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AusGAF 9 - F*** Off, We're Full (Of People With Different Ethnic Backgrounds)
- Thread starter Kritz
- Start date
Not super fussed I guess. Be interesting to see if things like steam prices go down if that does happen, because paying ~$80 USD for a new release is going to be insane. (I fucking doubt it.)
shanshan310
Member
There's been another shooting in the US: http://www.foxnews.com/us/2013/05/12/as-many-as-12-shot-in-new-orleans-mother-day-parade/
Best news I've heard all week.
$1 Kickstarter? This is an outrage!
http://www.kickstarter.com/projects/551129138/energy-hook-0
http://www.kickstarter.com/projects/551129138/energy-hook-0
Might back.
bodyboarder
Member
Ruthless_Barbarian
Member
It was on the cards, and it will keep on going down slowly.
codswallop
Member
Looks like the Euro is also climbing against the dollar. Dammit.
BananaArnie
Member
did a few days back
What retailer? There's no way any specific retailer could tell them to do that. Sounds like b/s.
b-b-but if everyone had been armed none of this would have happened
It sucks for buying games and such but in the long run it's better that companies want to make stuff here and that it's cheap for other countries to buy stuff from us.
True, I didn't realise. It popped right back up again though.
codswallop
Member
Sucks for me because I'm about to be buying lots of Euros for the next three months.
bodyboarder
Member
Yeah. They are just using "retailers" as an excuse for the blatant cash grab.
Oh fuck, where's the OT thread? I'm going there to watch the inevitable gun debate flare up again, just like the flares at a soccer match, amirite?
Heart just dropped.
I hope it doesn't lose too much ground in the next 18 months, I'll be going overseas around that time and a falling dollar could literally cost me hundreds if not thousands.shanshan310
Member
More importantly, what does this mean for the AUD-YEN!?
Might make it cheaper for overseas investors to buy here and therefore increase them slightly? I dunno.
If you have an export economy, sure. My personal economy is primarily import though
That only works if there are enough people with jobs to buy your stuff though right?
Ruthless_Barbarian
Member
But good for me as I have a lot of US currency to convert
More interest rate cuts are also expected, so house pricing will remain as it is, or go down if at all. Foreign investment into housing is going to be taxed with capital gains tax, so locals have a better chance of buying a house.
As it is, you can get decent stamp duty rebate on your first home. I'm expecting close to $3k to be returned to me, and this is after the 20k FHOG.
Nah, I meant I buy lots of stuff from overseas because it is still cheaper than Aus prices even with dollar parity. Now it will cost me more, either here or overseas. Australians in general import a lot of things, I think sometimes people think we manufacture more than we do. We export metal, and grain, and wool, primary products and shit, but bugger all manufactured goods. A weak dollar is good for some, bad for others, same as a strong dollar. I've just been on the receiving end of a weak dollar for so long I was looking forward to enjoying the strong dollar a bit longer.
Edit: Also, those mornings when you wake up with a huntsman warming himself in a beam of sunlight by your head fucking suck.
it's still good cos yen is weak azzzzzz! 101ish
i'm optimistic about aud, i wouldn't expect it to tank just yet.
Is it for a new store or something? Just googles it.
Its usually just alot of people talking, then you have a few simple tests, group discussions, and a finale one on one interview for like a few mins.
My ex did, she said it was boring but not too hard. Typical overblown group interview stuff, recruitment people justifying their pay cheques. Group exercises, role plays, that sort of rubbish.
It's not just goods that are exported but services too. Service industries are being outsourced overseas because it's too expensive for multinationals to pay us here. The high dollar is driving various global industries out of this country. If the dollar looks like remaining this high forever, that's fine, but China aren't going to need our rocks forever. Commodity prices are dropping too. Over the next decade or so there will be a glut of unemployed ex miners looking for work. Where are they going to get it?
We had that before though in the old mining towns.
I dont mean the ye olde gold rush ones, towns like newcastle... etc...
Which are all fine concerns, the problem is that imports and exports are about equal these days. So you fuck half the trade economy no matter which way you go. China will need our rocks forever, they just won't be available forever
Edit:
This is the easiest to read source I could find on export make up:
http://www.dfat.gov.au/publications/stats-pubs/cot-fy-2011-12.pdf
shanshan310
Member
Its kind of bad while I'm getting paid in yen, but as long as I keep it in yen instead of AUD it should work out okay, especially if it stays that way into next year.
Only since March. That's a blip.
Take this graph back 10 years: http://www.tradingeconomics.com/australia/balance-of-trade
And this one: http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y
The dollar went above $1 when exports when crazy, but when they stopped being crazy the dollar didn't come back down. That it hasn't readjusted is will come back to bite us if it goes on too long.
China will need our rocks forever, they just won't be available forever
They will be available longer than China will maintain it's crazy state sponsored growth levels for. You've seen this stuff yeah? http://www.sbs.com.au/dateline/story/watch/id/601007/n/China-s-Ghost-Cities
oh i didn't know you were being paid in yen, so yeah i guess that's kinda bad. yen's gonna be weak or weaker for a long while too given what the gov and central bank are doing...but yeah just keep it yen and save it for kobe!
I thought they had been near parity for some time:
The balance of trade graph shows differences of 3 billion dollars or so one way or the other, not a great deal in terms of the overall amount which is nearing 300 billion.
Everywhere needs rocks, there will always be a market for rocks as long as the rocks are available.
Just different scales. The dollar was as low as 65c during that time. What problems did that cause?
I'm certainly not suggesting that demand for rocks will fall to zero. Any appreciable fall in demand for a particular industry will result in unemployment in that industry.
Edit: I missed an "un" in "unemployment"
Personally for me it caused big problems trying to pay for overseas travel! That is my point lol.
My point is a robust diverse economy is better than cheap airfares. Not downplaying the importance of your travel though.
My point is more general too, that a strong or weak dollar has about equal impact on number of people I think.
Just sell your soul to satan, its quicker.
Which is why, for not very good reasons at all, I think 70 is a good middle ground.
I'll meet you at 85. Glad we can decide fiscal policy like this, makes about as much sense as the old way