Moving to Perth soon and starting to brick it!

[paul1977]

I dont understand either the UK or Australia thinking its better to cut kids education and hospital staff in favour of building projects etc. never got that.

Because they get revenue from buildings..

[Paul1Perth]

P

WA is 28 billion in debt.. Not been in recession .... And had a 10 year boom.. Well done WA government..

 

As usual you exaggerate.

 

WA's debt is predicted to rise to $22 billion over the 2013/14 financial year but it will be more than $28 billion by the 2016/17 financial year.

 

 

 

So we are nowhere near 28 billion in debt yet and there is a chance that they will turn it round. Who knows if the US keep their fiscal stimulus ($8 Billion a month) then the price of gold might rise to $400+ an ounce. I wouldn't like to guess 6 months down the track, let alone 3 or 4 years.

[paul1977]

Oh sorry 22 billion ... For a state with only 2 or so million in... No recession, and a boom ..!

[Paul1Perth]

Oh sorry 22 billion ... For a state with only 2 or so million in... No recession, and a boom ..!

 

Glad you noticed the good things though.

[flag of convenience]

The stats don't back up what you say, maybe your right about the houses, but inflation in both countries have gone up similarly in both the UK and Austalia over the last 5 years, but in that same period average wages have gone down in the UK, but have gone up by about 20% in Australia.

 

Reason being Britain is a low wage paying society. Some five million I believe the figure stands at, live below the poverty line. It has been policy for a long time to bring conditions down in order to attempt to make the country competitive.

Low wages attract low skills so in my mind definitely the wrong way to go.

 

Australia is emerging from the biggest boom in perhaps its history. You don't seriously compare the two countries with such different scenario's? Same as wrong to believe the boom will not end and cost cutting will not be a feature of that.

 

There was a period in the 90's UK pay rates were better than Australia, which remains in certain areas. Don't imagine things will stay as they are as a lot of things are changing in Australia.

 

A lot of Aussies especially younger, despair at ever being able to own their own house. Many with skills especially of the more intellectual kind consider the prospect of leaving and setting up elsewhere.

Australia has for long been a country sending emigrants abroad. It is far from a one way track.

[flag of convenience]

P

WA is 28 billion in debt.. Not been in recession .... And had a 10 year boom.. Well done WA government..

 

Wrong. WA's debt has increased from $3.6 billion in 08 to a bit over $18 billion, but is rising substantially. Money has been wasted by all parties on all levels, be in state or federal. Saying that WA needed infrastructure. Perth being the capital city of the richest state in the country looked very mediocre prior to getting a scrub up due to recent developments.

[flag of convenience]

To be fair it was nothing to do with rising unemployment, it was never mentioned, the reasons given were political will of the Barnett government to actually stick to their budget.

 

I'm a big football fan, love the game but would gladly put up with a few thousand being spent on subi to tart it up and do without Elizabeth Quay, or even just scale it back a lot. If the government is running into problems they would be the two places where millions, could be saved in one hit. If that means more money for police, teachers, nurses then we would have to wear it.

 

It's not like we don't have some spectacular River frontage all the way down Riverside Drive already without creating more. They could just improve Riverside Drive and South Perth. Whack a few restaurants, bars and hotels along there and forget Elizabeth Quay.

 

The stadium wouldn't be too bad on it's own but all the other infrastructure that's needed, new bridges, more parking, roads, most of which will benefit the Casino, is just too much.

 

It's like a household getting by OK having a serviceable commodore and deciding to go and buy a Ferrari.

 

If WA doesn't use the windfall from a once in a lifetime mining boom it will never happen. Perth was becoming more akin to a branch office prior to the 03 boom. A bit of debt is fine that what governments do. Build infrastructure. Build social capital. Things that will be visible when the boom is long over.

 

A city and state is not really akin to a household nor the budget or responsibilities of the limited means at the disposal of a household.

[flag of convenience]

I dont understand either the UK or Australia thinking its better to cut kids education and hospital staff in favour of building projects etc. never got that.

 

I think you will find a lot of areas open for cuts in the future. It's more a question of how they can sell the cuts or disguise them to appear to be something else.

[flag of convenience]

As usual you exaggerate.

