can1983

On 07/06/2024 at 09:26, Steve Elliott said:

Typically an hour consult should be between $200- $300 for an hour.

I’m sure that’s right but that really is a lot of money an hour

Im a chartered engineer. Had to do A levels, bachelor degree, masters degree, chartered engineer assessment and I reckon I’d charge out at less than that

I really wish I’d quit school and 16 to dig holes and pour concrete in them I’d earn more

24 minutes ago, Steve Elliott said:

You might want to back test that theory as from what I can see, your theory might be flawed as the charts suggest.

Having jumped off one bus, you might find yourself siting at that bus stop for several years before your next bus turns up!

Also, most banks in Australia offer multi currency accounts for large amounts. Alternatively you could simply consider a currency hedge on other income producing assets.

Nice idea though!

Yes it might take several years. I guess what I'm saying is I only want the money for retirement so its guaranteed to move enough both ways over the next 20 years

13 hours ago, Ferrets said:

Just had a quick check of where we lived in London too, smaller plots overall.  I think ours was approximately 250sqm total plot, semi detached three storey.  I reckon it would be a nicer house for those new builds.

Yeah my uk house was 85m2 on a 250m2 block. It was rubbish, pokey and depressing. Moving to Australia should give you more space

my point was that Australia is a massive country with many times (10?) the usable ('non desert') land of the uk and only 1/3 of the population

So why should people be squeezed in like this

So mulling over an idea. Rather than using a trading account has anyone just used their AUD and GBP personal accounts which you already have to move money backwards and forwards over a long period of say 5 years. I realise that's not the intent of wise etc but we are only talking a couple in 5 years its not daily. This is for long term savings not money you need today

Here's how it might work

$100k in AU but in a instant access saver at say 3-4% interest

when rate goes to 1.7 (which it will inevitably will at some point) move to uk and put in a similar savings account. 

When the rate returns to 1.9 or so return the money. At this point a profit on forex is made so include on tax return. return to savings account

rinse and repeat for next 20 years

As i see it because its earning some interest all the time whilst remaining immediately accessible and the AUD is a commodity currency which fluctuates wildly it should return around 8-10% pa with no risk to lose money.

note already have other stocks / etf / gold etc etc that returns 6-7% pa.

just looking at other options and holding a GBP and AUD personal account seems like an advantage us PIO people have.

Immigration have never phoned anyone to tell them they have permanent residency

Can't understand what you are saying

I smell a rat or two

madness surely! no secondhand value in Australia 

4 hours ago, Ausvisitor said:

That's the feeling for Transfering 750k GBP (about 1.5m AUD)

If you are transferring a more modest sum i.e 100k GBP the fee is around 0.38%

Still better than anyone else though!

That was the fee for GBP 25k but actually it was the last of several similar transfers this year so perhaps it changes 

I'm using wise. essentially you get the exact international rate less 0.24% commission.

I think they stopped that in about 1963!

So I'm putting it out there. Saw the discussion around the Ponds in Western Sydney. If this was my only option in Sydney I'd leave Sydney. If this was my only option in Australia I'd leave Australia. Why would people saddle themselves with a 30 year mortgage to live here 45km from the beach? There's less space than what's afforded to livestock.

It makes me so sad

1 hour ago, Cerberus1 said:

This interactive map was on the SBS site around 18 months ago. It shows the top countries of birth by Suburb (excluding Australian born). Some of Perth's Northern suburbs have between 20 - 30% British born.

 

interesting so long as you take it with a pinch of salt i suppose.

Just shows you how lucky us poms are all the nice suburbs feature the brits "england" and all the inner city and s**thole suburbs have india, china iraq etc

1 hour ago, Marisawright said:

It's on the record.  Of course not ALL British people move to be in a community of Brits, but in Perth, it's FAR more common than anywhere else in Australia.  The statistics prove it. Look it up.

Many nationalities are known for setting up little communities in different countries. I actually think the brits aren't the worst

Germans are pretty notorious at it

This sounds like good old ping ponging to me. UK is a congested basketcase and with young children I would seriously consider no more 'pinging'

Presumably you are not talking southern England? obviously many parts of the UK are considerably cheaper to live than Sydney (anywhere outside of London and home counties)

I will never leave Australia to live in the UK, and I was the British one initially! I'm from the home counties which probably explains why I am so anti UK

11 minutes ago, Skani said:

Yes, agree with the suburbs to avoid given by Toots.  Ravenswood and Rocherlea in particular regularly feature at the top of the social problem hierarchy.  

