expensive
Feb 29th 2008, 10:43 pm
#137
BE Forum Addict
Joined: May 2004
Location: Umina, NSW
Posts: 2,453
Re: expensive
yes health is per month.
To rent my house would probably be $400ish a week.
Actually we are mostly still with the ins companies we first got when we came over. NRMA and AMII are the most popular. I havent bothered shopping around. The only reason we went onto the new phone plan was to try to reduce our monthly phone bill as now our kids are older and have lots of friends.
Jo
To rent my house would probably be $400ish a week.
Actually we are mostly still with the ins companies we first got when we came over. NRMA and AMII are the most popular. I havent bothered shopping around. The only reason we went onto the new phone plan was to try to reduce our monthly phone bill as now our kids are older and have lots of friends.
Jo
Feb 29th 2008, 10:53 pm
#139
Forum Regular
Joined: Jun 2007
Location: Dublin
Posts: 75
Re: expensive
yes health is per month.
To rent my house would probably be $400ish a week.
Actually we are mostly still with the ins companies we first got when we came over. NRMA and AMII are the most popular. I havent bothered shopping around. The only reason we went onto the new phone plan was to try to reduce our monthly phone bill as now our kids are older and have lots of friends.
Jo
To rent my house would probably be $400ish a week.
Actually we are mostly still with the ins companies we first got when we came over. NRMA and AMII are the most popular. I havent bothered shopping around. The only reason we went onto the new phone plan was to try to reduce our monthly phone bill as now our kids are older and have lots of friends.
Jo
Dor X
Feb 29th 2008, 11:33 pm
#140
BE Forum Addict
Joined: May 2004
Location: Umina, NSW
Posts: 2,453
Re: expensive
I hated renting, you were scared to death all the time. Houses with pools to rent are rare round here and I wanted my own home.
We will probably down size in the next 2 or 3 years as the kids leave the nest or are pushed.......
Jo
We will probably down size in the next 2 or 3 years as the kids leave the nest or are pushed.......
Jo
Feb 29th 2008, 11:42 pm
#141
Forum Regular
Joined: Feb 2008
Location: Kwinana
Posts: 105
Re: expensive
Prob a bit off topic but...
I have a morgage of $240,000 and it was killing me until I used a good financial budgeting system. I worked out all my expenses, I mean everthing from car rego to council rates, included food, entertainment and even some savings, and a small amount to cover unexpected expenses every bill that I recieve, then broke them all down into fortnightly payments (around $1650.00), got a bopo card (debit visa card) and paid that amount into it. Its worked out great, when a bill comes in I have the cash there ready for it, no lump sum coming out of my pay packet causing me to struggle for the next week. I highly recommend this system, it saved my bacon!
I have a morgage of $240,000 and it was killing me until I used a good financial budgeting system. I worked out all my expenses, I mean everthing from car rego to council rates, included food, entertainment and even some savings, and a small amount to cover unexpected expenses every bill that I recieve, then broke them all down into fortnightly payments (around $1650.00), got a bopo card (debit visa card) and paid that amount into it. Its worked out great, when a bill comes in I have the cash there ready for it, no lump sum coming out of my pay packet causing me to struggle for the next week. I highly recommend this system, it saved my bacon!
Mar 1st 2008, 12:38 am
#142
Forum Regular
Joined: Jan 2008
Location: Musselburgh, Scotland
Posts: 225
Re: expensive
Watch me get hung, drawn, and quartered, but here goes;
My guess, is 2010,2011,2012, things could be different, its two, or three, maybe up to four years away? By then, the exchange rate could be in the future migrants favour, which will help out a great deal, anything 2.5 upwards is about what i would expect, and require to make the exchange.
By then also, this boom in Australia may have ended, banks may have awoken to stupid lending practices, so tightened up lending muiltiples in Australia, like what is happening here in the UK. This will kill off rising house prices, could even bring them back down to earth, because lets not kid ourselves, to borrow 6, 7, 8, 9, or 10 times the amount you earn yearly is pure and utter stupidity, just to buy a home, i say home, not an investment.
