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1.93's A$ to the Pound!!!

1.93's A$ to the Pound!!!

Old Sep 9th 2009, 1:41 pm
  #121  
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by ozzieeagle
Surely you would have to "burn" at least 50k (AUD) on a move and thats without the surety of a job.

I reckon we would be at least 40 to 50k PA (AUD) down on income in the UK. As I'd only be able to get bitsa jobs at my age. The Wife however should be able to get a job easily as a Psych nurse.

Nope not tempted.... Last thing on top of this you should do is move settled kids. Not for us... Maybe in ten years I would look hard at it. Timing is never right in these financial opportune matters. Got to admit looks like there could be plenty of Dosh to be made for the right people with the right circumstances.

Could knock years of their working lives, and bring retirement closer.
I'm quite interested in this talk of retiring back to the UK because I would have thought the total opposite would apply. If you came here in your 20s or 30s you would have a family here and they would grow up here, and then the generation above you would pass on to heavenly pastures - so what would be back in the UK? Also there's the weather, with millions of retiring Brits trying to get to the Med for their retirement the message seems that people don't want to retire to a cold climate??
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Old Sep 9th 2009, 2:46 pm
  #122  
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Default Re: 1.93's A$ to the Pound!!!

Theres a few of us, that have had their kids born and raised here, who's kids have upped and moved to the UK. My 2nd Aussie born bred and educated Daughter has done exactly this, I suspect that one of my latter two could as well.

Personally, up until my last visit. I had planned to spend each UK summer in the Northern Hemp, most likely based in the UK. Reason being, I hardly saw any of my own Country before I migrated at age 23, let alone Europe.

Plenty of people with similar wishes for different reasons. Nothing wrong with Australia from my point of view, although I do find the prospect of years of visiting more and more beaches, paticuarly unenticing.
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Old Sep 9th 2009, 2:49 pm
  #123  
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by ozzieeagle
Theres a few of us, that have had their kids born and raised here, who's kids have upped and moved to the UK. My 2nd Aussie born bred and educated Daughter has done exactly this, I suspect that one of my latter two could as well.

Personally, up until my last visit. I had planned to spend each UK summer in the Northern Hemp, most likely based in the UK. Reason being, I hardly saw any of my own Country before I migrated at age 23, let alone Europe.

Plenty of people with similar wishes for different reasons. Nothing wrong with Australia from my point of view, although I do find the prospect of years of visiting more and more beaches, paticuarly unenticing.
OK interesting. My concern would be how flighty young people are. If I followed them back to the dark and drizzle and got settled and then they told me they were moving to Melbourne or Dallas or Auckland I think I would be pretty irked. What a complicated life we immigrants live............Also, way more to life here than just beaches.
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Old Sep 9th 2009, 3:07 pm
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by hereandthere
OK interesting. My concern would be how flighty young people are. If I followed them back to the dark and drizzle and got settled and then they told me they were moving to Melbourne or Dallas or Auckland I think I would be pretty irked. What a complicated life we immigrants live............Also, way more to life here than just beaches.
Ahh also I dont believe there is anywhere more interesting or vibrant than where I currently live in Aus. From my point of view that is... Thats the Inner North of Melbourne. Certainly ticks my boxes, I'd love to find somewhere as interesting around the rest of Aus, havent managed so far in 30 years here. Makes me feel like I've seen the best of Aus. The great outdoors is not one of my greater loves... Musuems, Galleries, and Historical Architechture are. Plenty of places in the UK seem to have plenty to hold my attention. I dont think it's a bad thing to say I've seen enough aborignal artifacts in my time, for that side of local history to be considered enough for me.



Personally I've got so much family back in the UK, paticuarly my brother and very close cousins that I'd anticipate, I would really enjoy their company, I have on all my visits. If it means I have to travel back to Aus to see my immediate family, each year then thats almost a bonus...You never know though I will admit.
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Old Sep 9th 2009, 5:20 pm
  #125  
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Default Re: 1.93's A$ to the Pound!!!

Burn $50K ... ? No way fella, $30K perhaps.

Job wouldn't be an issue & kids are still not even 7 and we have three!!!

If things got silly and the rate hit $1.80 we'd be quids in and left with a no-brainer choice.

The next 3 months will reveal all.

