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Oz falling from high

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Oz falling from high

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Old Jun 1st 2011 | 12:45 am
  #46  
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Default Re: Oz falling from high

Originally Posted by pomtastic
Most people are skint. Cost of living is getting worse, no extra cash for luxuries and that's even if you're on a family income of $100K plus.

Just look at the rise of websites like Perth Deals, etc. Stuff people don’t really need are crashing in price here, beauty treatments, hair stylists, paint ball, days out, hotels, restaurants, etc. This isn’t a sign of small businesses doing well in Perth, it’s a sign of desperation and a sign of the times. WA could get away with being rip off because people DID have loads of cash 5 years ago but no longer.
There's no point in getting excited about a sale at some retail outlet (if that's your thing) - they seem to be on all the time and it's been that way for a couple of years now. A real sign that the home construction industry is struggling, is one company offering to pay your rent while you build at Ellenbrook or Byford http://www.lwppropertygroup.com.au/News-and-Releases/ - haven't seen that for a long time.
 
Old Jun 1st 2011 | 1:12 am
  #47  
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Default Re: Oz falling from high

Originally Posted by pomtastic
Just look at the rise of websites like Perth Deals, etc. Stuff people don’t really need are crashing in price here, beauty treatments, hair stylists, paint ball, days out, hotels, restaurants, etc. This isn’t a sign of small businesses doing well in Perth, it’s a sign of desperation and a sign of the times. WA could get away with being rip off because people DID have loads of cash 5 years ago but no longer.
They have the same in the UK:
http://www.groupon.co.uk/deals/london-special
USA:
http://www.groupon.com/san-francisco...subscribe=true
Canada:
http://www.groupon.com/vancouver/

Seems to be a new fad in internet marketing worldwide Champ
 
Old Jun 1st 2011 | 1:27 am
  #48  
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Default Re: Oz falling from high

Originally Posted by mulben
Or another view
http://www.smartcompany.com.au/finan...ing-state.html
Meanwhile, a new CommSec report reveals Western Australia to be the best performing state in the country.
The report comes alongside a new CommSec report which reveals Western Australia is experiencing the strongest economic growth out of all the states, due to a strong job market and renewed demand for resources.
Shame it's also the most boring state too.
 
Old Jun 1st 2011 | 3:05 am
  #49  
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Default Re: Oz falling from high

Originally Posted by pomtastic
An economy can’t keep going on natural disasters and digging iron ore for the Chinese. From what I’m seeing, shops have permanent big discount sales on or shops closing down (Joondalup Gate has 25% of businesses empty or relocating and the rest are empty shops with few customers). Businesses that rely on housing are suffering, exporters are doing it tough, Australian wine exports are out of favour and fashion globally due to high cost. Most people are skint. Cost of living is getting worse, no extra cash for luxuries and that's even if you're on a family income of $100K plus.

This isn’t a sign of small businesses doing well in Perth, it’s a sign of desperation and a sign of the times. WA could get away with being rip off because people DID have loads of cash 5 years ago but no longer.
I agree its not pedal to the metal like pre 2007 and "things" are tough ,but if WA is doing the best with these conditions the far East must be far worse.



Originally Posted by asprilla
Shame it's also the most boring state too.
Doubt that Juliar and the under achieving Swan would agree.
 
Old Jun 1st 2011 | 3:09 am
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Default Re: Oz falling from high

Originally Posted by pomtastic
A recession is 2 quarters of negative growth, you know, what WA is experiencing right now.

http://www.afr.com/p/national/wa_eco...VZbHopdO7E1WzN

http://www.theaustralian.com.au/nati...-1226034941282
See post #16.

A technical recession in Australia is 2 quarters of negative growth as defined by the ABS - not the CCI. Anyone can call a recession - the WA CCI, the press, financial 'experts' or some dude on BE, but it means jack shit, so both your links are meaningless.
 
Old Jun 1st 2011 | 4:01 am
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Default Re: Oz falling from high

Australia is doing ok but things will get worse before they get better. Even before the floods Queensland was going down and NSW isn't called the welfare state for nothing. The only people going there from this forum are IT professionals.
 
Old Jun 1st 2011 | 4:54 am
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Default Re: Oz falling from high

Originally Posted by HelenTD
A lot depends on how well people are doing: you two are individuals who have stated that you are earning large amounts of money and live very comfortably, so there is every reason for you to be very happy with your lot in Australia, both, as it happens, in Perth. Others are not in the same position, so their outlook and experiences are very different and they are entitled to express their views. Neither of you have lived here for long and I doubt that you have experienced a downturn in the economy, Australian-style.
What so different about an Australian-style downturn compared to downturns in other countries???

It almost sounds like people are WISHING for a downturn here.
 
Old Jun 1st 2011 | 4:54 am
  #53  
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Default Re: Oz falling from high

Originally Posted by Weebie
The only people going there from this forum are IT professionals.
A lot of your statements are wrong but that one is just plain laughable
 
Old Jun 1st 2011 | 4:55 am
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Default Re: Oz falling from high

Originally Posted by asprilla
Shame it's also the most boring state too.
Nasty.
 
