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  1. ]hello i am pleased to see your reply sir , my university is central queensland ,due to the delay of my passport for labling the visa in the embassy i missed the november session 2010 because the university didnt grant further extension to me an i got my passport after the extension,so my semister deffer to the febuary session 2011,the university has then issued me new offer letter and then the new COE(confirmation of enrollment) certificate for the febuary session, sir now i am worried about my visa that if there would be any effect on my visa by deffering the semister to the febuary session because i got my visa in october2010 and i will now go for the feb session 2011 almost three month after getting the visa so that why i am worried that as the immigration will create problems for me for going the fb session.? sir my another question is that if i made my first travel on this visa after three months whther my visa would be effect or not because i ve heard that if first travel is not made on the visa within three months the visa would be effect,? my main question is that whether there would be any effect on my visa by deffering the ssemister to the next session after the university issuing new offer letter and coe certificate? plz plz plz plz answer to my questions i am worried about it plz sir thanx
  2. Any members on here effected, looks bad :embarrassed: BUNDABERG, Australia — Flood waters swept through vast areas of northeastern Australia Saturday, threatening to inundate thousands more homes in a disaster one official said was of "biblical proportions". As Queen Elizabeth II sent her "sincere sympathies" to Queenslanders who rang in a damp new year, helicopters were being used to deliver food and other supplies to isolated towns. Up to 200,000 people have been affected by the floods, which have hurt the nation's lucrative mining industry and cut off major highways as the water rushes through sodden inland regions to the sea. "In many ways, it is a disaster of biblical proportions," Queensland State Treasurer Andrew Fraser told reporters in flood-hit Bundaberg. Prime Minister Julia Gillard, who on Friday toured inundated regions, said the floods had been devastating and would clearly have an economic impact. "We're still directly battling floodwaters -- we haven't seen the peak of the flood yet at centres like Rockhampton -- so the people of Queensland in many places are doing it tough today," she said.
  3. Guest

    knowing about australian visa

    hello to all dears i want to know about ausrtalian visa,sir i got my visa in october ,my classes start on 1st november but i got extension upto 12 november but due to delay of my passport for labeling the visa in the embassy ,i got my passport after 12 november due to which university didnt grant further extension to me due to which i miss the semister and my semister deffer to the next session, sir my question is that whether there would be any effect on my visa by deffering the semister to the next session? as there would be any problem for me to go for the febuary session 2011,because i will go for the semister about almosta 3 months after getting the visa/ my main question is that whether there would be any effect on my student visa by deffering the semister to the febuary seeision? would the immigration will be create any problems for me for this reason plz plz answer thanx
  4. Hi All, Was wondering if anyone could shed some light on my situation. I am employed by an Australian company working in the mining industry in West Africa. I am contracted from Europe. I have not asked them about sponsorship, as I do not know my options, seeing as though I am contracted from Europe. Could they sponsor me even though I work in Africa? I work on a seven weeks on three weeks off roster. My options for applying for my own visa look slim as I do not have enough points regarding work experience, even though I have been in a project admin role now for the past couple of years.:arghh: Would anyone be able to help me with this? Many thanks everyone and good luck for the new year with everyone's applications!!
  5. Guest

    Hello from The New Australian

    Hi, Arrived 14 weeks ago in Sydney (Sydders). Rampant cricket and rugby fan. Married to a Saffa, she supports anyone playing England in the rugby but has been cheering for England in the cricket this series (go figure). Couple of kids, another on the way. Picked up a contract after about 8 weeks, got another starting when this one ends in Feb. All good so far. Thanks for having me. TNA
