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Old Aug 28th 2009, 6:23 am   #31
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Default Re: 1.93's A$ to the Pound!!!

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Originally Posted by sr71 View Post
As I predicted in another thread - it may go as low as $1.80
Yep, the guy at Halo sent me an email advising of this too.
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Old Aug 28th 2009, 6:45 am   #32
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Default Re: 1.93's A$ to the Pound!!!

Woo hoo great news!!!!
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Old Aug 28th 2009, 7:39 am   #33
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Default Re: 1.93's A$ to the Pound!!!

Aussie wages must be looking good at the current exchange rates

I guess the average wage is looking quite generous too.

If the rate keeps dropping like this we'll all be pound millionaires (Just kidding!)
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Old Aug 28th 2009, 7:46 am   #34
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Default Re: 1.93's A$ to the Pound!!!

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Originally Posted by MartinLuther View Post
Aussie wages must be looking good at the current exchange rates

I guess the average wage is looking quite generous too.

If the rate keeps dropping like this we'll all be pound millionaires (Just kidding!)
Probably quite a few pommies here in Oz doing their sums and thinking about a return to the UK.
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Old Aug 28th 2009, 8:05 am   #35
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Default Re: 1.93's A$ to the Pound!!!

Yeap - that's how quantative easing has helped the economy. All that extra money has made us all poorer . . .
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Old Aug 28th 2009, 8:09 am   #36
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Default Re: 1.93's A$ to the Pound!!!

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Probably quite a few pommies here in Oz doing their sums and thinking about a return to the UK.
I've done the calculation but it's not enough to drag me back
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Old Aug 28th 2009, 8:09 am   #37
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Default Re: 1.93's A$ to the Pound!!!

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Yeap - that's how quantative easing has helped the economy. All that extra money has made us all poorer . . .
I wonder if the differential will increase when the Chinese start really going at it on Aus Minerals resources again ?

Does anyone know if resource buying actually increased the everyday wealth of average people in Oil Rich countries.... Or did it all get channelled away by big business ?
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Old Aug 28th 2009, 8:13 am   #38
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Default Re: 1.93's A$ to the Pound!!!

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Does anyone know if resource buying actually increased the everyday wealth of average people in Oil Rich countries.... Or did it all get channelled away by big business ?
I think you just have to look at Nigeria for the answer to that question.
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Old Aug 28th 2009, 8:30 am   #39
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Default Re: 1.93's A$ to the Pound!!!

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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.
I agree.I reckon we pay far less tax in our pay packet compared to Blighty.
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Old Aug 28th 2009, 8:34 am   #40
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Default Re: 1.93's A$ to the Pound!!!

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I agree.I reckon we pay far less tax in our pay packet compared to Blighty.
I pay much more tax here than I did in the UK.
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Old Aug 28th 2009, 8:44 am   #41
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Default Re: 1.93's A$ to the Pound!!!

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I pay much more tax here than I did in the UK.
Me too
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Old Aug 28th 2009, 8:53 am   #42
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Default Re: 1.93's A$ to the Pound!!!

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I pay much more tax here than I did in the UK.
Yeah, but you were doing it as a pretend company in the UK. That's not available to everyone* so is not a great comparison. You could compare it to a friend I know who manages to get his tax down to 6%. Again it's not something everyone can do so it's not really comparative.

*I'm sure if everyone manged to scam it then the government would bring in tougher stuff than IR35.
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Old Aug 28th 2009, 9:15 am   #43
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Default Re: 1.93's A$ to the Pound!!!

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Me too
You must be doing something wrong if a man with your declared immense wealth can't get his tax take down
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Old Aug 28th 2009, 9:24 am   #44
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Default Re: 1.93's A$ to the Pound!!!

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You must be doing something wrong if a man with your declared immense wealth can't get his tax take down
Probably.....but I really can't be arsed with such trivia.

Life is too short to worry about whether I pay too much tax or not.
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Old Aug 28th 2009, 9:33 am   #45
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Default Re: 1.93's A$ to the Pound!!!

Anyone thought that it might be the weak US dollar that's affecting all this? I don't think Australia can compete with the low cost of US exports forever - maybe I'm wrong.
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