Originally Posted by ozzieeagle
Surely you would have to "burn" at least 50k (AUD) on a move and thats without the surety of a job.

I reckon we would be at least 40 to 50k PA (AUD) down on income in the UK. As I'd only be able to get bitsa jobs at my age. The Wife however should be able to get a job easily as a Psych nurse.

Nope not tempted.... Last thing on top of this you should do is move settled kids. Not for us... Maybe in ten years I would look hard at it. Timing is never right in these financial opportune matters. Got to admit looks like there could be plenty of Dosh to be made for the right people with the right circumstances.

Could knock years of their working lives, and bring retirement closer.
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Old Sep 9th 2009, 6:05 pm
  #126  
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Default Re: 1.93's A$ to the Pound!!!

Costs at least 15,000 bucks to sell a house..... God knows how much it costs setup/rent one in the UK....Could always rent the Aus one out I guess



Originally Posted by Three Legs
Burn $50K ... ? No way fella, $30K perhaps.

Job wouldn't be an issue & kids are still not even 7 and we have three!!!

If things got silly and the rate hit $1.80 we'd be quids in and left with a no-brainer choice.

The next 3 months will reveal all.
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Old Sep 9th 2009, 6:41 pm
  #127  
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by hereandthere
I could handle Spain - if I had to live in Europe - only about 45 million people but a serious housing bust and higher unemployment. France has serious civil unrest problems with its 6 million+ muslims - very discontented some of them. Italy totally corrupt. Anywhere north of that is not a good thought for anyone who has lived 40 degrees or less to the equator. Germany and Austria have serious neo-nazi problems. Maybe Greece or Portugal - I don't know anything about them.
And Greece has a lot of civil disobedience occurring with the so called anarchist groups which at times give the appearance that the nation is at war with itself.
France does have some lingering social issues but it is usually confined to outer city,social housing areas and involves far more than muslims,although ethnic minorities do feature rather large in the social disadvantage stakes which result in not unexpected social consequences.
Germanys stated nazi problems are found mostly in the eastern lands..until 89 a separate nation. But there is also a very big reaction against that.
Biggest problem in Europe that i can see is for those needing to work.
Should be able to pick up some deals in the Spainish market if wanting to purchase although would be best to proceed with a degree of caution in that.
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Old Sep 15th 2009, 4:14 pm
  #128  
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Default Re: 1.93's A$ to the Pound!!!

New low reached today at $1.9005.....it's desperately bouncing around that $1.9000 figure trying not to fall through to the $1.80s!
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Old Sep 15th 2009, 4:32 pm
  #129  
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by bcworld
New low reached today at $1.9005.....it's desperately bouncing around that $1.9000 figure trying not to fall through to the $1.80s!
If the rate stays around $1.90 for any decent period of time - I predict a rush of new posters in the MBTTUK forum...
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Old Sep 15th 2009, 4:34 pm
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by asprilla
If the rate stays around $1.90 for any decent period of time - I predict a rush of new posters in the MBTTUK forum...
I am deeply considering buying Sterling at the moment on a currency trading basis.
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Old Sep 15th 2009, 4:35 pm
  #131  
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Default Re: 1.93's A$ to the Pound!!!

Great for buying stuff from the UK though.
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Old Sep 15th 2009, 4:35 pm
  #132  
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by Centurion
I am deeply considering buying Sterling at the moment on a currency trading basis.

I don't think you're the only one... What sort of interest returns are available in the UK at the moment?


S
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Old Sep 15th 2009, 4:37 pm
  #133  
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by asprilla
If the rate stays around $1.90 for any decent period of time - I predict a rush of new posters in the MBTTUK forum...
Has anyone looked at what you could buy there now. We already have plans but I looked anyway, 5 acres 3 miles from York, 4 bedroom barn style house with 2bedroom holiday annexe attached. Bloody beautiful.

Keep thinking of 'mentioning' it to the family but they may kill me
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Old Sep 15th 2009, 5:21 pm
  #134  
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Default Re: 1.93's A$ to the Pound!!!

My chart projection is 1-80 in 2 months.

Lower highs and lower lows...no base formation yet.

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Old Sep 15th 2009, 5:45 pm
  #135  
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Default Re: 1.93's A$ to the Pound!!!

Finally fallen through the 1.90 barrier, currently at 1.8983. I expect to come back to just around 1.92 next 24 hours.
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