  6. Sounds more like a post-election speech than Xmas message.
  7. On the twelfth day of Christmas, my true love sent to me.... Twelve cross-eyed emus, Eleven limping lizards, Ten noisy numbats, Nine fat koalas, Eight frill-necked lizards, Seven wobbly wombats, Six cackling cockies, Five pink galahs, Four kangaroos Three magpies, Two lyrebirds And a kookaburra in a gum tree So that's the Aussie version, now for the PIO version...here we go...... On the first day of crimbo my true love sent to me, A visa to live in Aussie
  8. Hi all, I have one query regarding the Australian work experience. Since the fact I am working in my field of Accountancy from May this year. To be precise as an Assistant Accountant, and have 4 weeks of annual leave in my contract. The question here is does those 4 weeks of annual leave also gets accounted for 52 weeks of work experience, since they are all paid leaves and I do have a salary slip from my company to prove it. Or I have to work extra 4 weeks irrespective of paid annual leaves? As a last alternative I am relying on Australian work experience so that I can lodge my file before the new rules come into existence. Would appreciate if any RMA/POMZ member can provide valuable inputs or advice. Cheers Adi
  9. NO SURGE BUT STERLING SURVIVES Investors fret about falling UK house prices Another strong Australian employment figure fails to make up for earlier losses by the AUD A range of more than three cents took sterling from low to high in little more than 24 hours, whereupon it promptly gave back half the gains. Sterling hovered for the next two days but set off lower this morning. It was carrying a net one-cent gain when London opened this morning but looking very uncomfortable. The economic data were not at all unkind to sterling. October's -0.2% slippage in industrial production was not the stuff of legend but the annual 3.3% increase was tolerable. Manufacturing production (industrial production minus energy and mining) scored a perfectly decent 0.6% monthly increase and was 5.8% higher over the 12 month period. The Confederation of British Industry's industrial trends survey was similarly positive for the manufacturing sector. Its monthly survey revealed 32% of manufacturers predicting a rise in output in the coming quarter, and 19% a fall, making a balance of +13%. The -£8.5 billion trade deficit in October was very much business as usual and the producer price index showed factory gate prices rising more slowly at 3.9% a year while manufacturers' costs were up by more than twice as much at 9.0%., further squeezing gross profits. The National Institute of Economic and Social Research (NIESR) gave the pound a helping hand with its estimate that the UK economy grew by 0.6% in the three months to November. There were no surprises from the Bank of England's Monetary Policy Committee. It left interest rates unchanged, with the Bank Rate at 0.5% for a 22nd month, and there was no extension of the quantitative easing (QE) Asset Purchase Programme. There were no surprises among the various house price indices either but that did not make them more palatable to investors. The Halifax index, which looks at actual sales, logged a -0.1% fall in November, with the average price dropping to £164,708. Rightmove's index fell by -3.0%, taking the average asking price down to £222,410. The big gap between asking prices and transaction prices suggests further price falls are in the pipeline as sellers begin to realise why their property is not moving. There were no surprises from the Reserve Bank of Australia either. After last month's unexpected cash rate increase from 4.5% to 4.75% nobody really expected the RBA to lay an another hike this time around. What did raise eyebrows, though, was another set of stonking employment figures. The rate of unemployment went back down to 5.2% (analysts had been taken aback by the anomalous spike to 5.4% in October) and another 54,600 people found jobs. Participation - the proportion of people who could work that do work - went up from 65.9% to 66.1%, a new record. A positive interpretation of the participation figure is that confidence in the economy is high. A cynical one would be that houses are so unaffordable that every member of the family has to pitch in with an income. With little to rouse investors from the pre-Christmas torpor that is now settling in, sterling was one of a handful of currencies that outperformed the euro by less than 1.0% over the week. It did nothing particularly badly, simply ticking over as it waits for Santa and taking advantage of the euro's infirmity. If previous seasonal slowdowns are anything to go by the somnolence will deepen, turning to catatonia next Monday. There are possible triggers this week, notably the meeting of EU heads of government. There are also UK inflation and employment figures, both of which have the capacity, under the right circumstances, to nudge the exchange rate. Having thrown that straw, last week's stability suggests this week will bring more of the same unless something messy hits the ventilator. The seasonal slowdown is not a myth: Active investors tend to tidy their positions ahead of the illiquid holiday period and keep their heads down to avoid any unnecessary pre-Christmas damage.
