Why oz still suffer from trade deficit??Originally posted by kramnave:coal, iron ore, gold etc etc
...After all, AustraliaÂ’s current account has been in deficit for 16 years. The economy hasnÂ’t had a recession for 16 years. WhatÂ’s so bad about the whole thing?2.I would rather stick to SG with thousand of billions of reserve
WhatÂ’s bad is that Australia is accumulating a large debt to foreigners. In the stock market, foreigners own an increasingly large share of the income of Australian companies. Those booming profits donÂ’t stay on-shore. And what about debt?...
Well, not interested in moving there, not in the near future at least. Was just pointing out why they can do more for their citizens as opposed to us blah blah. Certainly not encouraging anybody to migrate there. People need to go there and live for few years then know.Originally posted by lionnoisy:every country has good and bad.
Look for long term!choose the right way for your next generation.
Good luck!
Interest rate is a 2 edges sword!!
you mean you will be glad to be classified under jobs with wages boosted by minimum wage law in a country with racial discrimination? Are you sure with your talent, you are willing to work as a waiter in a foreign country just because of the minimum wage?Originally posted by maurizio13:Income taxes 15% more, but salaries are 3 times more for low wage workers.
I don't mind going if they accept me.
Across Australia there is a growing teacher shortage.--www.aeufederal.org.au,Australian Education Union
Unless this issue is
addressed now with a comprehensive and national
approach, we will have
more classrooms without teachers and a decline in
the standard of the teaching profession. The solution of
looking overseas to recruit is no longer possible
as the shortage is a worldwide problem...
With the average age of the teachers across the
nation now at 49, we have the most qualified,
experienced and committed teaching force in our history.
However, a huge proportion of these teachers will retire in the next ten years.
Its true. Higher wages but higher tax and expenditure. There is of course some offset for everything. Thing is in every city everybody has their own set of problems thus as eagle has said no point comparing. Its not like suddenly you go somewhere you become rich or will be comparatively better off. No Utopia. It really depends on individual circumstances whether or not one becomes better off financially. That said, of course there are some things one cannot get in Singapore and can get overseas and vice-versa. Just a general statement from me, not directing this at anybody.Originally posted by lionnoisy:i heard in Aussie city,u need A$2--3 and 8--10 for a coffee and a
dish of rice?Is it true?
Originally posted by lionnoisy:i heard in Aussie city,u need A$2--3 and 8--10 for a coffee and a
dish of rice?Is it true?
Germany would be under Euro Zone.Originally posted by eagle:I was looking and looking for germany, then I saw E jump to H
oh ya hor... thanks!Originally posted by maurizio13:Germany would be under Euro Zone.
Big Macs are bigger there. Their labour costs are higher, then again we import our beef and our land costs are higher, have to pay for chilli sauce there blah blah blah.Originally posted by eagle:I was looking and looking for germany, then I saw E jump to H
Hmmm
Aus 2.67 dollars
SG 2.34 dollars
Aussie's things are about 14% more expensive than in Singapore.
wages of cashier in Singapore are about $1132 a monthOriginally posted by maurizio13:
Money isn't everything really.Originally posted by fishbuff:put the tax and money aside, ask oneself, are you happy where you are?
u can be happy in sg but miserable in oz and vice versa.
so dont focus too much on number crunching and plan based on finance alone.
Huh?Originally posted by kramnave:The big mac index is also flawed for comparison lah.
Realistically speaking, food prices when you eat out is really much more expensive than Singapore. However, more often than not the serving is much bigger. Then again, there is no point giving me more food as there is only so much i can consume.
Best way to compare is to go there and try lah.
There is just one big flaw in your understanding and calculation.Originally posted by eagle:Btw,
wages of cashier in Singapore are about $1132 a month
http://www.mom.gov.sg/publish/etc/medialib/mom_library/mrsd/files.Par.81257.File.tmp/2005Wages_OWS_highlightsandfindings.pdf
Compare with Aussie's
Check out operators and cashiers: $500 - $700 per week (full time)
Think you will still find Aussie spending power higher, but not as much as compared to the waiters one. The salary is only about 2 times higher..., not 3 times. Also, this does not include minimum wage law. I calculate for u all tonight