Is Australia an oversold country?
Jul 26th 2009 | 5:01 pm
#466
I'm Old Gregg!
Joined: Mar 2009
Posts: 8,460
From: A Former Bogan Colony in QLD
Jul 26th 2009 | 5:15 pm
#467
Home and Happy
Joined: Dec 2002
Posts: 94,305
From: Keep true friends and puppets close, trust no-one else...
Re: Is Australia an oversold country?
How times have changed - remember when putting the words "price of lettuce" into Google would get the whole first page of results from BE
Jul 26th 2009 | 5:24 pm
#468
Guest
Posts: n/a
Re: Is Australia an oversold country?
But now nothing till page 8, and it finds this, from 2004 ..... http://britishexpats.com/forum/showthread.php?t=228476
I would have added something to that thread but it's closed
I think I will go for a trip down memory lane....
but before I do... www.stats.govt.nz gets a mention for lettuce on Google page 3
Jul 26th 2009 | 5:32 pm
#470
I'm Old Gregg!
Joined: Mar 2009
Posts: 8,460
From: A Former Bogan Colony in QLD
Jul 26th 2009 | 5:35 pm
#471
Home and Happy
Joined: Dec 2002
Posts: 94,305
From: Keep true friends and puppets close, trust no-one else...
Re: Is Australia an oversold country?
Oh my god yes !
But now nothing till page 8, and it finds this, from 2004 ..... http://britishexpats.com/forum/showthread.php?t=228476
I would have added something to that thread but it's closed
I think I will go for a trip down memory lane....
but before I do... www.stats.govt.nz gets a mention for lettuce on Google page 3
But now nothing till page 8, and it finds this, from 2004 ..... http://britishexpats.com/forum/showthread.php?t=228476
I would have added something to that thread but it's closed
I think I will go for a trip down memory lane....
but before I do... www.stats.govt.nz gets a mention for lettuce on Google page 3
Jul 26th 2009 | 11:40 pm
#474
BE Enthusiast
Joined: Feb 2008
Posts: 899
From: Canberra
Re: Is Australia an oversold country?
I am not sure you are comparing apples with apples there.
The Aus number ($1,183) appears to be for Feb 09 whereas the UK number is for April 08.http://www.abs.gov.au/AUSSTATS/[email protected]?OpenDocument
The UK says "Median", the Aus site says "Average" and whilst the somewhat poor notes don't say what sort of average they are talking about, it appears it might be the Mean.
I've not been able to find any data about the relationship between the mean and the median for 2008 data, but this is for 2004/05 and seems to indicate the median is around 13% lower than the "average"
http://www.abs.gov.au/ausstats/[email protected]?OpenDocument
Quite impressive that the Aus "average" has gone up from $40,585 in 04/05 to $61,521 only 4 years later - a 50% wage increase!
Of course, comparing like for like is pretty difficult with currency movements, the Aus$ has strengthened around 10% against the GBP since the beginning of the year, we'd probably have to find some sort of PPP figure to show what any difference actually means in real income buying power.
The Aus number ($1,183) appears to be for Feb 09 whereas the UK number is for April 08.http://www.abs.gov.au/AUSSTATS/[email protected]?OpenDocument
The UK says "Median", the Aus site says "Average" and whilst the somewhat poor notes don't say what sort of average they are talking about, it appears it might be the Mean.
I've not been able to find any data about the relationship between the mean and the median for 2008 data, but this is for 2004/05 and seems to indicate the median is around 13% lower than the "average"
http://www.abs.gov.au/ausstats/[email protected]?OpenDocument
Quite impressive that the Aus "average" has gone up from $40,585 in 04/05 to $61,521 only 4 years later - a 50% wage increase!
Of course, comparing like for like is pretty difficult with currency movements, the Aus$ has strengthened around 10% against the GBP since the beginning of the year, we'd probably have to find some sort of PPP figure to show what any difference actually means in real income buying power.
It interesting how many UK migrants complain about wages being much lower in Australia when it's clearly not the case. Obviously a lot of them are moving to "lifestyle" places like the Sunshine Coast, so what do you expect?
Jul 27th 2009 | 12:00 am
#475
Guest
Posts: n/a
Re: Is Australia an oversold country?
Jul 27th 2009 | 10:06 pm
#478
Forum Regular
Joined: Feb 2006
Posts: 83
Re: Is Australia an oversold country?
caliburn, i think i love you! lolololol
