Is Australia an oversold country?
#425
Re: Is Australia an oversold country?
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.
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.
#428
Account Closed
Joined: May 2009
Posts: 2,708
Re: Is Australia an oversold country?
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.
If you are a lawyer, accountant, IT professional, or other specialist you will earn much more in the UK.
#429
Guest
Posts: n/a
Re: Is Australia an oversold country?
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
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
#430
Account Closed
Joined: Jul 2006
Posts: 14,188
Re: Is Australia an oversold country?
You might save a couple of dollars but you need to shop all over the place to make those small savings.
#431
Banned
Joined: Apr 2009
Posts: 1,054
Re: Is Australia an oversold country?
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.
If you are a lawyer, accountant, IT professional, or other specialist you will earn much more in the UK.
#432
Banned
Joined: Apr 2009
Posts: 1,054
Re: Is Australia an oversold country?
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.
You might save a couple of dollars but you need to shop all over the place to make those small savings.
Takes an extra 5 minutes and save $5. Savings: $60 / hour; $109.09 / hour before tax at a marginal tax rate of 45%.
#433
Guest
Posts: n/a
Re: Is Australia an oversold country?
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.
You might save a couple of dollars but you need to shop all over the place to make those small savings.
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.
#434
Account Open
Joined: Jan 2005
Location: Brisbane
Posts: 4,298
Re: Is Australia an oversold country?
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.
You might save a couple of dollars but you need to shop all over the place to make those small savings.
#435
Just Joined
Joined: Jul 2009
Posts: 5
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.
Australian supermarkets are one big rip off and the Govt should really look into opening up the competition.