So with a better exchange rate and a correction in the amount you need to borrow to buy a home, along with so; throw in some needed wage inflation, but obviously lending rates may be high also.
But myself, i would rather borrow $200,000.00 at 16%, unlike now where you have to borrow $400,000.00 at 8%?
But we will see, at least with the PR visa, you have five years to wait and see. Get the visa, validate, and pick the time which suits you?
The sun and change of lifestyle is lovely, but it does not pay the bills and feed and clothe the kids, because at the end of the day, money is not everything, but when you ain't got it, no one else will give it to you?
My guess, is 2010,2011,2012, things could be different, its two, or three, maybe up to four years away? By then, the exchange rate could be in the future migrants favour, which will help out a great deal, anything 2.5 upwards is about what i would expect, and require to make the exchange.
By then also, this boom in Australia may have ended, banks may have awoken to stupid lending practices, so tightened up lending muiltiples in Australia, like what is happening here in the UK. This will kill off rising house prices, could even bring them back down to earth, because lets not kid ourselves, to borrow 6, 7, 8, 9, or 10 times the amount you earn yearly is pure and utter stupidity, just to buy a home, i say home, not an investment.
So with a better exchange rate and a correction in the amount you need to borrow to buy a home, along with so; throw in some needed wage inflation, but obviously lending rates may be high also.
But myself, i would rather borrow $200,000.00 at 16%, unlike now where you have to borrow $400,000.00 at 8%?
But we will see, at least with the PR visa, you have five years to wait and see. Get the visa, validate, and pick the time which suits you?
The sun and change of lifestyle is lovely, but it does not pay the bills and feed and clothe the kids, because at the end of the day, money is not everything, but when you ain't got it, no one else will give it to you?
This week has seen a big shift towards my thinking on Ozz
I like to move forward in life, sun shine or no sun shine.
Mar 1st 2008, 4:01 am
#143
Account Closed
Joined: Sep 2006
Posts: 4,374
Re: expensive
there is alot of threads about health insurance and this is my opinion , having spent the last 10 months working in and around the public and private hosps in melbourne, the docs are ripping the health insurance companys off.
I am happy to be penalised at the tax year than have private health insurance, which by my calculations i will pay a levy of $500 which is still less than the cheapest health insurance which i worked out at $100 per month. Was talking to a patient with health insurance the other day, and he said it depends on what your are attending the doctor with , whether or not to declare you have private health insurance as most aussies at present cannot afford the 'extras' on the health insurance.
From what ave seen , i'll take my chances, i would much rather feel 'safe', in a public hosp, than 'unsafe' in a private one, but it has a nice carpet.
I think it would be wiser if you were on a budget to take out insurance against 'loss of earnings', to cover unforeseeable illness
However, i am lucky that i came without any medical or other illness's, if i were coming to aus with a known medical or other problem , then it may be wise to get private health insurance, every individual has differnt needs from health care and should consider them,
I am happy to be penalised at the tax year than have private health insurance, which by my calculations i will pay a levy of $500 which is still less than the cheapest health insurance which i worked out at $100 per month. Was talking to a patient with health insurance the other day, and he said it depends on what your are attending the doctor with , whether or not to declare you have private health insurance as most aussies at present cannot afford the 'extras' on the health insurance.
From what ave seen , i'll take my chances, i would much rather feel 'safe', in a public hosp, than 'unsafe' in a private one, but it has a nice carpet.
I think it would be wiser if you were on a budget to take out insurance against 'loss of earnings', to cover unforeseeable illness
However, i am lucky that i came without any medical or other illness's, if i were coming to aus with a known medical or other problem , then it may be wise to get private health insurance, every individual has differnt needs from health care and should consider them,
Last edited by Margaret3; Mar 1st 2008 at 4:09 am.
Mar 1st 2008, 4:08 am
#144
Account Closed
Joined: Sep 2006
Posts: 4,374
Re: expensive
, which was reassuring to us, as there can be issues with 'bonds' and owners.
Last edited by Margaret3; Mar 1st 2008 at 4:10 am.