  10. I am British, living in the UK with my Australian husband and my spouse visa application is underway as we plan to move to Melbourne next year. My husband has bought a house there - I couldn't easily get on the NAB mortgage or the title deeds but I will do so once I have the visa and I'm over there. In the mean time we are renting the flat where we live in the UK and on top of that we are paying the Australian mortgage by renting out the Melbourne house and contributing the rest half each. I also made a substantial contribution to the deposit we paid on the Melbourne house. I want to protect my interests in case anything happens to my husband (God forbid) and I've consulted my friend who is an English property lawyer and she has advised that we should get a declaration of trust legally drawn up. At least that's what it's called in the UK. She says that if the property was in Britain we would have to involve the bank and register it at the land registry. Now I need to figure out how to do this. Does anyone know of any law firms in the UK (probably London) with the expertise to do this, or any law firms in Melbourne who would deal with overseas clients? Any leads or suitable contacts gratefully accepted! Cheers Kate
  11. hi im moving to perth at the end of the month on a year's working visa . Im a Bricklayer and i know i need the blue/white card and i know i cant get my tax file number until i arrive in perth but can i get an abn as i will hopefully be mostly self employed . I was wondering if i can get one before i arrive to speed things up. ANY HELP WOULD BE GREATLY APPRECIATED. THANKS:confused::confused::confused:
  12. STERLING WALLOWS IN A DREARY MARKET UK manufacturing sector at a 16-year high BoE and RBA both expected to leave interest rates unchanged this week. For four days the pound loitered in a two and a half cent range, threatening to go nowhere. On Thursday it fell two cents beyond the bottom of that range and carried on lower. When London opened today the pound was two and a half cents lower than its position last Monday morning and within spitting distance of October's all-time low. Sterling found its tedious tone from an unusually short list of what turned out to be mainly uninspiring economic data. Hometrack and Nationwide both reported lower house price in November, Hometrack with a -1.1% fall and Nationwide at -0.3%. Mortgage approvals in October numbered 47,200, little more than half as many as there would be in what used to be known as a "normal" month. UK consumer confidence deteriorated from -19 to -21. Of the week's two purchasing managers' indices (PMIs), one was surprisingly good and the other was a disappointment. Firms in the services sector reported slower expansion, the PMI falling from 53.2 to a still-positive 53.0. The manufacturing sector was a different case entirely, rising by more than there points to 58.0, its highest level in 16 years. Investors pay no obvious attention to either number; the strong manufacturing PMI did not take sterling higher and neither did the poor services figure send it lower. There was similarly little reaction when the Office for Budgetary Responsibility (OBR) produced an updated set of forecasts for the UK economy. In essence, the OBR recognised that gross domestic product (GDP) has expanded more quickly than expected this year. It has therefore shifted some of next year's growth into this year's bucket on the assumption that, although government spending cuts have not yet bitten as deeply as expected, they will eventually. Accordingly, the OBR has upped its growth forecast for 2010 from 1.2% to 1.8% (which could still turn out to be conservative) and lowered the projections for 2011 from 2.3% to 2.1% and for 2012 from 2.8% to 2.6%. The OBR does not expect to see inflation back down at its 2% target until 2012, when next month's VAT increase and other temporary factors have worked their way through the system. A reasonably generous sprinkling of Australian economic data did not, in the end, have much impact on the dollar. In October new home sales went up by 2.4%. Building permits rose by 9.3%, more than compensating for the previous month's -5.3% drop but not making much of a dent in an annual decline of -11.6%. AiG's performance of manufacturing index fell two points further into negative territory at 47.6. Retail sales were down by -1.1% in October. Third quarter gross domestic product growth came in at 0.2%, well short of the 0.5% investors had been looking for. With a grim set of statistics like that one could be forgiven for wondering how the Australian dollar managed to collect gains on almost every front. The answer, bizarrely, is the European Central Bank. With its decision on Thursday to extend the offer of "unlimited liquidity" to Euroland's commercial banks the ECB removed one of the risks that had encouraged investors to seek the security of the safe-haven US dollar and yen. As they leaned back towards risk investors increased their stocks of the commodity-oriented and high-yielding Australian dollar. The coming week is unusually lacking in salient statistical announcements. On Thursday the Bank of England makes its monthly announcement about monetary policy but it will almost certainly be couched in terms identical to those of the previous ten months. Sterling interest rates will be unchanged and there will be no fresh asset purchases in the quantitative easing programme. The Reserve Bank of Australia will have made its own interest rate decision two days earlier and there, too, no change is expected to the 4.75% cash rate.
