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond reputesr71 has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Still, the low £ would be good if the UK still had manufacturing industry.
sr71 is offline  
Old Aug 28th 2009, 12:18 am
  #23  
(It's not my real name)
 
renth's Avatar
 
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
renth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by Amazulu
which is going to take a long time.
It will take a generation of austerity. I don't think this fact has really sunk in yet with the good folk back in the "old country". It will all start happening after the election - the tax hikes the massive cuts in govt. spending. It's going to be horrendous.
renth is offline  
Old Aug 28th 2009, 2:53 am
  #24  
BE Enthusiast
 
stm1971's Avatar
 
Joined: Jan 2009
Location: Home!!!
Posts: 421
stm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of lightstm1971 is a glorious beacon of light
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by renth
It will take a generation of austerity. I don't think this fact has really sunk in yet with the good folk back in the "old country". It will all start happening after the election - the tax hikes the massive cuts in govt. spending. It's going to be horrendous.
A bit like Australia then, oh sorry.....we already pay massive amounts in taxes.

The lower the better as far as I'm concerned, more pounds for my dollars.
stm1971 is offline  
Old Aug 28th 2009, 3:03 am
  #25  
(It's not my real name)
 
renth's Avatar
 
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
renth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by stm1971
A bit like Australia then, oh sorry.....we already pay massive amounts in taxes.

The lower the better as far as I'm concerned, more pounds for my dollars.
Nothing like Australia. Australia hasn't been printing money like the UK. I don't think we do pay massive amounts in tax - I don't anyway - I reckon I'm income tax free when you take into account Family Tax benefit.
renth is offline  
Old Aug 28th 2009, 3:05 am
  #26  
Account Closed
 
Joined: Jun 2005
Posts: 9,316
MartinLuther is an unknown quantity at this point
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by stm1971
A bit like Australia then, oh sorry.....we already pay massive amounts in taxes.
Less than the UK though.

Also until the recession Aus was running a surplus that it didn't know how to distribute. UK had no such luxury even with its higher taxation.
MartinLuther is offline  
Old Aug 28th 2009, 3:14 am
  #27  
BE Enthusiast
 
Joined: Jul 2009
Posts: 593
hereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by sr71
As I predicted in another thread - it may go as low as $1.80
Totally agree. THey have devalued the pound to keep exports alive and also maintain the nominal price of the housing stock in the UK. If you're in euros, for example, UK housing has gone down about 50% in the last couple of years. Things could get worse as well- a formal devaluation and a run on the pound as well.
hereandthere is offline  
Old Aug 28th 2009, 3:15 am
  #28  
 
Centurion's Avatar
 
Joined: Jan 2005
Location: Asia Pacific
Posts: 4,922
Centurion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond reputeCenturion has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by stm1971
A bit like Australia then, oh sorry.....we already pay massive amounts in taxes.

The lower the better as far as I'm concerned, more pounds for my dollars.
I easily pay less tax here than back in the UK. I suspect, but am unable to quantify completely, that I pay considerably less stealth tax.

At least the Australian government has the decency not to tax you when you die here on the money they have already taxed you to death on
Centurion is offline  
Old Aug 28th 2009, 3:27 am
  #29  
BE Enthusiast
 
Joined: Sep 2002
Location: Mornington, Melbourne
Posts: 419
65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice65 million is just really nice
Default Re: 1.93's A$ to the Pound!!!

Yes, this is not the end of it yet.
We will most likely be seeing 1.7-1.8 in the coming 12 months.
Until Mr Brown pulls his finger out Stirling is only going down.

I got married in Qld, March 2001, we were getting over $3 to the pound then!!! (happy days).
65 million is offline  
Old Aug 28th 2009, 3:34 am
  #30  
BE Enthusiast
 
Joined: Jul 2009
Posts: 593
hereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond reputehereandthere has a reputation beyond repute
Default Re: 1.93's A$ to the Pound!!!

Originally Posted by 65 million
(happy days).
Depends which way you're your travelling....
hereandthere is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.