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Old Jan 25th 2014, 6:19 am   #61
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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Originally Posted by Amazulu View Post
The last time it was 0.80 was in 2010 - Australia was booming
Yeah it was on its way up from 0.60
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Old Jan 25th 2014, 6:21 am   #62
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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The last time it was 0.80 was in 2010 - Australia was booming
By what measure? GDP was growing at about 2.5%...pretty sure that's considered below potential / long term trend.
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Old Jan 25th 2014, 6:35 am   #63
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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By what measure? GDP was growing at about 2.5%...pretty sure that's considered below potential / long term trend.
sure but doing better than most other western/OECD nations

AUD at 0.80 will suit some industries more than at 1.05 - mining, LNG, agri, EPCMs, manufacturing. Other industries - retail, importers will hate it

Consumers will gain in some areas, lose in others
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Old Jan 25th 2014, 10:16 am   #64
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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sure but doing better than most other western/OECD nations

AUD at 0.80 will suit some industries more than at 1.05 - mining, LNG, agri, EPCMs, manufacturing. Other industries - retail, importers will hate it

Consumers will gain in some areas, lose in others
0.80 and probably is more or even less is right for Australia. All the exporters you mention will love it and for most Australians who have no buying concept of the outside world it will be a good thing. For me it sucks. I want high value currency. So I'm off.
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Old Jan 25th 2014, 12:16 pm   #65
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

Aussie bogan publications have only just picked up on this 'how dare we have economic migrants' but if the $A and economy continue to slump this will be news.

http://mobile.news.com.au/national/a...-1226810397650
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Old Jan 26th 2014, 12:39 am   #66
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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Originally Posted by Beoz View Post
Aussie bogan publications have only just picked up on this 'how dare we have economic migrants' but if the $A and economy continue to slump this will be news.

http://mobile.news.com.au/national/a...-1226810397650
What a ridiculous non-news article

Some people leave
Some people arrive
Some people arrive and then move on
Some people arrive and then move on and then return
etc

The great big melting pot of life
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Old Jan 26th 2014, 11:34 am   #67
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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What a ridiculous non-news article

Some people leave
Some people arrive
Some people arrive and then move on
Some people arrive and then move on and then return
etc

The great big melting pot of life
I know. I really need to get the cookie blocker on the Sydney Morning Herald.
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Old Jan 26th 2014, 2:42 pm   #68
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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Originally Posted by Amazulu View Post
What a ridiculous non-news article

Some people leave
Some people arrive
Some people arrive and then move on
Some people arrive and then move on and then return
etc

The great big melting pot of life
I wonder where the over 80% of SA'ns go to?
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Old Jan 26th 2014, 7:52 pm   #69
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

Canadia
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Old Jan 26th 2014, 10:33 pm   #70
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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Canadia
I think New Zealand is also popular with them but I don't know any who have used Australia as a stepping stone except for some who chose to go back to SA.
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Old Jan 27th 2014, 12:56 am   #71
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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I wonder where the over 80% of SA'ns go to?
A lot go to NZ - easy to get into for a (allegedly) western country. Many then move onto Australia or elsewhere

Saffas (and Pacific Islanders) using NZ as an easy stepping stone ot Australia was one of the main reasons why our government removed the PR option for Kiwi citizens
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Old Jan 27th 2014, 3:06 am   #72
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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Originally Posted by Amazulu View Post
A lot go to NZ - easy to get into for a (allegedly) western country. Many then move onto Australia or elsewhere

Saffas (and Pacific Islanders) using NZ as an easy stepping stone ot Australia was one of the main reasons why our government removed the PR option for Kiwi citizens
That's interesting. But as you said earlier, multiple emigrations in a lifetime are the way these days. I wouldn't rule out one last hop before I'm done.

Probably no chance of our latest honorary Australian, Boris's dream of easier immigration between the UK and Australia happening though
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Old Jan 27th 2014, 3:32 am   #73
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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That's interesting. But as you said earlier, multiple emigrations in a lifetime are the way these days. I wouldn't rule out one last hop before I'm done.

Probably no chance of our latest honorary Australian, Boris's dream of easier immigration between the UK and Australia happening though
Other countries will definitely be part of my future

I was offered a stonking job in Reading a few weeks ago!
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Old Jan 27th 2014, 3:44 am   #74
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Default Re: Exchange rate AUD Vs GBP £1 buys $1.83

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Other countries will definitely be part of my future

I was offered a stonking job in Reading a few weeks ago!
But in Reading?! It would have to be for a lot of money. Reading's a dump
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Old Jan 27th 2014, 5:01 am   #75
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But in Reading?! It would have to be for a lot of money. Reading's a dump
I wouldn't be emigrating there dude - Dubai is a dump but plenty of people work there!

Money was very good
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