  13. Hi guys, We are the biggest victim of government immigration policy.Yes! We are the AUSTRALIAN Group 4 applicants. No one know us, no one mention us !!We have scrificed so much in making sure we meet Australia’s requirements, lodged perfectly good applications to australian immigration office, however our lives have been put on hold an inordinate amount of time. 1 year; 2years; 3years!!! How long do we need to wait?!!. We are planning to lodge a complaint letter together to the greens or immigration office and do everything we can to let the public know our current situation.Share out your story.Thank you very muchT_T :hug:
  14. There is a group of people in Australia who love this country and did a lot of hard work to try to stay. They submitted a valid application when they met all the requirements set by the Department of Immigration. However, many of them have been waiting for a decision of their application for more than 2 years. It is 3 years and even more for some of them. Now this group of people seem to be forgotten: their application will only be assessed when the application of Group 1, 2, and 3 have all been finalized. What does this mean? Basically, the group 1, 2, 3 are having new applications all the time, which means there is no estimated time frame for Group 4 to know when their application will even be assess (not to mention to be approved to become a Australian Permanent Residence). Most of the Group 4 are allowed to work full time while they are waiting. But they never know when or whether they will be accepted after this endless waiting time. Many of Group 4 applicants speak fluent English (IELTS 7 and above). They have many Aussie friends and are used to the life style in this country that they love. Their plan of life can not move forward. They are not sure about their future in Australia. They spent money and time in the country they love, the one they would like to live in for the rest of their lives. But they are suffering during the waiting while the Department of Immigration just not care enough about them to tell them even when a decision will be made. The factor that this is happening in Australia where people all believe in a fair go is heart breaking. Group 4 Applicants are really crying for help. This is not about cutting down immigrations: the reduce of migration plan is doing it as a fact! This is not about stopping the boat: all group 4 applicants have submitted a valid application and met all the requirement set by law under the Australia General Skilled Migration plan. This is not about stealing Australian's job: many of the group applicants are allowed to work and are working already. This is about fairness: simple concept that you might say no when you see people jumping the queue to buy movie tickets. We should stop that. People's application should be assess in due course. Even if priority is necessary, an endless waiting time is just nothing near fairness. So if you do care about this unfair treatment that is going on in Australia, PLEASE support us
  15. QE MOVES FURTHER INTO THE WINGS Quarterly Inflation Report assumes no fresh asset purchase by the Bank of England Mixed signals from the Australian economy After treading water on Monday and Tuesday the pound set off higher on Wednesday. It peaked early this morning, two and a half cents above last Monday morning's level, before dropping back to open in London two cents stronger on the week. A dreary week for economic data added little to the fund of human knowledge. UK industrial and manufacturing production data for September were roughly in line with forecast. The broader industrial production figure (which includes energy and mining as well as manufacturing) rose by 0.4%. Traditionally, a monthly increase of 0.4% is considered acceptable even in good times because it extrapolates to an annual increase of 5%. This time, though, investors seemed underwhelmed by the achievement, probably because it was accompanied by a wider than expected trade deficit. The balance of trade in goods was -£8.2 billion and the overall shortfall was -£4.6 billion, both worse than predicted. There