Mar 1st 2008, 4:08 am
#145
BE Forum Addict
Joined: May 2004
Location: Umina, NSW
Posts: 2,453
Re: expensive
I have used my ins for plastic surgery making an $13000 op only cost me $3k, dental, optical, physio, chiro, accupuncture, non psb drugs that I need the list goes on.
I would deff have it if you have kids, but you can lower your cover . Personal opinion.
Jo
Jo
Mar 1st 2008, 4:12 am
#146
BE Forum Addict
Joined: May 2004
Location: Umina, NSW
Posts: 2,453
Re: expensive
lol, most people see it as an investment, we cant afford to buy and rent a 3 bedroom/2 bathroom house in a nice suburb with excellent state schools at $320 per week (our mortgage in scotland was £240.00 per month), admitadly it looks like a 70's pad, lol, we have also met the owners of the property and they are a lovely, lovely family, which was reassuring to us, as there can be issues with 'bonds' and owners.
, which was reassuring to us, as there can be issues with 'bonds' and owners.Jo
Mar 1st 2008, 4:18 am
#147
Account Closed
Joined: Sep 2006
Posts: 4,374
Re: expensive
Me too then last Nov was diagnosed with multiple sclerosis out of the blue. You never know whats round the corner.
I have used my ins for plastic surgery making an $13000 op only cost me $3k, dental, optical, physio, chiro, accupuncture, non psb drugs that I need the list goes on.
I would deff have it if you have kids, but you can lower your cover . Personal opinion.
Jo
Jo
I have used my ins for plastic surgery making an $13000 op only cost me $3k, dental, optical, physio, chiro, accupuncture, non psb drugs that I need the list goes on.
I would deff have it if you have kids, but you can lower your cover . Personal opinion.
Jo
Jo
sorry to hear that jo!!
the patient i was talking to was diagnosed with prostate cancer and denied he had private health insurance coz he said he would have had to make up the 'differnce' and couldn't afford it, therefore he got it done in the public sector at no cost
its madness the health care system here, however i here that a large private health company is starting to investigate some areas of the health care here.
Mar 1st 2008, 4:24 am
#148
pink 'n' bouncy
Thread Starter
Joined: Jul 2006
Location: Zombie nation
Posts: 6,087
Re: expensive
Gawd the more i read my own 'expensive' thread the more expensive Aus seems to get 
Lee
Lee
Last edited by stuckinblighty; Mar 1st 2008 at 4:42 am.
Mar 1st 2008, 4:42 am
#149
Account Closed
Joined: Sep 2006
Posts: 4,374
Re: expensive
it is expensive lee, but if we're surviving here, then anyone can
it also depends what you want from oz, my friend here, moved from England for the sake of her teenagers, ....long story...... she is a single mum, earning $15 per hr, and she's surviving, both her teens are now thriving and the eldest has just started uni, and believe me my friend has no 'hidden' savings for this, so if they can do it, why cant you!!
She says she is much better off than she was in england as its easier for her to get a job, and cheaper for her to have a night out.
Mar 1st 2008, 4:46 am
#150
pink 'n' bouncy
Thread Starter
Joined: Jul 2006
Location: Zombie nation
Posts: 6,087
Re: expensive
it is expensive lee, but if we're surviving here, then anyone can
it also depends what you want from oz, my friend here, moved from England for the sake of her teenagers, ....long story...... she is a single mum, earning $15 per hr, and she's surviving, both her teens are now thriving and the eldest has just started uni, and believe me my friend has no 'hidden' savings for this, so if they can do it, why cant you!!
She says she is much better off than she was in england as its easier for her to get a job, and cheaper for her to have a night out.
it also depends what you want from oz, my friend here, moved from England for the sake of her teenagers, ....long story...... she is a single mum, earning $15 per hr, and she's surviving, both her teens are now thriving and the eldest has just started uni, and believe me my friend has no 'hidden' savings for this, so if they can do it, why cant you!!
She says she is much better off than she was in england as its easier for her to get a job, and cheaper for her to have a night out.
Lee
