recession

[kernow43]

Originally Posted by Mark and Sharon

Thats right Chrissy "not what you know but who you know"and i also think that the Australians are employing Australians over us poms and fair play to them,this is a great country but i never said England was such a bad place,we came here to try and get a better life but the way things are we wont be able to get it for at least another 12/18months and we cant afford to wait that long.Wish i could afford to just start a buisiness as kernow43 suggested.

a friend came out 7 months ago, found it hard to get work in his trade. Started making & selling Cornish pasties at the markets making twice as much as he could earn at his trade, now opening a shop and all this done when he was down to the last of his money! Has a wife and 3 kids. You will find him at Redcliffe markets.

[ESSEX TO AUS]

The reccesion may be worse in the UK, but all conciderd starting life as an immigrant in a new country against a life of what you know and who you know in the UK and the familiarity of a country you have lived the whole of your life.
I think in most cases the UK will win.

A friend of mine is over from Brissie. He's not a lover of this country. He said to me there's not a lot of sign that a reccession is about from what he can see.

For those of you thinking of coming home, if you have a job in Aus stick it out it is hard hear at the moment (unless you have a garunteed job offer). If you don't have a job you will have a better chance of getting work back hear.

And don't listen to the doom and gloomers. This is still a great country.

[meat and wine]

Originally Posted by ESSEX TO AUS

The reccesion may be worse in the UK, but all conciderd starting life as an immigrant in a new country against a life of what you know and who you know in the UK and the familiarity of a country you have lived the whole of your life.
I think in most cases the UK will win.

A friend of mine is over from Brissie. He's not a lover of this country. He said to me there's not a lot of sign that a reccession is about from what he can see.

For those of you thinking of coming home, if you have a job in Aus stick it out it is hard hear at the moment (unless you have a garunteed job offer). If you don't have a job you will have a better chance of getting work back hear.

And don't listen to the doom and gloomers. This is still a great country.

Good post. which country is hit hardest is irrelevant, you will have to start from scratch here.
There is no question that the UK is being hit harder at the moment but who knows how it will pan out. Where ever you are, if you are employed, stick where you are.

[ali]

My OH's company have put everyone on 4 day week from the end of the month (rather than let people go) and then when things pick up they'll do a 37.5 rather than 40 hour week. We're fortunate that at the moment we can accommodate the loss of earnings (and OH can then get all those little jobs done in the house lol), but if worst comes to worst OH will do absolutly anthing he needs to.

[fizzylizzy]

G'day all!

i arrived in oz on feb 6th and haven't been able to get a job either and it was definitely not through lack of trying ~ but don't quit people! some of these folk are right ~ its worse back home in the uk!

i've actually just started up my own business and, even tho its slow going and a lot of work... it just about pays the bills! us brits are entitled to an ABN ~ Australian Business Number, and i'm only on a 1 year working holiday visa ~ i got my ABN in just over a week with no problems.

If your struggling with work but still want to stay in sunny aussie land ~ think of something creative (like the lad who started making cornish pasties ~ i just wish i could cook hehehe) get your ABN and go for it ~ Dont Give Up The Dream! xxx

[kernow43]

Originally Posted by fizzylizzy

G'day all!

i arrived in oz on feb 6th and haven't been able to get a job either and it was definitely not through lack of trying ~ but don't quit people! some of these folk are right ~ its worse back home in the uk!

i've actually just started up my own business and, even tho its slow going and a lot of work... it just about pays the bills! us brits are entitled to an ABN ~ Australian Business Number, and i'm only on a 1 year working holiday visa ~ i got my ABN in just over a week with no problems.

If your struggling with work but still want to stay in sunny aussie land ~ think of something creative (like the lad who started making cornish pasties ~ i just wish i could cook hehehe) get your ABN and go for it ~ Dont Give Up The Dream! xxx

That's the spirit you need, A true Brit, good on you!

[AnnabelCandy]

This is quite depressing reading. I think the contacts thing is true so maybe finding work is harder for expats but I haven't lived in the UK for about 20 years and I definitely don't want to go back there now. At least here we can get out and about for some free entertainment (walking, surfing, biking) instead of being stuck at home in the rain and gloom. I'm not giving up on the dream!