were only a couple more ecostats, all from the private sector. Nationwide's index of consumer confidence faded from 53 to 52, the RICS house price balance hit an 18-month low at -49% and Rightmove's house price index fell by -3.2% in November after strengthening inexplicably by 3.1% in October. The big news for sterling came on Wednesday with the Bank of England's Quarterly Inflation Report (it does what it says on the tin). Ahead of its publication, investors had been suspicious that the Bank would play down its expectations for inflation, so leaving clear its path towards a possible second round of quantitative easing (QE). What they got instead was an admission that "inflation is likely to stay above the 2% target throughout 2011, given the forthcoming rise in VAT and continuing increases in import prices". An "assumption" that "the stock of purchased assets financed by the issuance of central bank reserves remains at £200 billion" apparently kicked QE even further into the long grass. Sterling reacted positively to the report and spent the rest of the week reaping the gains. New Zealand could come up with no more statistics than Britain but at least the two that did appear were interesting and helpful enough. Business NZ's purchasing managers' index improved minutely to 49.7 from 49.5 (itself revised upwards from 49.2). September's retail sales figure was good too, with a 1.6% monthly increase in September after zero growth in August. Motor vehicle sales expanded at exactly the same pace. Australia had slightly more to say for itself on the economic front, though the message was not entirely coherent. The opening shots came with NAB's index of business confidence and Westpac's consumer confidence measure. Both were softer. Business confidence faded by 25% to 8 and consumer confidence fell from 3.3% to -5.3%. Investment and mortgage lending were both higher in September. Investment lending rose by 1.7% after falling by -3.9% a month earlier and home loans were up by 1.3% on the month. Even the apparently strong employment figure had a downside. Another 29.7k people found jobs in October, more than the 20k that analysts had forecast. But the rate of unemployment went up as well, from 5.1% to 5.4%. Taken together, the week's data did not provide an indisputable case for the Reserve Bank of Australia to raise interest rates again at next month's meeting, especially having recently slipped in an unexpected rise. The coming week will deliver some rather more heavyweight statistics, at least for the pound. They will include the consumer price index inflation numbers as well as UK employment, public sector borrowing and retail sales. From Australia there will be little beyond Tuesday's minutes of the last RBA monetary policy meeting. Although sterling looks as well-placed today as it has for several weeks there is no compelling reason to change the currency risk management strategy.
  16. If anyone wants to see some fabulous platform and springboard divers in action - head to the pool at Albert Park in Melbourne this week. All the Commonwealth and Olympic athletes will be in action, along with the rest of the top Australian divers. My daughter is competing in the Platform competition on Saturday, so please come down and cheer her on! Failing that, please send her some good karma vibes :cute: Love Rudi x
  17. Hi all, To those who are planning to send their documents by mail or courier to the Australian Computer Society, please note that the ACS has moved to new premises: ACS address The official notice of this was put up on their website only a few minutes ago, and the new address takes effect from next week onwards. This may be of particular interest to those who plan to use a courier service for delivery to their street/office address. Regards Peter
  18. Villawood detention centre detainees light fires Who is behind this heavy brainwashing? I asked a number of locals and they had no idea about that disaster in immigration process for honest people whom can be a benefit to Australia. Why is so much attention on boat people? Is it to cover GSM?
  19. Guest

    Australian Quiz.