 

 

 

So we are nowhere near 28 billion in debt yet and there is a chance that they will turn it round. Who knows if the US keep their fiscal stimulus ($8 Billion a month) then the price of gold might rise to $400+ an ounce. I wouldn't like to guess 6 months down the track, let alone 3 or 4 years.

 

Too many probabilities there. A successful economy needs to know where it is going. Not just to be dependant on outside influences and markets.

[Paul1Perth]

Reason being Britain is a low wage paying society. Some five million I believe the figure stands at, live below the poverty line. It has been policy for a long time to bring conditions down in order to attempt to make the country competitive.

Low wages attract low skills so in my mind definitely the wrong way to go.

 

Australia is emerging from the biggest boom in perhaps its history. You don't seriously compare the two countries with such different scenario's? Same as wrong to believe the boom will not end and cost cutting will not be a feature of that.

 

There was a period in the 90's UK pay rates were better than Australia, which remains in certain areas. Don't imagine things will stay as they are as a lot of things are changing in Australia.

 

A lot of Aussies especially younger, despair at ever being able to own their own house. Many with skills especially of the more intellectual kind consider the prospect of leaving and setting up elsewhere.

Australia has for long been a country sending emigrants abroad. It is far from a one way track.

 

The two countries get compared every day, in just about every post.

[Paul1Perth]

If WA doesn't use the windfall from a once in a lifetime mining boom it will never happen. Perth was becoming more akin to a branch office prior to the 03 boom. A bit of debt is fine that what governments do. Build infrastructure. Build social capital. Things that will be visible when the boom is long over.

 

A city and state is not really akin to a household nor the budget or responsibilities of the limited means at the disposal of a household.

 

Problem is though it sounds like the windfall has already been used. The entertainment centre and freeway extension couldn't have been that much over budget could they?

[Paul1Perth]

Too many probabilities there. A successful economy needs to know where it is going. Not just to be dependant on outside influences and markets.

 

Way of the world unfortunately. Ben Bernanke decides to carry on with the fiscal stimulus and our dollar goes up by 4c. Ruining the affects of the interest rate cuts by our central bank. Every economy in the world is affected by outside influences. Problem is made even worse by the computer programs that are controlling stock markets, exchange rates, and just about everything else. Manual intervention and common sense were taken out of the loop years ago as people thought it was too risky.

[flag of convenience]

The two countries get compared every day, in just about every post.

 

As you may expect. What point of reference do most have on here, but to compare the two considering the nature of the Forum?

[flag of convenience]

Way of the world unfortunately. Ben Bernanke decides to carry on with the fiscal stimulus and our dollar goes up by 4c. Ruining the affects of the interest rate cuts by our central bank. Every economy in the world is affected by outside influences. Problem is made even worse by the computer programs that are controlling stock markets, exchange rates, and just about everything else. Manual intervention and common sense were taken out of the loop years ago as people thought it was too risky.

 

Resource dependant countries are always victims of external influences. Agree with exchange controls. Malaysia took to task on this some years back, they were told the country wouldn't survive almost, not only did they survive they prospered.

[flag of convenience]

Problem is though it sounds like the windfall has already been used. The entertainment centre and freeway extension couldn't have been that much over budget could they?

 

The City infrastructure over the past few years I expect would have chewed a lot up. I'd like to view the costings to date on projects and where the money was spent.

It is a shame there is no national future fund, but I'm more for than against the need to pull Perth up to capital city level and that comes at a cost. Like I say though. It will not get cheaper.

[Guest The Ropey HOFF]

Reason being Britain is a low wage paying society. Some five million I believe the figure stands at, live below the poverty line. It has been policy for a long time to bring conditions down in order to attempt to make the country competitive.

Low wages attract low skills so in my mind definitely the wrong way to go.

 

Australia is emerging from the biggest boom in perhaps its history. You don't seriously compare the two countries with such different scenario's? Same as wrong to believe the boom will not end and cost cutting will not be a feature of that.

 

There was a period in the 90's UK pay rates were better than Australia, which remains in certain areas. Don't imagine things will stay as they are as a lot of things are changing in Australia.

 

A lot of Aussies especially younger, despair at ever being able to own their own house. Many with skills especially of the more intellectual kind consider the prospect of leaving and setting up elsewhere.

Australia has for long been a country sending emigrants abroad. It is far from a one way track.

