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    Thread: well its been a while!!!!!

    1. #11

      Senior Member
      Join Date
      Jul 2009
      Seaford Meadows, SA
      245 times
      There is a lot of talk about a two speed economy here, and there are some areas of the economy which are more or less in recession - despite the overall economy appearing to be 'booming'.

      There looks to be a major downturn in construction, and property prices may well fall. In addition the government is keen to deliver a minerals tax, alongside a carbon tax (prior to a ETS). These may very well have a similar impact to the Poll tax in the UK - there are a lot of unknowns.

      One thing is for certain, if there is a downturn in the economy here, there is no money left in the coffers to cover it - it's all gone on 'flat screen tvs', loft insulation, first home buyers bonus grants, and 'overpriced' classroom extensions.

      The government is intent on delivering better broadband with the NBN, but the costs of this is expected to blow out - which will need to be covered by tax payers. They've already halted the tender process because all bids were well over what they'd budgeted for.

      These are just some of the challenges facing the economy here, and causing a high degree of concern.

      As a family, you sound very secure where you are (in the UK), and i would therefore recommend caution in 'giving it all up' to come out here now.

      But... what is life without risk??

    2. #12
      Well thats a lot to think about... Politics always there to bring you back down to earth... Thanks for that... yes we have a stable life at present... but cant pinpoint what it is that pulls us back to aus...


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