[cazmayo]

We are in Ireland and unemployment rate is 12% as of yesterday. Its expected to rise to between 15-17% Jesus that is mental!!! Hubbie is still working, though lost his business and has had 2 paycuts since getting a job, so fedup, but there are worse off than us.

It will be about 12 months before we get visa/can go, so we are hoping that the timing will be right workwise.

We are going to Perth (lived there already some years ago when single) and read their unemployment rate was 6% so not as bad as here!!

Chin up and keep going to those that are finding it hard to find a job, and maybe look outside the box for the time being. The recession wont last forever.

Cheers
caz

[LukeSkywalker]

The facts are simple. I wont be popular for this post, but I will spell it out as I see it.

Fact 1 - ALL Western countries are in the sh1t. UK/Oz/USA/Germany - THE LOT
Fact 2 - The West's consumption is what has driven jobs in China etc. Now they are suffering.
Fact 3 - A good percentage of people have lived OVER their means (credit mainly)

OK these all seem to me to be facts. Now to my opinions.

Opinion 1 - Prices of houses etc. in Australia are as inflated as in the UK.
Opinion 2 - I believe that Australia will see 30% off their house prices over the next 2-3 years.
Opinion 3 - The construction industry will be (is already) the hardest hit industry. One reason is that it offered for a period of time crazy money for average to poor workers. The same thing happened in IT in 1999-2003. IT salaries never recovered, and neither will construction.
Opinion 4 - This is a 20 year problem - not a 12 month one
Opinion 5 - It was the 1991 - 2007 credit boom that was abnormal - not current times

To me its all pretty bleak at one level. In the 1930s depression (and that what I think the world is on the edge of having) governments could create tens of thousands of jobs in construction. Not any more. e.g to mix concrete for the Hoover dam it took 5,000 labourers. Not the same amount of concrete could be mixed by 2 men and an automated unit. Now what can governments do? Nothing. Dont look to them to get us out of this mess - they are all useless and corrupt.

OK having said that (which I apologies sounds depressing). One has to recognise that there can be opportunities in adversity. People with cash will do well for the next several years - asset prices are dropping (houses, cars etc). The frugal will do well for the next several years. BUT the ones who will do poorly are (a) people that rely on credit (b) people with few savings (c) people who have unrealistic expectations of what life can give them, be that in the UK or Australia.

Of these (c) is the most important. I grew up in the UK in the 70s and a foreign holiday was, well, almost unthinkable until the 1980's really. A hell of a lot of people dont realise that. People made things last longer as well - TVs would be kept for 15 years and not 5 etc etc.

IMHO wherever you decide to base yourself, it is inevitable that you will have to lower your expectations as to what life can offer you in MATERIAL terms and look for other things. What can the UK offer in that region? Beaches - nope. Parks - maybe if you can avoid the dog sh1t and getting mugged by asylum seekers. Train to London? Not if you fancy a seat.

I costed a day trip to London recently from Milton Keynes.

4 tickets to London (inc. tube) £158.00
4 tickets to London Dungeon £55.80
4 snacks at local pub £20
4 drinks £8

£246 - for one visit to a single attraction. NO hotels.

WTF is that all about? Life is about the simple things in many ways - and Australia I think offers more of those for free.

Hm. Sorry about the length and contents. But I feel better now :-)

[itcouldbeworse]

Originally Posted by LukeSkywalker

Opinion 2 - I believe that Australia will see 30% off their house prices over the next 2-3 years.

Only thing that I disagree with. As long as we've got cockroaches and mexicans coming here to Qld, along with the whingeing poms, house prices will continue to rise in the SE corner of Qld.........give 'em more visas I say

Fact: Bought first house for 110000 4 yrs later sold it for 315000, built current one for 320000 (house and land) 4 yrs ago............current valuation 620000.

You have to be in property long term, and long term, history shows that you just can't lose. Land and houses will always be in demand.

kev