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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/)

steve`o Oct 29th 2012 6:15 pm

Re: Aussie inflation rises
 

Originally Posted by chris955 (Post 10355984)
Sorry, you asked for a throw away comment to be backed up with facts, it isnt likely to happen. ;)

true,
its just when i`m told the streets paved with gold i`d like to see some shiny pictures

chris955 Oct 29th 2012 6:42 pm

Re: Aussie inflation rises
 

Originally Posted by steve`o (Post 10356006)
true,
its just when i`m told the streets paved with gold i`d like to see some shiny pictures

True enough, it also helps if the person telling you has actually lived in that country ;)

Kim67 Oct 29th 2012 8:40 pm

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by DownUnderPaddy (Post 10355387)
Not just incredible, completely off the map, which is not a good thing.
Normal boom/bust cycles are 7-10 years.
We are so far outside the typical predictive pattern after 21 years of uninterrupted growth that it is a wee bit scary to think what might happen once the party ends.

They'll put Bondy back in jail, that's what happened last time, all the rest are dead - they'll have to find a new bunch to throw in the slammer.

ozzieeagle Oct 30th 2012 5:01 am

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by Kim67 (Post 10356333)
They'll put Bondy back in jail, that's what happened last time, all the rest are dead - they'll have to find a new bunch to throw in the slammer.


I think they blamed the Sheep in 86/87 .... They killed them all....Consequently you could buy a side of lamb for about 8 bucks.

Maybe they'll do the Cows next time around, and we'll get cheap beef . :flypig:

chris955 Oct 30th 2012 5:45 pm

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by steve`o (Post 10353346)
and my point was that the figures are supplied by the au government who is good at one thing

getting its facts wrong

au is a great place to live but you cannot believe all you read,
you have to sort the facts from government fiction just the same as in many other countries

steve

ps do you believe everything the current uk government tell you? i would think perhaps not
if thats the case apply the same to facts n figures quoted by our lot

The big difference is that YOU are actually living in Australia and not relying on Google for your information on just how the economy is doing.

TheArmChairDetective Oct 30th 2012 6:19 pm

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by steve`o (Post 10353346)
and my point was that the figures are supplied by the au government who is good at one thing

getting its facts wrong

au is a great place to live but you cannot believe all you read,
you have to sort the facts from government fiction just the same as in many other countries

steve

ps do you believe everything the current uk government tell you? i would think perhaps not
if thats the case apply the same to facts n figures quoted by our lot

I take you point and agree with you.
Thankfully you can do your own alternative research for a balanced view. For example using Google, if it's a good enough research tool for Branson with his Billions and Sugar with his Millions it's good enough for me:thumbsup:

chris955 Oct 30th 2012 6:21 pm

Re: Australia celebrates 21 years of continuous economic growth
 
:rofl:

steve`o Oct 30th 2012 7:05 pm

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by chris955 (Post 10357778)
The big difference is that YOU are actually living in Australia and not relying on Google for your information on just how the economy is doing.

O dear, it would seem we are missing one such expert

chris955 Oct 30th 2012 7:13 pm

Re: Australia celebrates 21 years of continuous economic growth
 
It would appear so.

TheArmChairDetective Oct 30th 2012 9:20 pm

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by steve`o (Post 10357888)
O dear, it would seem we are missing one such expert

former drip, under pressure?

I'm not sure I agree, I mean...Former?

commonwealth Oct 31st 2012 2:22 am

Re: Australia celebrates 21 years of continuous economic growth
 
so UBS fires many people in London and Connecticut, but not in Sydney. they must know where the real money is.

feel sorry for the guys whose work passes did not work when they tried to pass through the turnstiles.

steve`o Oct 31st 2012 3:11 am

Re: Australia celebrates 21 years of continuous economic growth
 

Originally Posted by TheArmChairDetective (Post 10358052)
former drip, under pressure?

I'm not sure I agree, I mean...Former?

is this the cryptic clue mate?

Pit Bull. Nov 12th 2012 4:12 pm

Re: Aussie inflation rises
 

Originally Posted by steve`o (Post 10355196)
please back this up with some facts

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:

Pit Bull. Nov 12th 2012 4:21 pm

Re: Australia celebrates 21 years of continuous economic growth
 
Well I have been sunning myself for two weeks, have I missed anything?

Is the Australian economy still growing?
Is there still no sign of recession?
Is it on, for a straight 22nd year of economical growth?
Is ........ :thumbsup:

chris955 Nov 12th 2012 5:38 pm

Re: Aussie inflation rises
 
:rofl:


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