Should you really be moving to Australia at this time?
#46
Just Joined
Joined: Jun 2007
Location: Butler, Perth
Posts: 18
Re: Should you really be moving to Australia at this time?
I am a bricky by trade, on our site I have seen ALL my colegues go, brickies,chippies, plasterers, the last few days I have litterally been alone on the site, like a ghost town. The thing I think that has kept me there is the fact I can turn my hand to anything, in five years we have never had more than two houses for sale at once, now we have twelve! All stood empty. The gaffer's told me I have about 8 months work left then that's it. I am self employed with 3 girls 4,5,7. We need to go/validate b4 september, we are thinking of renting the house out and just going, the estate agent says we will get 650 a month, (5 bedrooms) the counsil semis in the village get that
#47
Just Joined
Joined: Jun 2007
Location: Butler, Perth
Posts: 18
Re: Should you really be moving to Australia at this time?
For us, I reckon this is a great time to move to Australia;
- Exchange rate is favourable
- House prices in Oz are falling (I know they are in the UK also but we sold 12 months ago, phew!)
- I have savings in the UK which is reducing in real terms; this will be invested in property in Oz, which will show a good return in the mid-term
- Moving expenses and setup costs are cheaper due to credit crunch deals
- There is no such thing as job security (I have never had so many clients wishing they had listened to my advice to protect their income against redundancy)
- It's really parky outside!
I appreciate these are generalisations, but, they are my generalisations and I am sticking with them!
Dave
- Exchange rate is favourable
- House prices in Oz are falling (I know they are in the UK also but we sold 12 months ago, phew!)
- I have savings in the UK which is reducing in real terms; this will be invested in property in Oz, which will show a good return in the mid-term
- Moving expenses and setup costs are cheaper due to credit crunch deals
- There is no such thing as job security (I have never had so many clients wishing they had listened to my advice to protect their income against redundancy)
- It's really parky outside!
I appreciate these are generalisations, but, they are my generalisations and I am sticking with them!
Dave
Sara
#48
Re: Should you really be moving to Australia at this time?
For me, moving alone with no one else or major assets such as a house, now is a perfect time.
Job offer in a great company with fantastic prospects and training, compared to temporary job in UK that I hate and am not respected for. Rather begin to possibly invest in property out in Aus than get tied in here where prices are very uncertain for the near future.
But I guess it completely depends on circumstances...
lerato
Job offer in a great company with fantastic prospects and training, compared to temporary job in UK that I hate and am not respected for. Rather begin to possibly invest in property out in Aus than get tied in here where prices are very uncertain for the near future.
But I guess it completely depends on circumstances...
lerato
#49
BE Enthusiast
Joined: Aug 2002
Location: An expat Aussie trying to understand why anyone wants to move to Oz.
Posts: 485
Re: Should you really be moving to Australia at this time?
Believe it or not I'd rather be in the UK during a severe downturn than Australia. There are far more benefits if you are out of work for a long time in the UK, especially if you have a family. Also the NHS is streets ahead of Australia's Medicare, especially in terms of how broad the coverage is.
I think Australia is about to enter the worst recession of any developed country and already Australian buying power is greatly diminished with the rapid depreciation of the Australian dollar.
Unless you have enough capital to buy a house outright and be able to survive a long period of unemployment you are much better off staying in the UK. The exception to this is young single people who have nothing to lose by trying Australia as it's not big deal to return when you can't find a job.
I think Australia is about to enter the worst recession of any developed country and already Australian buying power is greatly diminished with the rapid depreciation of the Australian dollar.
Unless you have enough capital to buy a house outright and be able to survive a long period of unemployment you are much better off staying in the UK. The exception to this is young single people who have nothing to lose by trying Australia as it's not big deal to return when you can't find a job.
#50
Re: Should you really be moving to Australia at this time?
Believe it or not I'd rather be in the UK during a severe downturn than Australia. There are far more benefits if you are out of work for a long time in the UK, especially if you have a family. Also the NHS is streets ahead of Australia's Medicare, especially in terms of how broad the coverage is.
I think Australia is about to enter the worst recession of any developed country and already Australian buying power is greatly diminished with the rapid depreciation of the Australian dollar.
Unless you have enough capital to buy a house outright and be able to survive a long period of unemployment you are much better off staying in the UK. The exception to this is young single people who have nothing to lose by trying Australia as it's not big deal to return when you can't find a job.
I think Australia is about to enter the worst recession of any developed country and already Australian buying power is greatly diminished with the rapid depreciation of the Australian dollar.
Unless you have enough capital to buy a house outright and be able to survive a long period of unemployment you are much better off staying in the UK. The exception to this is young single people who have nothing to lose by trying Australia as it's not big deal to return when you can't find a job.
plus hubby works for pcworld. I will say no more on that matter but we have decided we may as well start the ball rolling as everywhere is crying out for nurses and at least we will be going where one of us has a decent job.
Hubby is in retail management and i'm sure he will find something once we get there, if all else fails he can play guitar...lol
#51
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
#52
Banned
Joined: Jul 2008
Posts: 1,769
Re: Should you really be moving to Australia at this time?
Believe it or not I'd rather be in the UK during a severe downturn than Australia. There are far more benefits if you are out of work for a long time in the UK, especially if you have a family. Also the NHS is streets ahead of Australia's Medicare, especially in terms of how broad the coverage is.
