Barry1986 Posted June 24, 2016 Share Posted June 24, 2016 How does Brexit affect my move to Australia?? Will it affect it in anyway? Or not much at all?? just after people's views on this matter. Quote Link to comment Share on other sites More sharing options...
amibovered Posted June 24, 2016 Share Posted June 24, 2016 How does Brexit affect my move to Australia?? Will it affect it in anyway? Or not much at all??just after people's views on this matter. Can't see how it will affect you. Quote Link to comment Share on other sites More sharing options...
Backtoback Posted June 24, 2016 Share Posted June 24, 2016 Well I for one am a bit worried for my finances! Seeing as the pound is worthless, my ability to buy property when I move over has seriously diminished. Quote Link to comment Share on other sites More sharing options...
amibovered Posted June 24, 2016 Share Posted June 24, 2016 Well I for one am a bit worried for my finances! Seeing as the pound is worthless, my ability to buy property when I move over has seriously diminished. the pound has lost about 5% against the Aussie, hardly worthless. Quote Link to comment Share on other sites More sharing options...
Backtoback Posted June 24, 2016 Share Posted June 24, 2016 the pound has lost about 5% against the Aussie, hardly worthless. Well all I can say is, I hope it doesn't get worse. Quote Link to comment Share on other sites More sharing options...
amibovered Posted June 24, 2016 Share Posted June 24, 2016 Well all I can say is, I hope it doesn't get worse. Me too. Quote Link to comment Share on other sites More sharing options...
Barry1986 Posted June 24, 2016 Author Share Posted June 24, 2016 One more reason to make the move to Australia, boris Johnson will most likely be the next PM by October. Aaaaaaaaaaaaaaahhhhhhhhhhhhhh Quote Link to comment Share on other sites More sharing options...
Backtoback Posted June 24, 2016 Share Posted June 24, 2016 One more reason to make the move to Australia, boris Johnson will most likely be the next PM by October. Aaaaaaaaaaaaaaahhhhhhhhhhhhhh I wouldn't get too excited with Pauline Hanson on the rise Quote Link to comment Share on other sites More sharing options...
Skani Posted June 24, 2016 Share Posted June 24, 2016 How does Brexit affect my move to Australia?? Will it affect it in anyway? Or not much at all??just after people's views on this matter. I can't see how it will affect it in any way apart from currency fluctuations caused by the current jitters and hysterics. I don't know when you are moving but, as long as it's not tomorrow, all sorts of other things could be affecting currency by the time of your move. Quote Link to comment Share on other sites More sharing options...
VERYSTORMY Posted June 24, 2016 Share Posted June 24, 2016 Shares have recovered nearly half the initial loss and pound back up to where it was earlier this year. So, don't panic. In about 2-3 weeks, everyone will have forgotten about it as it is going to take years of going on as normal for anything to start to happen. Quote Link to comment Share on other sites More sharing options...
Johndoe Posted June 24, 2016 Share Posted June 24, 2016 I wouldn't get too excited with Pauline Hanson on the rise On the rise??????? You must be joking! Quote Link to comment Share on other sites More sharing options...
stevegallagher Posted June 24, 2016 Share Posted June 24, 2016 I think those who have secured a Visa should be alright however I expect the number of people looking to apply for overseas visas, Australia included will increase dramatically. Quote Link to comment Share on other sites More sharing options...
samjwilli Posted June 24, 2016 Share Posted June 24, 2016 We leave in 9 days I transferred £10k before the £ decreased in our Aussie bank account. I'm not concerned, I've got more money in the bank in the UK for when the £ strengthens again for a better exchange rate. Quote Link to comment Share on other sites More sharing options...
Pommie Posted June 24, 2016 Share Posted June 24, 2016 How does Brexit affect my move to Australia?? Will it affect it in anyway? Or not much at all??just after people's views on this matter. You will get a lot less Dollars for your GBP...!!! Quote Link to comment Share on other sites More sharing options...
Roberta2 Posted June 25, 2016 Share Posted June 25, 2016 Good question. I am hoping the fallout will propel my son and family back here! Depends on how far advanced your plans are and what your circumstances are. Whether you intend to sell a house in the UK and buy in Oz etc etc. Whatever the result of our federal elections on 2 July, I don't see it affecting you much. Brexit has made it more likely that Turnbull will win, although no one can predict the Senate result. But both major parties agree on immigration. Labor, if elected, would be more likely to restrict 457 visas. I would expect that it (Brexit) has suddenly become a major issue for the millions of Brits who have retired, settled down etc in EU countries. Presumably before long they will be foreigners. I do expect that there will be increased numbers of young Brits who will now want to emigrate and leave Blighty behind them. Britain's loss and our gain. Quote Link to comment Share on other sites More sharing options...
Roberta2 Posted June 25, 2016 Share Posted June 25, 2016 why? There is a flight to safety, especially to the Greenback. But we are talking about crossrates. Both the pound and the Oz dollar fell heavily against the Greenback yesterday, with the pound falling more heavily. Australians reportedly clamouring to buy pounds today. But it is all very unpredictable. Australian trade with Britain is now less than 3% of total trade. But of course we are a small, open trading economy and highly vulnerable to global turmoil, not least because of our heavy dependence on China. As ever, the exchange rate will depend on the judgement of the money markets. All that can be predicted is that there will be a high level of volatility. Quote Link to comment Share on other sites More sharing options...
Roberta2 Posted June 25, 2016 Share Posted June 25, 2016 Hanson - not a joke at all. She has a good chance of getting a Senate seat in Queensland in a double dissolution federal election. About 4% of the vote might be enough to get her a quota. Even worse, she could end up holding the balance of power in the Senate. Queensland is a very rural state - five times the population of Victoria. Has a long history of populism and nativism. (The very sentiments that fuelled Brexit, no?) Quote Link to comment Share on other sites More sharing options...
MaggieMay24 Posted June 25, 2016 Share Posted June 25, 2016 As far as the Australian immigration process is concerned, it would have no impact at all. If you are concerned about finances, there is a finance section of this forum where there may be more applicable discussion. Quote Link to comment Share on other sites More sharing options...
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