Sunday, Jun 29, 2008
Strewth mate - the poms have had it
Telegraph: Australians leave UK to escape credit crunch
Australian authorities have recorded a 50 per cent increase in the number of their citizens returning down under since last summer. Growing numbers of migrants from Poland, India and Nigeria are also said to be leaving in the hope of easier times and more economic stability back home. The cost of raising a family is said to have jumped more sharply in the UK than in any other country in the western world. The departures are harming the building industry and businesses in the City in particular, which relies on seasonal workers from other countries, is suffering.
Posted by uncle chris @ 10:36 PM (892 views) Add Comment
17 Comments
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1. enuii said...
The weather is also Grey and dismal most of the time during the summer, fat chance of a decent Barbie or sitting outside, if it isn't too cold, too windy or too wet its just too plain dull. I would imagine that to the citizens of the above countries the UK is a dam depressing place if you are not raking the cash in.
2. enuii said...
Oh, and seeing Gordon Browns miserable face nearly every day on the telly is enough to make anyone want to leave or go home. Not to mention all the revolting Ministers who suck up to him on the box, that Female Scottish one Mzz Ms Jamieson they wheeled out today was pretty nauseous, not to mention that no-mark Alan Johnson who thinks Gordon Brown is like a Tennis Player. Doh!!!!
Rant Over.
3. drewster said...
"The departures are harming the building industry and businesses in the City in particular, which relies on seasonal workers from other countries, is suffering."
Aside from the poor grammar, the article seems very muddled. The building industry is collapsing anyway. The city has a hiring freeze (the article says so further down). The only loser is the treasury, since the Australians (and Poles) are a lucrative source of tax revenue while making few demands on the public purse.
4. Mzzpatzey said...
Enui
Which country/continent do you come from I wonder? When you are trying to disrespect a country do check your spelling/punctuation so that you don't look quite so silly.
P.S. I've guessed which country you are from...I encountered a few people like you when I lived there.
5. icarus said...
I thought the credit crunch was global and that the only way to escape it was to live on an atoll in the Indian Ocean.
6. the northerner living in oz said...
4. icarus said...
I thought the credit crunch was global and that the only way to escape it was to live on an atoll in the Indian Ocean.
Australia has the good fortune to have the mining boom.
But as soon as china slows down Australia will quickly feel the full force of the Credit crunch.
My guess another 9 to 12 months and Oz will be in the same boat.
7. This comment has been removed as it was found to be in breach of our Blog Policies.
8. Swissnic said...
The Pied Piper is playing his tune elsewhere, and they follow as the ship sinks here...
(Metaphore Master Mixer)
9. debtfree said...
this is brilliant news !! bye bye
in the UK you can escape to somewhere with a different language, food, culture in moments.
what choice to they have ?
a 10 hour drive to reach a town that looks exactly like the one you left, very dull indeed.
choice and variety is the key to a well balanced life.............. not electric bbqs on the beach and a fly ridden salad.
touche !!
10. angonamo said...
@the northerner living in oz .... 'My guess another 9 to 12 months and Oz will be in the same boat.'
Has Oz not really been affected by the CC yet ? I read somewhere (quite recently) about house prices in Sidney being about 20% less than a year ago - is this true of other area's around the country also ?
11. letthemfall said...
What's worse, there's a bloke in No. 10 with no strides on. Pass me a tinny.
12. Bob said...
Crikey!
13. d'oh said...
agonamo - Nope, Australia as a whole doesn't seem to have woken up to the full trauma of what is going on due to the commodities boom, but house prices have gotten silly and the average ocker is feeling the pinch. It really comes down to whether there is a slow down in Asia later this year. I suspect there will be, at which point some bubbles will pop and reality will dawn. Having said that, in the long run I suspect that Australia will do well, as I believe there will be a protracted commodities boom...but this does not deny the possibility of a short/medium term retracement before going forward.
14. last_days_of_disco said...
I think its great for folks to go and build up their own countries. We in the UK have lived off the backs of others for too long.
Its hurting our culture and resulting in a huge number of drunken visionless directionless brutes in our society and the rest are effete managers who are incapable of curbing their excesses. The return of the hard working British engineer/industrialist will be a great boon.
Its the time for the people with real skills to get ahead and take this country in a new more sensible (less theoretical) direction.
Hooray, I can't wait!
15. tyrellcorporation said...
Leaving the UK to go back to Nigeria?!? Oh dear NL have really messed up!
16. lierbag said...
I used to live in Australia. I still have family in Australia. They're facing the same problems as everyone else - more so, if you factor in water scarcity and endless drought. I read the Melbourne 'Age' newspaper ever day, and can tell you for a start that the main news items are generally:
1. the economic pain the current price of petrol is inflicting in suburban areas.
2. the lack of available affordable housing in inner-city suburbs - leading to ridiculous competition for remaining rental properties.
Basically, there are fundamental problems wherever you go in the world. There is no escape.
17. angonamo said...
D'oh & Lierbag - Thanks guys ... really interesting posts.
'Basically, there are fundamental problems wherever you go in the world. There is no escape.' - Mmmm, I guess so.