Lots of Aussies living on rice
#1
Lots of Aussies living on rice
I just read somewhere that because of the expensive cost of things in OZ, many people are having to live on rice just to survive.
A lot of people are drowning in debt.
It seems the dream is over for many people unfortunately.
A lot of people are drowning in debt.
It seems the dream is over for many people unfortunately.
Last edited by lumpommer; Aug 8th 2010 at 5:58 pm.
#3
Re: Lots of Aussies living on rice
I believe thats the report you were looking for :
http://www.abc.net.au/news/stories/2...30/2940555.htm
Mortgage rates are staying as they are for the next few months. Sadly I think there was always going to be some mortgage stress from those who thought, for some reason, that rates in January 2009 when the RBA moved them down 2% would stay. But that's not I suspect the underlying reason for that report.
Around 20% of the population in Queensland are thought to actually live below the poverty line, a fact not exactly touted by those with dreams of Ramsey Street, economic uncertainty can take its toll. So if you were to question a stratified selection of the Queensland population you would probably end up getting the answer that 1 in five people eat less to pay the bills.
http://www.abc.net.au/news/stories/2...30/2940555.htm
Mortgage rates are staying as they are for the next few months. Sadly I think there was always going to be some mortgage stress from those who thought, for some reason, that rates in January 2009 when the RBA moved them down 2% would stay. But that's not I suspect the underlying reason for that report.
Around 20% of the population in Queensland are thought to actually live below the poverty line, a fact not exactly touted by those with dreams of Ramsey Street, economic uncertainty can take its toll. So if you were to question a stratified selection of the Queensland population you would probably end up getting the answer that 1 in five people eat less to pay the bills.
#4
Re: Lots of Aussies living on rice
Due to the drought, Australia’s rice crop has been decimated in recent years. These rice farmers and processors would love to be eating rice.
#5
Re: Lots of Aussies living on rice
We eat a lot of rice but we are not in debt, its not that cheap
#10
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: Lots of Aussies living on rice
We live on rice by choice! It's a staple!