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-   -   Australia economy/bubble/fiscal cliff/recession 'stuff' (https://britishexpats.com/forum/australia-54/australia-economy-bubble-fiscal-cliff-recession-stuff-770625/)

Grayling Nov 12th 2012 7:24 pm

Re: Aussie inflation rises
 

Originally Posted by Pit Bull. (Post 10378870)
Morning sweetheart. :hysterical:

Morning Jim

Pit Bull. Nov 12th 2012 7:27 pm

Re: Aussie inflation rises
 

Originally Posted by Grayling (Post 10378872)
Morning Jim


Yer buddy been spreading some Gossip, you shouldn't believe everything your told sweetheart. Bye. :egyptian:

Grayling Nov 12th 2012 7:28 pm

Re: Aussie inflation rises
 

Originally Posted by Pit Bull. (Post 10378876)
Yer buddy been spreading some Gossip, you shouldn't believe everything your told sweetheart. Bye. :egyptian:

Different site......same bullshit:rofl::rofl:

Pit Bull. Nov 12th 2012 7:54 pm

Re: Aussie inflation rises
 

Originally Posted by Pit Bull. (Post 10378570)
Here you go, just got back from two weeks holiday, I hope you haven't been fretting over waiting for my answer, obviously they are only figures I have come across, you might find different ones.


Average earnings including overtime and yearly pay increases.

May-2000 $45,900 3.59%
May-2001 $47,793 4.12%
May-2002 $50,253 5.15%
May-2003 $53,414 6.29%
May-2004 $54,938 2.85%
May-2005 $58,583 6.64%
May-2006 $59,873 2.20%
May-2007 $62,894 5.05%
May-2008 $65,686 4.44%
May-2009 $69,493 5.79%
May-2010 $73,148 5.26%

Anyone know the last two average pay rises? Looks incredible though, when you think what the average pay rise has been in the UK, over the last 10 years or more, the wage gap has really widened according to the figures.:eek::nod:


Amazing. :nod::thumbup:

commonwealth Nov 12th 2012 8:54 pm

Re: Aussie inflation rises
 
and my cash deposit is earning more than double the inflation rate :thumbup:

bingobob777 Nov 12th 2012 10:58 pm

Re: Australia celebrates 21 years of continuous economic growth
 
http://www.miningaustralia.com.au/ne...a-coal-project

http://www.theaustralian.com.au/busi...-1226477616731

Infrastructure projects getting delayed or cancelled all over Australia

All engineering colsultancies in QLD and WA making redundancies, AECOM, Calibre, Arup, Cardno. Aurecon going to 4 day week. Consultancies feeling it now, in 18-24 months time it will be the contractors doing it tough

The EPCM market is feeling the impact of all this, and feeling it bad. Expect lots of job losses. Expect the Govt to receive tens of billions less in taxes.

said it before, Australia is years behind Western Europe in everything, even it's recession :lol:

go4it Nov 12th 2012 11:02 pm

Australias economy starts struggling
 
Hi Guys,

Here is some news about the Australian economy which indicates that, even though not officially in a recession, it is struggling;

http://www.media.anz.com/phoenix.zht...ol-jobad&nyo=0

http://au.finance.yahoo.com/news/aus...054507895.html

http://au.finance.yahoo.com/news/big...3Rpb25z;_ylv=3

Vash the Stampede Nov 12th 2012 11:22 pm

Re: Australias economy starts struggling
 
Government struggling to keep its promise about a budget surplus:


Treasurer Wayne Swan says significant savings are needed to offset further revenue writedowns for the federal government to deliver a budget surplus in 2012/13.

He says challenges from the high Australian dollar and a change in consumer behaviour are having an impact on the local economy and hence the federal budget.
Australians expected to spend more at Christmas this year:


But Australian National Retailers Association chief executive Margy Osmond said on sales figures for the year to September, local retailers were expecting Christmas spending to be slightly higher than last year.

"It's not fabulous but I think that there is a certain sensation amongst retailers that given the fact that people have been very cautious and saving their money and minimising their credit card charges that we we may see a little bit of up tick in discretionary spend this Christmas," she said.
Neither of these articles claim the economy is struggling.

bingobob777 Nov 12th 2012 11:30 pm

Re: Australias economy starts struggling
 

Originally Posted by Vash the Stampede (Post 10379249)
Government struggling to keep its promise about a budget surplus:



Australians expected to spend more at Christmas this year:



Neither of these articles claim the economy is struggling.

what is the first quote saying then? federal and state govts cutting spending dramatically isn't likely to be a good thing is it?

go4it Nov 12th 2012 11:38 pm

Re: Australias economy starts struggling
 
Australians expected to spend more at Christmas this year:



Quote:




But Australian National Retailers Association chief executive Margy Osmond said on sales figures for the year to September, local retailers were expecting Christmas spending to be slightly higher than last year.


