If you work in the drive through at Chicken Treat or at Bethany Waters in aged care, you will not have steered clear of resources in WA.
Organisations such as these have been forced to pay higher wages to their staff in order to be able to compete with the high wages paid to workers in mining infrastructure. They have also been able to charge more for their products and services due to the trickle down wealth effect of 'Bogans" earning $150k a year.
Nobody in WA is removed from resources. Not even Skamy and her property ponzi mates.
They can't see it yet or maybe they refuse to see it but it doesn't make it not so.
I think this is from 2012. But the comparison of prices will not be materially different today.
Quote:
Australia’s minimum wage is $16/hour and the Big Mac is actually 15 cents cheaper than in the US. Pass this along for the millions of people who say raising wages will increase prices. Cure them of their ignorance.
Here are some comments:
Quote:
I'm an American living in Oz. I can confirm that the minimum wage is 16, but barely any companies pay that low. I get paid $21 per hour which is average for entry level (I wash cars). The lifestyle here isn't geared towards the upper class like america, but towards the happiness of the masses (do your research, 4 out of the 10 happiest rated cities to live in are in australia) and yes, they still can pursue being millionaires if they want to, but it isn't as big in their culture as it is in america. Looking back at america, we are in the economic dark ages. There have been countries in the past that have treated their slaves better than we treat our lower and middle class. And this is all coming from a lifelong fox news watching conservative.
Fast food wages are much higher in NSW than in WA and so are nursing wages so your story of mining inflated wages does not hold up.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Fast food wages are much higher in NSW than in WA and so are nursing wages so your story of mining inflated wages does not hold up.
Again Skamy, make up your mind. One minute you are telling us we have the highest wages in Australia and the next we haven't?
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
Better concentrate in working out what's gona work for you, instead to wasting those youngish yrs on paying the rent on time, rather than buying.
Mustapha Mond
21 Nov 2014, 01:50 AM
Jimbo, Yes yes and yes. Foxbat told me this 19 months ago. I was talking to him in Bangkok today.
He updated me.
Peter
So are you agreeing with Jimbo prime mover that I'm a gin girl ? Oh & I'm aways drunk?
Perhaps when I drive down to Margs I'll show you my wine stash instead...but I'm honestly hesitant to meet you coz you do post some weird stuff. So, keep assuming whatever.Skamy It's going to be interesting times with the Perth Market, you should be fortunate that you are not a commercial property investor because it isn't easy ATM . You can't dispute that rents are soft , but honey it will change with the timing of it all.
If you are able to afford the investments its smooth sailing, but not everyone does planned longterm investing strategies, some will swim & some sink, that's the way it goes.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Both countries are turning their back on fast food anyway.
When the doc says take the meds. TAKE THEM.
Zombies got to eat.
Peter
Blondie girl
21 Nov 2014, 07:17 PM
Have we resorted to taxis usage Veritas... LMAO.
Better concentrate in working out what's gona work for you, instead to wasting those youngish yrs on paying the rent on time, rather than buying.
So are you agreeing with Jimbo prime mover that I'm a gin girl ? Oh & I'm aways drunk?
Perhaps when I drive down to Margs I'll show you my wine stash instead...but I'm honestly hesitant to meet you coz you do post some weird stuff. So, keep assuming whatever.Skamy It's going to be interesting times with the Perth Market, you should be fortunate that you are not a commercial property investor because it isn't easy ATM . You can't dispute that rents are soft , but honey it will change with the timing of it all.
If you are able to afford the investments its smooth sailing, but not everyone does planned longterm investing strategies, some will swim & some sink, that's the way it goes.
No, no and no Blondie.
I have never met you so i have no idea of your drinking habits.
Having attend A.A. on the Queen Mary 2 and in Maddison Ave New York i am aware that alcohol is an equal opportunity destroyer.
If you do indeed drink Gin please do so in moderation.
I think this is from 2012. But the comparison of prices will not be materially different today.
Here are some comments:
Fast food wages are much higher in NSW than in WA and so are nursing wages so your story of mining inflated wages does not hold up.
Skamy your post highlights the bubble our wages are in , and just how much they need to correct. Falling wages or falling jobs, or more likely some of both.
If wages don't fall fast enough, we will see unemployment continue to rise ,exactly what we are witnessing now.From six year highs, to ten year highs and now to twelve year highs in unemployment and rising.
Thanks for pointing this out for us skamy, a real eye opener.
I think this is a fair point. Wages variance does not significantly impact price. But does it impact production cost? That is, are hamburgers in Australia much less profitable to make and sell? And if so, why? Is it just because of higher labor costs relative to other regions? What about differences in rent and other fixed costs?
I disagree with Skamy's conclusion. But her point here on the labor cost differential to price is insightful.
I think this is a fair point. Wages variance does not significantly impact price. But does it impact production cost? That is, are hamburgers in Australia much less profitable to make and sell? And if so, why? Is it just because of higher labor costs relative to other regions? What about differences in rent and other fixed costs?
I disagree with Skamy's conclusion. But her point here on the labor cost differential to price is insightful.
My conclusion is that people in Australia should not be forced to think that they are overpaid, do you disagree with me?
BHP and Rio are the lowest cost producers of iron ore in the world, they have a bit of a cheek complaining about Aussie wages IMHO. It is even worse when workers believe the news.com nonsense and start lobbying for a pay cut, absolute madness if you ask me.
BTW I like your style, Mr USAIan
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Australian wages have grown rapidly over the decades.
And since 2000, wages in Australia have grown at the second fastest pace of any other country. A time when Sydney prices nearly doubled from 2000 to 2003.
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