I think Australia is about to enter the worst recession of any developed country and already Australian buying power is greatly diminished with the rapid depreciation of the Australian dollar.
Unless you have enough capital to buy a house outright and be able to survive a long period of unemployment you are much better off staying in the UK. The exception to this is young single people who have nothing to lose by trying Australia as it's not big deal to return when you can't find a job.
I think Australia is about to enter the worst recession of any developed country and already Australian buying power is greatly diminished with the rapid depreciation of the Australian dollar.
Unless you have enough capital to buy a house outright and be able to survive a long period of unemployment you are much better off staying in the UK. The exception to this is young single people who have nothing to lose by trying Australia as it's not big deal to return when you can't find a job.
It isn't really possible to predict how badly Australia would fare in a recession but at the moment, the news is optimistic. It's a lot happier than the doom being predicted in the UK. This is one of the main differences between both countries. The UK has always been serious, sober and sometimes depressing not helped by the climate. Australia does have a far more brighter, happier 'she'll be right mate' attitude and this does help a lot of people sustain a more upbeat approach to what's going on.
I love the UK and am considering returning there but I dread coming face to face with the propensity for people to be sober and dejected.
#53
Joined: Jun 2006
Posts: 4,555
Re: Should you really be moving to Australia at this time?
I came here when I knew I was going to be made redundant in the UK because the office was going to be shut and the work moved up North where they accept coal for payment. The Mrs job was not going too well either. It worked out well for us.
Timing of the move depends on a number of factors such as careers, school age of kids, etc etc.
Just do not come over in Jan expecting to line up interviews. The job market comes to life in late Feb.
Timing of the move depends on a number of factors such as careers, school age of kids, etc etc.
Just do not come over in Jan expecting to line up interviews. The job market comes to life in late Feb.
#54
Forum Regular
Joined: Sep 2005
Posts: 206
Re: Should you really be moving to Australia at this time?
Both have grossly overvalued housing sectors with the UK crash happening maybe a year in advance of Australia's.
Both countries have horrendous personal debt levels, and both currencies are basket cases - the Aussie dollar is crumbling in line with the deflating resource bubble whereas sterling's weakness is as a vote of no confidence from the world as to its economic prospects.
UK govt finances are gruesome and the huge (& entirely) unfunded civil service pension liability hangs like an albatross around the next generation of taxpayers.
I think the weather swings it Australia's way - it can also feed itself and has its own sources of energy
Both countries have horrendous personal debt levels, and both currencies are basket cases - the Aussie dollar is crumbling in line with the deflating resource bubble whereas sterling's weakness is as a vote of no confidence from the world as to its economic prospects.
UK govt finances are gruesome and the huge (& entirely) unfunded civil service pension liability hangs like an albatross around the next generation of taxpayers.
I think the weather swings it Australia's way - it can also feed itself and has its own sources of energy
#55
Banned
Joined: Jul 2008
Posts: 1,769
Re: Should you really be moving to Australia at this time?
Both have grossly overvalued housing sectors with the UK crash happening maybe a year in advance of Australia's.
Both countries have horrendous personal debt levels, and both currencies are basket cases - the Aussie dollar is crumbling in line with the deflating resource bubble whereas sterling's weakness is as a vote of no confidence from the world as to its economic prospects.
UK govt finances are gruesome and the huge (& entirely) unfunded civil service pension liability hangs like an albatross around the next generation of taxpayers.
I think the weather swings it Australia's way - it can also feed itself and has its own sources of energy
Both countries have horrendous personal debt levels, and both currencies are basket cases - the Aussie dollar is crumbling in line with the deflating resource bubble whereas sterling's weakness is as a vote of no confidence from the world as to its economic prospects.
UK govt finances are gruesome and the huge (& entirely) unfunded civil service pension liability hangs like an albatross around the next generation of taxpayers.
I think the weather swings it Australia's way - it can also feed itself and has its own sources of energy
Plus I think we've all got to start realising we're going to be working well after retirement age. It's a good time to find a job that you love doing! Just don't depend on the usual safety nets, create your own.
#57
Re: Should you really be moving to Australia at this time?
I can't believe some of the scaremongering on this thread.
It depends on each individuals situation, why people feel the need to 'tell' other people what will happen is beyond me.
We have just sold our house and have a few companies willing to interview us from Oz while we're still here (we leave on 12th of Jan).
We have been lucky with our house, but we are good at our jobs and have been told we will get a job without a problem.
It depends on your skills, some will be OK and some will struggle, but I can't see it being that much difference to the UK.
It depends on each individuals situation, why people feel the need to 'tell' other people what will happen is beyond me.
We have just sold our house and have a few companies willing to interview us from Oz while we're still here (we leave on 12th of Jan).
We have been lucky with our house, but we are good at our jobs and have been told we will get a job without a problem.
It depends on your skills, some will be OK and some will struggle, but I can't see it being that much difference to the UK.
#58
Banned
Joined: Jul 2008
Posts: 1,769
Re: Should you really be moving to Australia at this time?
Scaremongering? You should try being pregnant for the first time and having to listen to people tell you what's going to happen. That's scaremongering.
#60
Banned
Joined: Jul 2008
Posts: 1,769
Re: Should you really be moving to Australia at this time?
Your either very brave or very naive making a statement like that.