"It's not fabulous but I think that there is a certain sensation amongst retailers that given the fact that people have been very cautious and saving their money and minimising their credit card charges that we we may see a little bit of up tick in discretionary spend this Christmas," she said.

Neither of these articles claim the economy is struggling
Yeah WISHFULL THINKING......

Amazulu Nov 13th 2012 12:03 am

Re: Australias economy starts struggling
 
Keep clutching........

bingobob777 Nov 13th 2012 12:08 am

Re: Australias economy starts struggling
 

go4it Nov 13th 2012 1:07 am

Re: Australias economy starts struggling
 
And another piece of "Proof"

http://au.finance.yahoo.com/news/bus...003214429.html

Chortlepuss Nov 13th 2012 1:44 am

Re: Australias economy starts struggling
 
I don't think you'd have to be a genius to realise that those who have lost their jobs, or have an uncertain employment position will be in for a lean Xmas. I can't see QLD shops booming, unless everyone goes bonkers on their credit cards! Like many without work in Brisbane, I'm not even going to the shops now. Much of the stuff I need I can get at markets, ALDI, or online from UK.

moneypenny20 Nov 13th 2012 2:09 am

Re: Australias economy starts struggling
 
:banghead:

Why do people post this stuff like it's all new and never discussed, ever?

Edit: OP if all you're going to do is post or start threads about the Aus economy, could you please rethink.

commonwealth Nov 13th 2012 3:41 am

Re: Australias economy starts struggling
 
i may have to migrate to Sweden after reading this thread.

bingobob777 Nov 13th 2012 4:38 am

Re: Australias economy starts struggling
 

Originally Posted by commonwealth (Post 10379559)
i may have to migrate to Sweden after reading this thread.

http://www.rekorderlig.com/

mmmm

commonwealth Nov 13th 2012 6:46 am

Re: Australias economy starts struggling
 
swedish guys have bigger feet.

chris955 Nov 13th 2012 7:33 am

Re: Australias economy starts struggling
 
I dont think it will be a surprise to many to hear the economy is starting to struggle, you would have to have your head firmly in the sand not to see it.

Pit Bull. Nov 13th 2012 7:38 am

Re: Australias economy starts struggling
 
There might be a slow down starting, but it has a long, long, long, long, long, long way before it gets as bad as the UK economy has been in the last few years, still predicted growth again for next year, that'll be 22 years of economic growth in a row and counting, keep it real.

chris955 Nov 13th 2012 7:44 am

Re: Australias economy starts struggling
 
This thread is about the Australian economy, not about comparing to another economy, you could also compare it favourably to the Greek economy , that would have been a better comparison surely ?

chris955 Nov 13th 2012 7:45 am

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by commonwealth (Post 10378781)
all of my migrant friends are now employed full time.

All our friends are employed as well, here and there ;)

Pit Bull. Nov 13th 2012 8:00 am

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by bingobob777 (Post 10379224)
http://www.miningaustralia.com.au/ne...a-coal-project

http://www.theaustralian.com.au/busi...-1226477616731

Infrastructure projects getting delayed or cancelled all over Australia

All engineering colsultancies in QLD and WA making redundancies, AECOM, Calibre, Arup, Cardno. Aurecon going to 4 day week. Consultancies feeling it now, in 18-24 months time it will be the contractors doing it tough

The EPCM market is feeling the impact of all this, and feeling it bad. Expect lots of job losses. Expect the Govt to receive tens of billions less in taxes.

said it before, Australia is years behind Western Europe in everything, even it's recession :lol:



Who knows, the long awaited and wrongly predicted for years recession might happen in Australia, but with growth predicted AGAIN next year, it doesn't look like it, we have had recession and no growth here in the UK and the UK is still bobbing along a lot have had it tough, its not nice for folk who have lost their jobs but most are doing ok, it's not the end of the world if Australia's growth slows down, who knows in the future it might, just might even go in to recession, but I doubt it.

Pit Bull. Nov 13th 2012 8:05 am

Re: Australias economy starts struggling
 
Not that old chestnut again, so you think you can talk about the UK and Australia but others can't, remember i caught you out, both countries are intrinsically linked, thousands on BE are either going, looking at going, or are coming back, so there will always be comparison.

bingobob777 Nov 13th 2012 8:12 am

Re: Australias economy starts struggling
 

Originally Posted by Pit Bull. (Post 10379870)
Not that old chestnut again, so you think you can talk about the UK and Australia but others can't, remember i caught you out, both countries are intrinsically linked, thousands on BE are either going, looking at going, or are coming back, so there will always be comparison.

