1.93's A$ to the Pound!!!
#33
Account Closed
Joined: Jun 2005
Posts: 9,316
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!)
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!)
#34
Re: 1.93's A$ to the Pound!!!
Probably quite a few pommies here in Oz doing their sums and thinking about a return to the UK.
#35
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 . . .
#37
Re: 1.93's A$ to the Pound!!!
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 ?
#38
Re: 1.93's A$ to the Pound!!!
I think you just have to look at Nigeria for the answer to that question.
#39
Re: 1.93's A$ to the Pound!!!
I agree.I reckon we pay far less tax in our pay packet compared to Blighty.
#42
Account Closed
Joined: Jun 2005
Posts: 9,316
Re: 1.93's A$ to the Pound!!!
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.
*I'm sure if everyone manged to scam it then the government would bring in tougher stuff than IR35.
#45
Forum Regular
Joined: Oct 2008
Posts: 209
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.