Xrates down to $1.78 to £1.00,does it give extra push to sell up in OZ
#61
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#63
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Why would I want to Google ?
Most of my info is already on my websites
But I don't have anything on Kerfuffle and bunff.... yet..... now let me see...
http://www.abcdiamond.com/kerfuffle-and-bunff
Most of my info is already on my websites

But I don't have anything on Kerfuffle and bunff.... yet..... now let me see...
http://www.abcdiamond.com/kerfuffle-and-bunff
#65
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Joined: May 2006
Posts: 351

Which I why I wrote Brisbane rather than Australia. I think something like the lifestyle I would like might be achievable in Melbourne if anywhere in this vast space. I'm not in a position to move as here specifically because of a job in Brisbane. I feel quite ungrateful in some ways because it's not a hardship here - it's just not the "lifestyle" (yawn) I want.
#70
Thing is guys, dollar is high because Oz has apparently escaped the recession, living in a recession is tough and people are generally depressed. Also it went even higher today because Australia added jobs, where as other western countries are still losing jobs, higher unemployment equals higher crime.
Financially it would have been better for us if Australia did go into recession and the dollar dropped. I'm glad it didn't because I value living in a great and strong country over wasting time and living in gloom for some extra cash.
Financially it would have been better for us if Australia did go into recession and the dollar dropped. I'm glad it didn't because I value living in a great and strong country over wasting time and living in gloom for some extra cash.
#71
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Joined: May 2007
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we're toying with going back and also planning to sell up house anyway - as we will move anyway either in Oz or back home. we have a pretty low mortgage and some good equity in the property - thinking it would be worth borrowing up to our max and exchanging the money - if it goes back up then we make anyway - does this sound sensible or is there something obvious I am missing - if we compare the rate we moved over at 2.50 then we're set to make something like 50K (pounds) profit.
#72
we're toying with going back and also planning to sell up house anyway - as we will move anyway either in Oz or back home. we have a pretty low mortgage and some good equity in the property - thinking it would be worth borrowing up to our max and exchanging the money - if it goes back up then we make anyway - does this sound sensible or is there something obvious I am missing - if we compare the rate we moved over at 2.50 then we're set to make something like 50K (pounds) profit.
Talking from a purely financial perspective, if you do this, at those figures...and I've considered this as purely a financial exercise, if you dont get a similar job to what you have here, within 6 months, then you lose what you gain, in living costs etc. Thats not taking into consideration selling, buying and shipping. I doubt I would even get a job after 30 years out of the country and being 50+ .... My wife would though as she is a Psych nurse.
It would have to be a hell of a lot more than that for me to even consider the possibilty. Personally I'd start seriously considering about it around the 230,000 quid or 500,000 dollar profit mark...... then there's the kids. So probably not.
Besides I've only got to wait just over 5 years and I pay no tax on 35 years worth of government super, so I'd be daft to muck around with that.
Lets see what the financial gods bring.
Last edited by ozzieeagle; Oct 7th 2009 at 3:09 pm.
#74
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Joined: May 2007
Posts: 130











Talking from a purely financial perspective, if you do this, at those figures...and I've considered this as purely a financial exercise, if you dont get a similar job to what you have here, within 6 months, then you lose what you gain, in living costs etc. Thats not taking into consideration selling, buying and shipping. I doubt I would even get a job after 30 years out of the country and being 50+ .... My wife would though as she is a Psych nurse.
It would have to be a hell of a lot more than that for me to even consider the possibilty. Personally I'd start seriously considering about it around the 230,000 quid or 500,000 dollar profit mark...... then there's the kids. So probably not.
Besides I've only got to wait just over 5 years and I pay no tax on 35 years worth of government super, so I'd be daft to muck around with that.
Lets see what the financial gods bring.
It would have to be a hell of a lot more than that for me to even consider the possibilty. Personally I'd start seriously considering about it around the 230,000 quid or 500,000 dollar profit mark...... then there's the kids. So probably not.
Besides I've only got to wait just over 5 years and I pay no tax on 35 years worth of government super, so I'd be daft to muck around with that.
Lets see what the financial gods bring.
#75
Yes on day one of the move back for sure. After one month though that profit is no longer 50,000 pounds it's 46,000 quid, as it surely would cost you 4,000 pounds a month to live.... costs us circa that here..... again no set up costs in that figure.