Some low lying areas of Launceston are prone to flooding:  these are detailed on overlay maps here - Launceston Draft LPS - C12.0 Flood-Prone Hazard Areas Overlay 11k and 55k - Exhibited Version (planning.tas.gov.au)

There are also some pleasant villages within commuting distance of Launceston eg. Evandale, Perth, Longford, Carrick.

even more reason to be on the hills above the city to the west!

Should have said if you are looking at house prices and thinking they look appealing that sort of sums up the problems in tassie recently. What used to be $250k 10 years ago is $750k now - and mainlanders still think its cheap today!

I couldn't believe what we got our place for

if you dont mind hills and sloping driveways Trevallyn or west launnie is the pick for me. lovely view over the city and river and nice recreational space nearby.

can't add value on the single parent side because I'm not one, however...

Isn't quality of life about lots of aspects to life all combining to achieve a happy outcome. If you move here i assume you will have no family for support? and also, initially, no friendships etc? i think that could be quite isolating for you both, certainly initially but potentially long term.

I gain an enormous amount of satisfaction and happiness from the environment and surroundings living here in Australia but it wouldn't be enough for me to overcome the isolation from the balance of my family if I didn't have almost everyone here.

is that 200k your only family income? I honestly would say its not huge as a family income but probably adequate.

Whether it is enough would surely depend on how much of a home loan you need to take out or how much rent you need to pay.

200k would easily pay for day to day expenses with a small mortgage (<300-400k), but $200k isn't going to service a million dollar loan for example (although a bank may well lend it to you) without living very frugally.

So i would look at housing costs its everything here.

5 hours ago, paulhand said:

Or not work at all if you prefer! 

just dont turn to crime to replace the lost income i suppose thats not such a good idea for pr holders, a least wait until you are a citizen 

Is your occupation actually 'project controller' in the eyes of Australian immigration? You normally need formal qualifications and years of experience and if you have just changed career this might be a problem - but an agent can advise.

I've held the title 'project manager' for quite a few years but have no formal qualifications in the field having sort of evolved into it from engineering where i have the qualifications.

yep more info is required for sure on their circumstances

For us moving to Hobart in 2017 presented a huge increase in quality of life from an inner city deprived area in the UK commuting an hour a day to living at the beach less than 5 minutes from work. But even since 2017 its all changed and we wouldn't be able to do the same move in 2024. People would say Tassie has the worst weather of all states but we love it. Its cold in winter but lots of clear days unlike the greyness of the uk

Which state are you thinking, what job etc

15 hours ago, Tulip1 said:

Hopefully you’re still in contact as you will still need her permission to take your daughter to Australia.  
 

Just in case you didn’t notice the signature,  wrussell who commented above is a known migrant agent on this forum.  Perhaps reach out to him. 

There has to be some mechanism when one parent is absent and not contactable.....

Always better to be drawn to a new place rather than pushed away from another.

I certainly never liked living in the UK from the start of my adulthood until i left and i am 100% comfortable with my decision to move to Australia.  It has given me a lifestyle which is impossible in the UK without being very wealthy.

But i think you should look at what you think will improve for you here rather than focusing on what is wrong with the UK

8 minutes ago, Toots said:

I am confused too.  The OP says she wants to work even casually but that is a no no on a visitor visa.  The partner visa makes much more sense.

yep, I was in a similar situation parent to Australian children. I knew once I had pr my right to come and go as i pleased was assured so long as i didn't commit a serious crime or leave and not at least visit Australia a couple of times in a five year period.

Now a citizen which is even better!

I'm confused why would you not apply for a partner visa? I can't see why you wouldn't get pr straight away given time together and children. Leaving the country every 3 months isn't free either and you can't work to pay for the visa so overall surely its financially better to pay for the visa

Once you have pr you can work, get health care etc.

If you leave say 6 months after getting pr you can keep coming back for a few weeks a year as you please.

You can get a RRV if you need to should your travel facility expire. Holidays would meet the 1 day every five years requirement and you would always have significant ties to Australia having two citizens as children.

By not getting pr now you are only going to create the possibility you wont get a visa in the future should your relationship breakdown etc.