 

 

It was yourself who was comparing the two countries cost of living, all I was doing was pointing out that average wages have gone up over 20% more in Australia, in the last 5 years compared to the UK, my reply was directly answering what you said. Your comment about young Aussies not being able to afford a house, it's been like that in the UK for a lot of years now, the problem with people who have lived abroad for any length of time is that they don't realise just how bad things are in the UK on the work front, most new jobs are part time paying less than £8 per hour, no pension pot to retire on, just the state pension at 68. Millions upon millions haven't had a pay rise in 5 years, yes I know it's because the UK has been struggling, but the facts are, in Australia wages have gone up for, the police, nurses, prison officers, teachers, council workers, builders, joiners, I can go on and on, but all these workers in the UK haven't had a rise in 5 years. I'm not saying it's great over in Australia, but I can assure you, things aren't great at all in the UK, for a huge chunk of the workforce. Personally, unless I can secure a job in Australia, I won't go, especially with my wife's medical problems, I know people still risk going to Australia without securing a job first, well good luck to them, they know it's harder to get a job there now and they sure are brave folk, but if they are struggling in the UK like millions are, then they personally might see it as a risk worth taking.

[paul1977]

It was yourself who was comparing the two countries cost of living, all I was doing was pointing out that average wages have gone up over 20% more in Australia, in the last 5 years compared to the UK, my reply was directly answering what you said. Your comment about young Aussies not being able to afford a house, it's been like that in the UK for a lot of years now, the problem with people who have lived abroad for any length of time is that they don't realise just how bad things are in the UK on the work front, most new jobs are part time paying less than £8 per hour, no pension pot to retire on, just the state pension at 68. Millions upon millions haven't had a pay rise in 5 years, yes I know it's because the UK has been struggling, but the facts are, in Australia wages have gone up for, the police, nurses, prison officers, teachers, council workers, builders, joiners, I can go on and on, but all these workers in the UK haven't had a rise in 5 years. I'm not saying it's great over in Australia, but I can assure you, things aren't great at all in the UK, for a huge chunk of the workforce. Personally, unless I can secure a job in Australia, I won't go, especially with my wife's medical problems, I know people still risk going to Australia without securing a job first, well good luck to them, they know it's harder to get a job there now and they sure are brave folk, but if they are struggling in the UK like millions are, then they personally might see it as a risk worth taking.

You do love a pay rise post...! You've been in recession, your old enough to understand you don't get pay rises in them. Your start getting them soon , as you deserve one

[Guest The Ropey HOFF]

Nope' No pay rise for me and millions of others for years to come. This government are imposing a 1% lump sum payment each year, which doesn't go on our wages, so our wage never increases and this means we get far less pension when we eventually retire, unless Labour get in and reverse it, which is unlikely because they are just like the Tories to me.

[colinmaclec]

That's because the public sector are overpaid and overstaffed under the labour government but don't worry the same problem has now arrived in Australia.

[WeegieDave]

That's because the public sector are overpaid and overstaffed under the labour government but don't worry the same problem has now arrived in Australia.

 

Soon to be corrected in Aus no doubt!

[colinmaclec]

Soon to be corrected in Aus no doubt!

 

Sure is Australia today reminds me of the UK about 6 years ago.

[WeegieDave]

Sure is Australia today reminds me of the UK about 6 years ago.

 

I know what you are saying although I really can't see things slumping here like they did back in the UK in 2008.

[colinmaclec]

It wont be as bad due to the fact WA actually has something to export. But the warning signs are there low interest rates, schools cut, Credit rating downgraded and there are still people pouring in to WA daily thinking well paid jobs await all those who are willing.

[WeegieDave]

It wont be as bad due to the fact WA actually has something to export. But the warning signs are there low interest rates, schools cut, Credit rating downgraded and there are still people pouring in to WA daily thinking well paid jobs await all those who are willing.

 

Yeah.. I wouldn't fancy being a newbie flying in now and trying to secure a job.. It will defo be tougher than a couple of years back although my company is working around the clock to get tenders out the door for projects.. We are very busy just now...

[paul1977]

Nope' No pay rise for me and millions of others for years to come. This government are imposing a 1% lump sum payment each year, which doesn't go on our wages, so our wage never increases and this means we get far less pension when we eventually retire, unless Labour get in and reverse it, which is unlikely because they are just like the Tories to me.

Use your visa then .!!