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Is Australia an oversold country?

Is Australia an oversold country?

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Old Jul 26th 2009, 3:08 am
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Default Re: Is Australia an oversold country?

Originally Posted by WillBlack
Only by Poms.
Better tell the Aussie real estate agents that.
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Old Jul 26th 2009, 3:19 am
  #422  
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Default Re: Is Australia an oversold country?

Originally Posted by Deancm
Better tell the Aussie real estate agents that.
Must be Poms or trying to entice Poms.
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Old Jul 26th 2009, 3:23 am
  #423  
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Default Re: Is Australia an oversold country?

Originally Posted by Deancm
Better tell the Aussie real estate agents that.
None of them around here use those terms. Maybe it is a Victorian thing.
 
Old Jul 26th 2009, 6:09 am
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Default Re: Is Australia an oversold country?

Originally Posted by ABCDiamond
None of them around here use those terms. Maybe it is a Victorian thing.
Yep, they do in Victoria.
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Old Jul 26th 2009, 6:29 am
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Default Re: Is Australia an oversold country?

Originally Posted by ABCDiamond
With the average wage in Australia being higher than the average wage in the UK, it stands to reason that wages, on "average" are actually HIGHER in Australia, not LESS ?

Some people find the cost of living higher, some find it lower, it obviously varies. But those people that shop in Supermarkets, the normal way for the British, will no doubt find it more expensive here.
I'm surprised at that, do you have any links to the data?
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Old Jul 26th 2009, 6:39 am
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Default Re: Is Australia an oversold country?

Originally Posted by ABCDiamond
None of them around here use those terms. Maybe it is a Victorian thing.
There are plenty of so called 'California bungalows' advertised in Brisbane.
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Old Jul 26th 2009, 6:54 am
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Default Re: Is Australia an oversold country?

Originally Posted by Cape Blue
I'm surprised at that, do you have any links to the data?
Don't wory....he will search around until he finds some that fit

Last edited by Grayling; Jul 26th 2009 at 6:56 am.
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Old Jul 26th 2009, 7:40 am
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Default Re: Is Australia an oversold country?

Originally Posted by Cape Blue
I'm surprised at that, do you have any links to the data?
Average means exactly that, average. The minimum wage is Australia is higher than the UK. There are also more people in Australia that earn a lower wage than the higher paid professionals. So when you create an average it will be higher in Australia. It is a different story if you compare say lawyers with lawyers, IT with IT etc. You also need to factor in the current exchange rate as well.

If you are a lawyer, accountant, IT professional, or other specialist you will earn much more in the UK.
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Old Jul 26th 2009, 7:59 am
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Default Re: Is Australia an oversold country?

Originally Posted by Grayling
Don't wory....he will search around until he finds some that fit
Who needs to search when I can just click on a page on my site...
2008 Average Weekly Earning Comparisons
Australian Average Income = $1,183.10 pw at May 2008
The Australian Bureau of Statistics (ABS) show that average weekly pay for full-time employees in Australia at May 2008 is $1,183.10 ($61,521 pa)
Source: www.abs.gov.au

UK Median wage in 2008 is £479 pw at April 2008
The results of the 2008 Annual Survey of Hours and Earnings show that median weekly pay for full-time employees in the UK for the year to April 2008 is £479. (£24,908 pa)
Median earnings of full-time male employees was £521 per week (£27,092 pa) in April 2008; for women the median was £412 (£21,424 pa)
Source: www.statistics.gov.uk
 
Old Jul 26th 2009, 8:09 am
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Default Re: Is Australia an oversold country?

Originally Posted by ABCDiamond
Some people find the cost of living higher, some find it lower, it obviously varies. But those people that shop in Supermarkets, the normal way for the British, will no doubt find it more expensive here.
That's something you regularly quote.. that shopping outside of supermarkets will somehow save you huge amounts of cash... and its quite simply NOT TRUE.

You might save a couple of dollars but you need to shop all over the place to make those small savings.
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Old Jul 26th 2009, 8:53 am
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Default Re: Is Australia an oversold country?

Originally Posted by Deancm
Average means exactly that, average. The minimum wage is Australia is higher than the UK. There are also more people in Australia that earn a lower wage than the higher paid professionals. So when you create an average it will be higher in Australia. It is a different story if you compare say lawyers with lawyers, IT with IT etc. You also need to factor in the current exchange rate as well.

If you are a lawyer, accountant, IT professional, or other specialist you will earn much more in the UK.
This might help make your point clearer: http://www.hays.com/
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Old Jul 26th 2009, 9:00 am
  #432  
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Default Re: Is Australia an oversold country?

Originally Posted by iamthecreaturefromuranus
That's something you regularly quote.. that shopping outside of supermarkets will somehow save you huge amounts of cash... and its quite simply NOT TRUE.

You might save a couple of dollars but you need to shop all over the place to make those small savings.
Walk through WooLees' / Coles shop, out past independent fruitologists and meatologists checking prices then pick merchant to buy from according to price, value or quality.

Takes an extra 5 minutes and save $5. Savings: $60 / hour; $109.09 / hour before tax at a marginal tax rate of 45%.
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Old Jul 26th 2009, 9:53 am
  #433  
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Default Re: Is Australia an oversold country?

Originally Posted by iamthecreaturefromuranus
That's something you regularly quote.. that shopping outside of supermarkets will somehow save you huge amounts of cash... and its quite simply NOT TRUE.

You might save a couple of dollars but you need to shop all over the place to make those small savings.
All over the place ? Small savings ? Where do you live ? Perth ?

5kg Potatoes: Woolworth's: $10 Fruit Shop: $4
2kg Onions: Woolworth's: $5.50 Fruit Shop: $1
3kg Bananas: Woolworth's: $6.00 Fruit Shop: $1.60

That's $14.90 saved, for just a few odds and ends, and I don't have to travel as far as the Supermarket.

There are saving, and good savings, so you cannot say "its quite simply NOT TRUE" when it actually can be, and it actually is, for many people.

But if you aren't prepared to shop around, then OK, pay the higher prices, but don't tell people that it ISN'T POSSIBLE.
 
Old Jul 26th 2009, 10:30 am
  #434  
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Default Re: Is Australia an oversold country?

Originally Posted by iamthecreaturefromuranus
That's something you regularly quote.. that shopping outside of supermarkets will somehow save you huge amounts of cash... and its quite simply NOT TRUE.

You might save a couple of dollars but you need to shop all over the place to make those small savings.
i agree with ABCdiamond, we regularly save money by not buying fruit, veg and meat in woolies/ coles....and not just a couple of dollars either. I'd guess that on average we pay 50% less than we would if we only shopped in the majors.
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Old Jul 26th 2009, 10:33 am
  #435  
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Default Re: Is Australia an oversold country?

One thing I have noticed is how incredibly cheap UK supermarkets are compared to Australia and I am not just talking about the cheaper ones like Asda and Lidl!

Australian supermarkets are one big rip off and the Govt should really look into opening up the competition.
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