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Thread: Boom Times in W.A
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3rd November 2007, 04:03 PM #16
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3rd November 2007 04:03 PM # ADSGoogle Adsense Advertisement
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3rd November 2007, 05:37 PM #17
Barry, problem with that is if I go type on a site in my mother toungue everything is underlined and it becomes a pain in the southern end.
Derek, you'll have heaps of extra 'clients' when the boom slows down and morgages cant be met mate!
Time to go do more stuff in the shed, I've been spending time on the net looking for very simple toy plans/sketches on the net. Problem is that the screen stuffs around with my double vision turning it into real bad multivision, so walking into the shed I'll have hundreds of machines and millions of jobs.
Enjoy whats left of the weekend!
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3rd November 2007, 07:54 PM #18
as said by others, booms come and go.
China will stop buying one day or the minerals will run out, either way lots of people will find life difficult when it runs its course.
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3rd November 2007, 08:17 PM #19
If you're using IE, then download iespell. Does the job perfectly.
Chris
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3rd November 2007, 08:43 PM #20Senior Member
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I just wonder how the extremely strong Aus $ will affect all of this. I am currently rejoicing having moved my money from Australia to the UK. Best exchange rate in over 2 decades.
But that must make exports from Australia very expensive. The high grain prices helps I suppose and the price of gold and other commodities, but things can change pretty quickly.
As it is the high value of the Aus $ puts Australia in a dodgey position, raise interest rates and kill the boom economy? (in some states anyway), or leave it were it is and stuff up the balance of payments?
I just hope the exchange rate balance shifts the other way in time for when I go back.
I am not buying property anywhere for a while thats for sure.
Cheers
Dave
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3rd November 2007, 10:01 PM #21
My concern about the local boom is that it encourages kids to leave school early because they can earn (what they consider to be ) big money as an unskilled labourer. When they see their mates earning and spending big, it is hard to resist the temptation to do the same. Education - already such as low valued commody in these days of the professional sportsman - is being devalued even more.
Regards from Perth
DerekVisit www.inthewoodshop.com for tutorials on constructing handtools, handtool reviews, and my trials and tribulations with furniture builds.
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4th November 2007, 12:28 AM #22Happy Feet
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any comparisons with the 1890 gold boom
after aboom usually comes a crash
astrid
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4th November 2007, 12:42 AM #23SENIOR MEMBER
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4th November 2007, 01:04 AM #24SENIOR MEMBER
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4th November 2007, 08:35 AM #25
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4th November 2007, 09:17 AM #26Senior Member
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In Perth, accounting/finance graduates (no experience) are getting +$50,000. Engineering graduates (no experience) are getting up to $100,000.
I doubt that WA's current mining boom will end anytime soon. India is tipped to be the next boom economy after China comes off the boil.
The smart people are using their increased salaries/wages to accelerate the repayment of mortgages.
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4th November 2007, 01:21 PM #27SENIOR MEMBER
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