Closing in on parity with USD again! Must get holiday spends while it lasts :oD
Lisa,Nurse & John,Firefighter.176 granted 24/02/10. Flying to Brisbane on Xmas day 2010!
Some people in this thread & on another one running recently seem to be praying for a recession to hit Australia. Any one of you care to explain why?
Another reason is they won't feel so bad if we have one here too and the posters are stuck in UK or somewhere else in the rest of the world where they are doing it tough.
"Never seen that/happened to me in Australia, but it I saw it/it happened to me all the time in the U.K" Please feel free to cut and paste as many times as you like.
There was definitely a recession here in 92 when we came. Much the same as the UK when we left it so we didn't have great expectations.
Didn't stop us coming though. We both gave up good jobs to come here to no promises, no jobs arranged or anything. We could sign on and get dole at the time. Didn't realise that until we got here though. Had it for about 2 weeks then my wife got a job.
I've seen a couple of downturns in my time in Perth but at the moment it looks in as good a shape as I've ever seen it, especially WA. I don't work in mining, neither does my wife and we get along fine.
If you worry about recession and how it will affect you, you may as well lock the door and not go anywhere, just in case something happens. Who knows, you might get hit by a bus next week.