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-   -   Perth - The most expensive city in Australia (https://britishexpats.com/forum/australia-54/perth-most-expensive-city-australia-802576/)

Zen10 Jul 16th 2013 3:22 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by the troubadour (Post 10803948)
Not good for the economy either. How do these workers get a mortgage and the like? Would people take on debt without some sense of security.
Sadly the effect is to turn people into commodities an all too common eventuality in this ubber profit driven world of recent times.
Sadly few I suspect are happy with modern day outcomes in the workplace.

I suspect that the rise in temporary contracts is partly responsible for the record low numbers of buyers and the increase in people renting, that and the outrageously overpriced housing stock, of course.

renth Jul 16th 2013 3:38 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by Zen10 (Post 10804006)
I suspect that the rise in temporary contracts is partly responsible for the record low numbers of buyers and the increase in people renting, that and the outrageously overpriced housing stock, of course.

It might soon be time to pick up a heavily discounted V8 ute or jetski. Of course we'll be called "vultures" if that happens.

swans Jul 16th 2013 7:53 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by munch (Post 10799788)
There needs to be more competition in Perth, huge monopolies in the supermarket chains and utilities here. They get away with charging what they like and get away with providing very poor customer service...they don't need to care because people don't have enough choice and have to use their services regardless of if it is good or not. Who has the time to travel 20 minutes down the road for a cheaper cucumber?!!!
And as for quality...the fruit and veg I see in Coles is nothing like the fruit and veg they show Curtis Stone holding in their ads, I wouldn't mind as much paying what we have to pay if it looked as decent at that!! Perth is out of control now though, we have seen a huge increase in everything since we moved here and not everybody works on the mines.
Petrol is much cheaper here though but you have to drive so much more to get anywhere. There was a guy coming out of the petrol station this morning and he said to us "don't know whey they are building all those car parks at Joondalup, in a few years people won't be able to afford to go anywhere...it will be either buy food or petrol but they won't be able to afford both!" :rofl:

The competition nonsense arises again,competition increases prices,it doesn't reduce them .The obvious is always hard to see,try this,economies of scale,or thus.If you live in a country with a large population such as the USA you have huge companies.The USA has 314 million people.They have large companies such as Wal Mart.If wal mart can get $1 per week profit from each of those people then profit will be more than $15 billion per year,which is what Wal Mart makes.

A small population as in OZ/NZ.Woolies get approx $1.50 from 27 million customers,giving a profit of around $2 billion a year,which is what they make.

Shall we look at turnover (revenue).All those customers that use Wal Mart decide to spend $5 per week less than normal.then we have $5 x 300 million.They lose $1.5 billion in revenue,or $78 billion per year.Do you think they would notice that money disappearing,would you notice $5 per week more in your pocket.Never repeat what the crowd repeat,they rarely get anything right.

geordie downunder

chris955 Jul 16th 2013 8:19 pm

Re: Perth - The most expensive city in Australia
 
Well competition here seems to be keeping grocery prices down as well as the prices of other things. I have never heard of competition pushing prices up.

BadgeIsBack Jul 16th 2013 8:29 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by renth (Post 10801894)
The world will always need our natural resources but yes, I think we'll have to dramatically change the way we do business. Get rid of mining/carbon taxes and make the entitled, bearded dude in the fluro jacket on $150k a year who operates the stop/go sign and goes on strike "'cos there's only 2 flavours of ice cream" in the mess a thing of the past.

Tell the dude to get a trim!

scrubbedexpat098 Jul 16th 2013 11:03 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by chris955 (Post 10804268)
Well competition here seems to be keeping grocery prices down as well as the prices of other things. I have never heard of competition pushing prices up.

competition all over the world reduces prices, to compete you have to cost less than your competitors or offer vastly superior product. With you on this and it scares me ;)

EvannTel Jul 17th 2013 2:46 am

Re: Perth - The most expensive city in Australia
 
How many years have we been seeing posts on here about how overheated every cost in Perth is? Be it housing, groceries whatever?

