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Found 6 results

  1. Hi, I have skill assessment in Electronic Engineer. I am going to apply state sponsorship from South Australia. I have query on showing Fund. 1. Can I include my Spouse Bank Saving ? Do I need to fill up any additional form. 2. Can I include my parent's asset though I am not am internation student. BR, Morshed
  2. Hi I am filling online form and found “Net Value of property/properties” is required, I have everything in cash and that is in my bank account, wht should I mention in property?
  3. Guest

    Need Help on Asset Declarations

    Hi I am filling online form and found “Net Value of property/properties” is required, I have everything in cash and that is in my bank account, wht should I mention in property?
  4. From the Economist: Once again, cheap money is driving up asset prices. THE opening of the Burj Khalifa, the world’s tallest building, in Dubai on January 4th had symbolic as well as architectural significance. Skyscrapers have long been associated with the ends of financial booms. In housing, a measure based on rents shows that American prices are back to fair value but prices in Britain, France, Spain and Australia are all 30-50% above their historic averages. Low mortgage rates (and government schemes to head off foreclosures) have stopped prices falling to the lows of previous downturns. That said, although prices remain higher than average, private investors have shown little of the enthusiasm they exhibited in past bubbles. Activity in the housing market is subdued. Investors withdrew $36 billion from developed-market equity funds in the course of 2009, according to EPFR Global, a data group. From the ABC: Drowning in Debt In all the self-congratulations over how Australia has managed to sidestep the GFC, an inconvenient truth has been overlooked: the crisis was caused by too much debt, and Australian households have had a stronger love affair with debt than even the Americans. As of the latest RBA figures, Australian households now owe the equivalent of an entire year's GDP - three per cent more than Americans ever owed. We grew our debt pile much faster than Americans did. We are continuing to go deeper into debt, while American households have started to reduce theirs. And in one of the great travesties of our GFC sidestep, the most recent growth in household debt has been deliberately engineered by government policy. This may suggest that if you are patient, and take into account plunging student numbers (especially re.Indian students in Melbourne, and even further by mid year)), rental and property markets should cool?
  5. Hi all, I am preparing my application for ACT State Sponsorship. I need to ask about the financial asset evidence. Should I send a bank statement showing my assets and transactions made during past three months? or they need something else? In addition, my bank account is not an AUD currency account. Does it matter? Do they need to show assets in AUD? or my local currency account is enough? regards, Waqas
  6. Hi all, My family and I move to W.A. in Jan 2010 We are currently filling in our 47Es form which asks what money and assets we are bringing. Basically we arent!!! We are starting from scratch but are worried that we are expected to bring lots of money and will be penalised for putting nil £1,500 on form. We do have a house in England which we are renting out, but can we put its value on the visa form even though we are not bringing it with us? Does anybody know how what minimum amount of money we are expected to bring with us? My wife has a job in Australia to come to and the visa is a RSMS visa 119. Thanks Dave T