Australia economy/bubble/fiscal cliff/recession 'stuff'
Nov 12th 2012, 6:16 pm
#76
Daffyd Duck
Joined: Jul 2008
Location: Paradise
Posts: 5,636
Re: Aussie inflation rises
our company implement pay rises that are at least matching the inflation.
Nov 12th 2012, 6:27 pm
#77
Daffyd Duck
Joined: Jul 2008
Location: Paradise
Posts: 5,636
Re: Australia celebrates 21 years of continuous economic growth
all of my migrant friends are now employed full time.
Nov 12th 2012, 7:54 pm
#84
Banned
Joined: Sep 2012
Location: UK now, Australia in 2014
Posts: 1,000
Re: Aussie inflation rises
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.
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.
Amazing.
Nov 12th 2012, 8:54 pm
#85
Daffyd Duck
Joined: Jul 2008
Location: Paradise
Posts: 5,636
Re: Aussie inflation rises
and my cash deposit is earning more than double the inflation rate
Nov 12th 2012, 10:58 pm
#86
BE Forum Addict
Joined: Aug 2010
Location: Not Brisbane
Posts: 1,210
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
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
Nov 12th 2012, 11:02 pm
#87
Just Joined
Joined: Sep 2012
Posts: 13
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
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
Nov 12th 2012, 11:22 pm
#88
Fighting my corner
Joined: Aug 2005
Location: Adelaide, South Australia
Posts: 11,948
Re: Australias economy starts struggling
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.
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.
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.
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.
"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.
Nov 12th 2012, 11:30 pm
#89
BE Forum Addict
Joined: Aug 2010
Location: Not Brisbane
Posts: 1,210
Re: Australias economy starts 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?
Nov 12th 2012, 11:38 pm
#90
Just Joined
Joined: Sep 2012
Posts: 13
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.
Yeah WISHFULL THINKING......
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
Neither of these articles claim the economy is struggling
