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Found 36 results

  1. Australian demographer Peter McDonald has warned Prime Minister Kevin Rudd that succumbing to pressure to reduce the levels of immigration would counteract his measures to boost the economy in the long-term. According to The Australian, the Professor claims knee-jerk reactions to the rising unemployment levels would not benefit the economy in the long-term, as it would eventually come to rely upon younger skilled workers emigrating to Australia to support an ageing population. Rudd warned to resist pressure to cut back Australian migration
  2. We yet have no where to live when we get to melbourne and are planning on going end of April/landing begin of May. After looking into renting properties it suddenly occured to me if it might be a cheaper option to hire a camper and sleep in that, killing 2 bireds with one stone as we wud need some wheels to get about and look at places anyway. Has anyone else done this, or am I just being stupid!!?lol! We have a 9 month old baby so obviously camper wud have to also be suitable for her!
  3. Herald Sun Poll Poll Popup | Herald Sun
  4. For thos folk who will be buying a house when they come to oz some good news.. RBA cuts rates by 100 basis points to 4.25% The Reserve Bank of Australia (RBA) has cut the official cash rate by 100 basis points to 4.25 per cent, in its last rate decision for the year, in another aggressive move to stoke confidence and boost the economy in the face of a global slowdown. The RBA, which will not meet again until February, has cut interest rates by 200 basis points in the last three months. In an immediate response in parliament, Treasurer Wayne Swan said the cut represented "very substantial relief" to families and businesses and he said the Commonwealth Bank of Australia had decided to pass on the rate cut in full. Mr Swan called on other retail banks to pass on as much of the lower rates as possible to consumers. RBA governor Glenn Stevens said sentiment in financial markets remained fragile, even though action taken by government and central banks around the world to stabilise their financial systems had begun to take effect. "There has now been a major easing in monetary policy over the past few months," Mr Stevens said in a statement. "Together with the spending measures announced by the government, and a large fall in the Australian dollar exchange rate, significant policy stimulus will be supporting demand over the year ahead. "The board will continue to monitor developments and make adjustments as needed to promote sustainable growth consistent with achieving the 2–3 per cent inflation target over time." Yesterday, an unofficial inflation measure, the TD-Securities-Melbourne Institute inflation gauge, showed a fall of 0.6 per cent in the month of November, the biggest monthly drop since the series began in August 2002. The inflation gauge recorded an annual growth pace of three per cent in November, down from October's 3.9 per cent level. However, monthly retail sales figures released today showed a bigger than expected rise of 0.2 per cent in October, against market expectations of a 0.1 per cent increase. Overnight, US Federal Reserve chairman Ben Bernanke presented a grim assessment of the US economy, the National Bureau of Economic Research said the US economy had been in recession since December 2007, and new data showed the US manufacturing sector was in the worst shape since the early 1980s. Gross domestic product (GDP) data due out on Wednesday is expected to show the Australian economy grew about 0.2 per cent in the September quarter, and by 1.9 per cent, annually.
  5. thought some of you might find this useful a bbc web page with a list of major lenders and if they are passing on the interest rate cut BBC NEWS | Business | UK's mortgage market in graphics
  6. Recieved email today from the casework manager, stating that the Australian government is to review the no of skilled migrants from july 2009-2010,however the opposition party in Australia are calling for immediate cut by 50,000 skilled migrants now!! They then say we are advising that you pursue as quick a visa lodgement as soon as possible, in order to avoid any potential delays to your migration that could be caused by DIAC. an official notification of whether any migration cuts will be made by DIAC in november. ( so she went on to advise that we fill in all forms ready to go as soon as practicle is hopefully passed so it can be lodged!!)
  7. Listining to the radio all day today they were saying that because of the brain drain out of Oz they might even increase the quota of skilled workers coming in to Oz, do not worry folks they always mention this now and again over here to please the folk who want a curb on immigration, if they do but a slight bloke on it it will be workers from asia that will suffer as the Aussies are gettig slightly worried at the huge amount coming in.
  8. AUSTRALIA'S migration intake must be immediately slashed by one quarter to help cope with the global financial crisis and relieve pressure on cities and the environment, says the Federal Opposition. Australian Opposition: cut migration to deal with financial crisis Not as bad as headline makes out and does highlight issue everyone understands, i.e. targetting need. There are skill shortages, especially in regions, no matter what, desperate for people.....but they seem unable (or unwilling*) to communicate internationally what these exact needs are.... *Unwilling is due to politics of migration e.g. no one in Australia is allowed to discuss or advise on migration unless MARA, very "Orwellian" Further, with ageing demographic which will require continuing migration, Oz has image of country that (still) needs people but does not actually want them......fear of the "foreigner"...so get used to more headlines about Oz national sport, criticising foreigners.....
  9. The Pom Queen

    Interest Rate Cut by 1%

    At long last, let's hope the banks pass on the full benefit although I doubt it. Westpac have agreed to 80bp.:jiggy:
  10. Guest

    Yorkies Knob cut off

    just heard on the news yorkies knob has been cut off
  11. Guest

    Just Had Our First Power Cut

    :arghh: For 2 hours it was 35 Degree today with no air con it was GREAT NOT :wacko: The neighbour told Billy this happens when it gets too warm THEY cut the power is this true!!!!! If it is true then why dont they cut the power during the day & not at night when you have to scramble about for the candles :biglaugh: Janette