    Hi Folks. Bloody miserable here at the moment, so thought I would stick this quiz up, serious, funny, whatever you want to do with it, just might pass the bloody time as we are stuck in as it is chucking it down here in sunny Hertfordshire. No prizes for the correct answers peeps, and google as much as you want.:biglaugh: Who said, 'Such Is Life' Who said, '5 nil, whitewash, again.' Who said, 'Naa, this IS a knife'. What is the true meaning of 'Waltzing Matilda'. What do the four XXXX's mean on the tinnies/stubbies from the Castlemaine brewery? What is Australia's only poisonous mammal? Australia is famous for having one section of rail track that has no bends in it, where is it, and how long is the stretch of rail? Name the one species of Bear in Australia!!! How many states and territories in Australia? What is the 'original' name of Australia? What is Australia biggest natural structure made by a 'living' organism? What is Damper? How many seas and oceans is Australia surrounded by? What do you call a Boomerang that doesn't come back? Australia has the most venomous snake in the world, yet funnily enough no fatalities have been recorded from its bite, what is the snakes name? How many times larger is Australia than the UK? What is Australia's capital city? Australia was once targeted and bombed (war) by a foreign nation, who was it? Tasmania's 'unofficial' name is? One of the highest sea tides in the world occurs in Australia, where is it? Who first invented the 'Pavlova', :shocked::policeman: What do you call someone who can't play the Didgeridoo? When did the 'White Only' policy in Australia come to an end? The Emu and Kangaroo is on the Aussie coat of arms, but there is another 'living' species on it, what is it? What is the longest river in Australia? What is significance about the 26th January every year in Australia? How many of the present population in Australia can trace their kith and kin directly to a convict, is it 10%, 20%, 30%, 40%, 50%, (approx.) or higher? On August 17th, 1980 the worlds media attention was turned on Australia, why? The 'Ten Pound Pom' scheme was extended for a year and went up to £20 in that year, what year did this occur? One of Australians prime ministers once caused uproar (in some circles) by doing what to the Queen?:shocked: How many species of Kangaroo inhabit Australia? How many migrants from the UK presently inhabit Australia? PS. There are one or two 'trick' questions in the list.:cool: Cheers Tony.:wink:
  20. JuliePaul

    Australian Tax Return

    Hi there Was just wondering if anyone can shed any light on how the tax system works in Australia, i've had a look on the ATO website but keep going round in circles!! :wacko: Does your employer take tax off your weekly/monthly pay..? if so, at what rate? Also, in the majority of cases do you end up having to pay more tax to the ATO at the end of the year or are you more likely to get a refund..? (obviously each individual will be different). Thanx in advance Juls x x
  21. hi, i'm just wondering if this will affect my visa in any way. My visa got approved (subclass 176 under Victoria) last year and i already did my first entry early this year. However, i'm looking at applying citizenship in another country before I permanently move to australia.. because i only plan to do so maybe in 2-3 yrs time from now. Would this have any effect to my VISA? because i know i have to inform the oz government if i have any status changes.. is there any chance the government will revoke my VISA? any adivse would be appreciated. thanks!
  22. Makes an interesting read: ABC news: Population boom inescapable: report - ABC News (Australian Broadcasting Corporation) Quoting - "strong population growth is "probably inescapable" and even the figure of 36 million is only achievable by factoring a significant reduction in migrant intake." Sydney Morning Herald: Population boom inevitable, PM told Quoting - "even if annual net migration was lowered to an unrealistically low 60,000 per annum, Australia's population would still reach 29 million by 2050."
  23. Afternoon peeps, so in the light of the new points test which along with all the other changes seems complete and utter bulls%$t to me and i am totally p*&%ed off with it all, mighty ol oz who clearly is the be all and end all and ultimately so great they think they can simply mess with good honest peoples lives. i have just had a look at the canadian govs immigration pages and they actually want international students there! they have a class of visa whereby after qualifying you complete one years work exp and automatically can apply for PR! with all the new changes in oz the horrific exchange rates i cant honestly see the aussie education sector sustaining its $15billion turnover every year, well done Mr Evans youve committed yet another monumental cockup! I agree whole heartedly that the shambolic colleges should have been better managed but now because you and the previous gov took your eye off the ball the majority will suffer for the minority:mad: canada believes that students bring culture and experience to their country and that after studying 2/3 years are well placed to fit into the canadian communities so reward that with pr. I understand that nurses and IT folk and construction managers are well qualified professionals and obviously needed, but you cant tell me that in your growing society (who