Old Jun 1st 2011 | 4:57 am
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Default Re: Oz falling from high

Originally Posted by Pollyana
A lot of your statements are wrong but that one is just plain laughable
How is it laughable? Queensland was at UK unemployment rates before the floods, NSW is a debarcle and has been for years and I don't see much other than IT professionals interested in Sydney. Just working class moving to Perth.

Perhaps your laughing because you're an idiot.
 
Old Jun 1st 2011 | 5:01 am
  #56  
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Default Re: Oz falling from high

Originally Posted by pomtastic
My view, from ground level, Perth.

WA has just benefitted from the QLD and NSW flooding. Businesses here in WA have seen their order books rise due to businesses in QLD being underwater - literally. Know a shed manufacturer who was on his knees before the flooding, his orders are now up and hired more people to handle the QLD orders, it's unprecidented as he tells me.

An economy can’t keep going on natural disasters and digging iron ore for the Chinese. From what I’m seeing, shops have permanent big discount sales on or shops closing down (Joondalup Gate has 25% of businesses empty or relocating and the rest are empty shops with few customers). Businesses that rely on housing are suffering, exporters are doing it tough, Australian wine exports are out of favour and fashion globally due to high cost. Most people are skint. Cost of living is getting worse, no extra cash for luxuries and that's even if you're on a family income of $100K plus.

Just look at the rise of websites like Perth Deals, etc. Stuff people don’t really need are crashing in price here, beauty treatments, hair stylists, paint ball, days out, hotels, restaurants, etc. This isn’t a sign of small businesses doing well in Perth, it’s a sign of desperation and a sign of the times. WA could get away with being rip off because people DID have loads of cash 5 years ago but no longer.
A overtly negative view of things: funny how unemployment is so low in WA???? A lot of people are doing well and the vast majority are ok. I don't know anyone without a job or who has lost their business?

There ARE issues like there ALWAYS is in Australia, just like in ALL other countries on the planet. We had unprecented natural disasters and our Aus dollar is high - though there is an upside to things for some people.

Again, it feels like many people on here are WISHING for Australia will go down the gurgler and SUFFER just like people in the UK, US and Europe.
 
Old Jun 1st 2011 | 5:24 am
  #57  
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Default Re: Oz falling from high

Originally Posted by Weebie
How is it laughable? Queensland was at UK unemployment rates before the floods, NSW is a debarcle and has been for years and I don't see much other than IT professionals interested in Sydney. Just working class moving to Perth.

Perhaps your laughing because you're an idiot.
You stated that the only people coming here - and its not clear whether you meant Aus as a whole, or just Qld/NSW) are IT professionals. You only have to spend an hour or so browsing this forum to see how laughable that statement is. There are people on here from every walk of life, heading for most parts of Australia. A lot are in IT but equally an awful lot aren't.
 
Old Jun 1st 2011 | 5:46 am
  #58  
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Default Re: Oz falling from high

Originally Posted by eugene43
looks like the dreaded recession is heading to oz. I feel sorry for the ones who have just come over hope they have return tickets.
Recession is all relative.... if you'd mortgaged yourself to the last dollar of your pay packet its obviously not going to end well but if you've been careful in good times the bad times won't be so bad. We've just gone thru what everyone is describing as the worst recession ever in the UK and personally we've never been better off than we are now. Know someone will ask why we're moving then ..... we want to be closer to family and as people who've moved all over the world we're ready for a new adventure.
 
Old Jun 1st 2011 | 5:53 am
  #59  
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Default Re: Oz falling from high

Originally Posted by Reaver
Unfortunately its not just Aus, its anywhere and everywhere. You only have to look at the Big 4, and there are people complaining about how bad it is in the country they have immigrated to (and yet they continue to keep living there) all the while telling others how they would be better off staying in the UK. A country those already chose to leave. I dont think any of us is naive enough to assume the grass is greener, but if we are here on these forums then we have our reasons for wanting to leave.

To quote my learned friend above "Same shit different bucket.." Sometimes a different bucket, a change in scenery, regardless of how good or bad things may be, is all you need to give youself a more positive outlook on life.

.
I'm originally from Zimabwe & South Africa and living in the UK I have almost no friends from back home. Most move to the UK and all they do is complain how they hate it and its cold and expensive and the people are horrible - my retort "Please feel free to buy a ticket and GO HOME!". Can't stand people who emigrate and then spend years moaning and hating it. Obviously not everything is perfect there are some things I don't enjoy about UK but we decided to come over and we've embrassed the good with the bad and I ADORE it here just as I will ADORE it in Australia even with the bad things -no point in spending your life moaning.
 
Old Jun 1st 2011 | 6:53 am
  #60  
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Default Re: Oz falling from high

Originally Posted by Amazulu
The million dollar question and a recurring theme on BE. Although this website is about emigrating to and living in Australia, it is generally anti-Australian - hence threads like this. Also, Poms, who make up the majority on here, are, overall, a pessimistic nation.
It's not anti Australian to feel negative about the economy. If you think it is then you are a fool and riding for a fall. It's perfectly rational to feel that the economy may have had it's day in the sun and be on the way down. I guess that you would categorize me as anti Australian because I'm back in the UK but contrary to that I'm very pro Australian I just recognize the problems and am making plans to avoid them because I have options to do that.
 


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