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Australia economy/bubble/fiscal cliff/recession 'stuff'

Old Nov 12th 2012, 7:16 pm
  #76  
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Default Re: Aussie inflation rises

our company implement pay rises that are at least matching the inflation.
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Old Nov 12th 2012, 7:27 pm
  #77  
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Default Re: Australia celebrates 21 years of continuous economic growth

all of my migrant friends are now employed full time.
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Old Nov 12th 2012, 7:52 pm
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Default Re: Aussie inflation rises

Originally Posted by commonwealth
our company implement pay rises that are at least matching the inflation.


Pray tell what's a pay rise?

I haven't had one for years now.
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Old Nov 12th 2012, 8:19 pm
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Default Re: Aussie inflation rises

Originally Posted by Pit Bull.
Pray tell what's a pay rise?

I haven't had one for years now.
In which job.......your hospital porter or prison warden job
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Old Nov 12th 2012, 8:23 pm
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Default Re: Aussie inflation rises

Originally Posted by Grayling
In which job.......your hospital porter or prison warden job

Morning sweetheart.
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Old Nov 12th 2012, 8:24 pm
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Default Re: Aussie inflation rises

Originally Posted by Pit Bull.
Morning sweetheart.
Morning Jim
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Old Nov 12th 2012, 8:27 pm
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Default Re: Aussie inflation rises

Originally Posted by Grayling
Morning Jim

Yer buddy been spreading some Gossip, you shouldn't believe everything your told sweetheart. Bye.
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Old Nov 12th 2012, 8:28 pm
  #83  
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Default Re: Aussie inflation rises

Originally Posted by Pit Bull.
Yer buddy been spreading some Gossip, you shouldn't believe everything your told sweetheart. Bye.
Different site......same bullshit
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Old Nov 12th 2012, 8:54 pm
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Default Re: Aussie inflation rises

Originally Posted by Pit Bull.
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.

Amazing.
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Old Nov 12th 2012, 9:54 pm
  #85  
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Default Re: Aussie inflation rises

and my cash deposit is earning more than double the inflation rate
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Old Nov 12th 2012, 11:58 pm
  #86  
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Default 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
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Old Nov 13th 2012, 12:02 am
  #87  
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Default 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
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Old Nov 13th 2012, 12:22 am
  #88  
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Arrow 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.
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Old Nov 13th 2012, 12:30 am
  #89  
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Default Re: Australias economy starts struggling

Originally Posted by Vash the Stampede
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?
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Old Nov 13th 2012, 12:38 am
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Default 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......
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