The reality is the status quo remains.The housing market has corrected, new bars, restaurants are opening up.Yes the economy has slowed somewhat with mining seeing some downturn but major changes are not a foot.
The carbon tax os smoke and mirrors and largely irrelevant

For those who are doing it tough, do not expect the fictional bubble to burst anytime soon: it's not because there is no bubble.

Zen10 Jul 17th 2013 10:56 am

Re: Perth - The most expensive city in Australia
 

Originally Posted by EvannTel (Post 10804862)
How many years have we been seeing posts on here about how overheated every cost in Perth is? Be it housing, groceries whatever?

The reality is the status quo remains.The housing market has corrected, new bars, restaurants are opening up.Yes the economy has slowed somewhat with mining seeing some downturn but major changes are not a foot.
The carbon tax os smoke and mirrors and largely irrelevant

For those who are doing it tough, do not expect the fictional bubble to burst anytime soon: it's not because there is no bubble.

When the average house costs $210,000 instead of $540,000 you'll know the market has corrected.

Beoz Jul 17th 2013 11:19 am

Re: Perth - The most expensive city in Australia
 
Currently in Perth having breakfast at a cafe where the heat is broken. Yes its about 5 degrees here right now. $19.50 for bacon and eggs on toast. Extra mushrooms $4.50. Raised eyebrow and waitress said. 'Yeah I know us locals have to pay those prices too'

Zen10 Jul 17th 2013 11:47 am

Re: Perth - The most expensive city in Australia
 

Originally Posted by Beoz (Post 10805584)
Currently in Perth having breakfast at a cafe where the heat is broken. Yes its about 5 degrees here right now. $19.50 for bacon and eggs on toast. Extra mushrooms $4.50. Raised eyebrow and waitress said. 'Yeah I know us locals have to pay those prices too'

:eek: The stuff of revolutions...time to open a café, methinks. Those mushrooms probably cost the café owner all of 20c.

renth Jul 17th 2013 12:52 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by Zen10 (Post 10805611)
:eek: The stuff of revolutions...time to open a café, methinks. Those mushrooms probably cost the café owner all of 20c.

The thing is I don't think most of these restaurants and cafes are deliberately ripping off their customers. They probably have to pay extortionate rents, local business taxes and wages enough to stop their staff going off to work "on the moines".

Zen10 Jul 17th 2013 1:46 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by renth (Post 10805682)
The thing is I don't think most of these restaurants and cafes are deliberately ripping off their customers. They probably have to pay extortionate rents, local business taxes and wages enough to stop their staff going off to work "on the moines".

Good point about commercial rents.

verystormy Jul 17th 2013 3:18 pm

Re: Perth - The most expensive city in Australia
 
Dont get me started on the cost and experience of eating out in Perth. Its a total joke and rents are not the reason.

Take my brother in law. He has opened a restaurant in central London - Soho. He pays above average salaries to his staff and has a lot of hidden costs such as he uses a lot of seafood that has to be 100% fresh and so is couriered from the boat direct. This is a pretty serious restaurant - awarded the best dish in London 2012 and with glittering reviews. Now, a meal would cost about $40 per person. Try and go to any of the better restaurants and order a meal for $40.

Another example is Dinner with Heston. One of the best restaurants in London. A 3 course lunch is also about $40. That from a 3 michelin star chef. ****, i have paid more in a greasy spoon in Perth.

Then there is the quaity or lack of. Went to Rockpool. First time in my life we had to send a dish back. And here we sent two back.

Have eaten in all of the better places in Perth and not yet had an amazing meal. All pretty average which when your spending the best part of $300 for two without drinks is not acceptable

irishbloo Jul 17th 2013 3:48 pm

Re: Perth - The most expensive city in Australia
 

Originally Posted by renth (Post 10805682)
The thing is I don't think most of these restaurants and cafes are deliberately ripping off their customers. They probably have to pay extortionate rents, local business taxes and wages enough to stop their staff going off to work "on the moines".

This is more than likely true.The landlords are making huge money.So many cafes close down and then new ones open.We could not afford to rent a cafe in a decent spot.However four fifty for a side of mushrooms.:eek:

BadgeIsBack Jul 17th 2013 5:48 pm

Re: Perth - The most expensive city in Australia
 
Steak - 42 dollars+

Small side of fries - 7 dollars


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