1.93's A$ to the Pound!!!
#33
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Joined: Jun 2005
Posts: 9,316


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


#34

Probably quite a few pommies here in Oz doing their sums and thinking about a return to the UK.

#35

Yeap - that's how quantative easing has helped the economy. All that extra money has made us all poorer . . .


#37

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

I think you just have to look at Nigeria for the answer to that question.

#39

I agree.I reckon we pay far less tax in our pay packet compared to Blighty.

#42
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Joined: Jun 2005
Posts: 9,316


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
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Joined: Oct 2008
Posts: 209








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.