It's 9am in the Uk and the best you've got to do with your life is babble on in two separate threads about the same stuff :unsure:

Where did you holiday by the way, I assume not the UK?

commonwealth Nov 13th 2012 8:20 am

Re: Australias economy starts struggling
 
:yawn: where's my swedish man?

Pit Bull. Nov 13th 2012 8:35 am

Re: Australias economy starts struggling
 

Originally Posted by bingobob777 (Post 10379880)
It's 9am in the Uk and the best you've got to do with your life is babble on in two separate threads about the same stuff :unsure:

Where did you holiday by the way, I assume not the UK?


The weathers crap, what else is there to do?:nod:

Pit Bull. Nov 13th 2012 8:42 am

Re: Aussie inflation rises
 
Breaking news on sky TV the inflation rate has jumped up unexpectedly from 2.2% to 2.7% which is still better than when it was over 5% a short while ago.

BadgeIsBack Nov 13th 2012 8:46 am

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by chris955 (Post 10379836)
All our friends are employed as well, here and there ;)


Originally Posted by commonwealth (Post 10378781)
all of my migrant friends are now employed full time.

My Dad is employed more fuller time than your friends.:p

Pit Bull. Nov 13th 2012 8:55 am

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by BadgeIsBack (Post 10379937)
My Dad is employed more fuller time than your friends.:p

My donkeys employed, it's just got a job darn't pit, with tuther donkeys, sithee I've never felt so proud.:)

commonwealth Nov 13th 2012 10:07 am

Re: Aussie inflation rises
 
impossible

bingobob777 Nov 13th 2012 10:31 am

Re: Aussie inflation rises
 
The GBP is toast

buy pounds

chris955 Nov 13th 2012 11:18 am

Re: Aussie inflation rises
 

Originally Posted by Grayling (Post 10378860)
In which job.......your hospital porter or prison warden job:confused::rolleyes:

You noticed as well then ? :D

Pit Bull. Nov 13th 2012 11:31 am

Re: Aussie inflation rises
 
:focus:

Pit Bull. Nov 13th 2012 11:35 am

Re: Aussie inflation rises
 

Originally Posted by Pit Bull. (Post 10380179)
:focus:


Anyway, Australia inflation rose to 1.4% which was above the market estimates of around 1.0%

This is still incredibly low, here in the UK inflation is running at 2.7% it was above 5% not long back but thankfully it's starting to come down.

moneypenny20 Nov 13th 2012 1:23 pm

Re: Australia celebrates 21 years of continuous economic growth
 
Threads merged. :zzz:

Apologies (sort of) to the OPs of the three threads I've merged but there's seriously no need for three threads on the same subject especially when some people post the same thing in each of them.

commonwealth Nov 13th 2012 1:47 pm

Re: Australia economy/bubble/explosion/recession 'stuff'
 
wait, do i get my swedish guy? i'll settle for a danish if not!

Pollyana Nov 13th 2012 1:59 pm

Re: Australia economy/bubble/explosion/recession 'stuff'
 

Originally Posted by commonwealth (Post 10380407)
wait, do i get my swedish guy? i'll settle for a danish if not!

If you find one, see if he has a straight brother, I need someone to take my mind off these tedious threads :D

bingobob777 Nov 13th 2012 9:41 pm

Re: Australia economy/bubble/explosion/recession 'stuff'
 

Originally Posted by Pollyana (Post 10380436)
If you find one, see if he has a straight brother, I need someone to take my mind off these tedious threads :D

maybe tedious for you, but let's be honest it's nowhere near as mind numbingly boring as

mod or rocker
word association 2012
cricket
last say
first say

as a mod I'm sure you'd get annoyed at me spamming those threads, eh?

go4it Nov 13th 2012 9:50 pm

Re: Australia economy/bubble/explosion/recession 'stuff'
 
Look guys, it isn't the purpose to make fun out of a struggling economy but just to warn people to look closer because a lot of you out there are putting all you've got into going Down under with a dream. I'm only trying to open up your eyes before taking the dicision and lose all what you've got on making the trip (approx. around 10.000 with a small family) and discover that you're not able to find a job and lose all of the rest of your savings in the costs of living for at least the first half year. And believe me, Australia became very expensive over the last few years. It is clear that the economy is slowing down here and it's becoming more and more difficult to find a job.


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