CURRENCY:Can someone overseas explain this??

Discussion in 'Green Room' started by jcs83md, Nov 5, 2002.

  1. jcs83md

    jcs83md Guest

    Ok, I just saw that the Australian minimum wage is $11.35 Australian Dollars per hour. That roughly converts to $6.40 an hour (US Dollars). Now my question is, does $11.35 AUS buy in Australia what $6.40 US does in US? Or are things a little different and do people in Australia just live a little better overall then Americans do here. I know they cant take a total hit on selling goods but I just wonder if you could actually live on minimum wage in Australia, or other countries.
     
  2. Ace123

    Ace123 Guest

    thinkin of moving to australia?
     
  3. jcs83md

    jcs83md Guest

    Not anytime soon. Was just curious.
     
  4. Electronic Punk

    Electronic Punk Administrator Staff Member Political User Folding Team

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    Th eminimum wage in teh UK a few years ago was £4.10 if that helps to confuse you a little more.
     
  5. Sazar

    Sazar F@H - Is it in you? Staff Member Political User Folding Team

    Messages:
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    there is something that you might wnt to look into...

    purchasing power parity...

    if you ever read the economist mag (which I recommend) you will know the differences not only in curreny exchange rates but PPP as well...

    also the BIG MAC index is a popular one... for kicks lol...
     
  6. Ace123

    Ace123 Guest

    thanks electronic now we're screwed
     
  7. jcs83md

    jcs83md Guest

    No confusion involved. The economy sucks.
     
  8. jcs83md

    jcs83md Guest

  9. Ace123

    Ace123 Guest

    lol your a freak for knowing that lol
     
  10. jcs83md

    jcs83md Guest

    Did you also know the average work week in France is 35 hours.

    You learn a lot when your job is about 80% downtime and your days are surfing the Internet. I've probably learned more at where I work now in the last 5-6 months then I ever did at high school, college, etc. I can program in VB6 now, working on C... can do 3D modeling.. if only I could get paid by surfing at home, my rig there is better.

    Since we're on the subject of the US economy, lets revamp the education system too, the hell with college degrees... bring back apprenticeships. Who needs a Dr. in front of there name, hand me that rib spreader.
     
  11. Ace123

    Ace123 Guest

    lol he wants to know if living in austrailia is better people... lol
     
  12. jcs83md

    jcs83md Guest

    No, I just know nothing about economics. I hardly ever leave my state, let alone the country.
     
  13. Ace123

    Ace123 Guest

    i left my state once and i know more lol
     
  14. jcs83md

    jcs83md Guest

    That's because you live in Oregon. Obviously you didn't learn enough to express yourself in any other words but "lol".
     
  15. Jewelzz

    Jewelzz OSNN Godlike Veteran

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    90% of my time at work is spent surfing and chatting, I've learned absolutely nothing :(
     
  16. Ace123

    Ace123 Guest

    no im just a very laughable person... im always laughing so i write it down. Im alway laughing at everything
     
  17. Hipster Doofus

    Hipster Doofus Good grief Charlie Brown

    Messages:
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    Location:
    Melbourne Australia
    You tell me what $6.40 over there buys & I'll tell you what $11.35 gets you here. :)

    Remember...over here we have an excellent social sercutity service. Minimum wage earners get benefits from the government.
    Especially for families.
     
  18. jcs83md

    jcs83md Guest

    $6.40 here will get you


    a McDonalds Lunch Combo & 3 packs of gum
    or
    3 loafs of bread
    or
    a gallon of milk and 2 loafs of bread (maybe)
    or
    a cheap 10 pack of CD-Rs (RETAIL) (Probably more like $7 - 8)


    hmmm... maybe i'll think of some more
     
  19. Hipster Doofus

    Hipster Doofus Good grief Charlie Brown

    Messages:
    5,920
    Location:
    Melbourne Australia
    A$11.35

    Plain bread 650 gram loaf from a bakery not supermarket = 7 loaves. From supermarket = 4 loaves.

    Ten litres of milk fresh.

    Maccas for a combo is around $6.00.

    CD-r's = same. About little bit cheaper. Cheapest we can get is around 30 - 40 cents each for a disk with no cover.

    Of course with the drought prices are going to go up but I think I'll stay here after seeing that. :eek:
     
  20. [CpK]Bastid

    [CpK]Bastid Guest

    too bad Hawaii is not part of U.S. economy........lol