is apparently becoming a super power and to keep that going you will need to continue your population growth) you dont need painters and decorators to paint the new houses that will need to be built, or welfare officers to deal with all the community issues you will suffer from or cooks to feed the kids in the schools you will have to provide???????????????????????????? my god man open your eyes and smell the bloody coffee aarrrggghhhhhh there are other countries in the world that are just as attractive as yours and this whole "we want to pick the most qualified and brightest immigrants" crap is exactly that CRAP! you think that just because someone has had 3 years to sit and complete a phd that makes them any more "brighter" than pete the painter??? we all have different qualities and can offer something to your australian community otherwise we wouldnt all be interested in applying but my god to make it this difficult is an understatement. So with that, after all smps are released and theres full clarification on the points test malarky you watch all the thousands of potential migrants turn their back on you and your wonderful country for pastures new, fairer, and more appreciative! sorry everyone rant over im away to check out pics of canada! Kel:wubclub:
  24. RENEWED BANK OF ENGLAND QE NOW LESS LIKELY Better than expected UK purchasing managers' indices reduce the pressure for more easing RBA delivers a surprise interest rate increase A two and a half cent decline for sterling on Tuesday was rectified by the end of the following day. It was a different story on Thursday morning when the pound dropped the same two and a half cents and stayed down. The pound's low came just before London opened this morning, completing a five-cent range for the week. There was plenty to keep investors focused on sterling. Most notable were the purchasing managers' indices (PMIs) for the manufacturing, construction and services sectors. October's manufacturing PMI, printed on Monday, was the first positive surprise. Having been expected to be flat or slightly down on the month it in fact came in a point and a half higher at 54.9. Wednesday's services PMI was not quite so impressive, half a point higher at 53.2, but it, too, exceeded market expectations. The fly in the ointment was a two-point fall for the construction PMI, which temporarily took the shine off sterling on Tuesday. Those figures, together with an equally surprising 1.8% monthly rise for the Halifax house price index, set the scene for a predictable verdict when the Monetary Policy Committee came to its decision on Thursday. There was no chance of a change to interest rates but there had been a long-odds possibility that the committee might go for another round of quantitative easing (QE). In the event, the previous week's punchy figure for third quarter growth, together with last week's positive PMIs and above-target inflation, made it difficult to argue convincingly for a more relaxed monetary policy. The Aussie dollar's first boost came with Tuesday's UK construction PMI. Although it is not normally a market-moving figure, circumstances were slightly different this time. Monday's strong manufacturing PMI had led investors to expect a similarly bullish construction number. When they did not get one they sold the pound. The second leg-up for the Aussie was entirely home-spun. Two weeks ago the official Australian figures showed inflation falling from 3.1% to 2.7% instead of the predicted 2.9%. Most economists believed the lower figure would remove the need for the Reserve Bank of Australia to adjust its Cash Rate this month. It obviously didn't: The RBA raised its policy interest rate from 4.5% to 4.75%, sending the Aussie a cent higher against the US dollar and an immediate cent and a half up against the pound. In its statement the RBA "assumes some tightening in monetary policy", presumably beyond current levels. Although it had nothing to do with sterling, the other highlight of the AUD's week came when it broke through US$1 on the way higher. After flirting with "parity" with the USD the Australian dollar went for the big push on Thursday morning. It has spent the time between then and now digging-in in its new position. Wednesday's publication of the Bank of England's Quarterly Inflation Report will be the highlight for sterling. If the Bank ups its inflation forecast, which it might well do with a VAT increase less than two months away, it could finally put to bed the idea of renewed QE for Britain and set the scene for higher interest rates next year. Earlier in the day, Australia's employment change is expected to less than half as strong as last month's 49.5k increase.
  25. Hi Just wandered if anyone else has used Australian Migration Associates in Manchester....I have had an initial telephone call with Shirley and was very impressed she was incredibly helpful and informative and had a lot of useful information and advice. Would be interested to hear from anyone else, having spent hours looking through the forums and assesing our particular situation we have decided it would be better for us to use an agent to help us sort everything out. ( peace of mind hopefully ) I have seen a lot of names come up in posts but not AMA so was just curious. Any views views or experiences greatly welcomed....... Many Thanks Mike and Claire
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