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Thread ID: 108092	2010-03-13 15:59:00	NZ OZ Merger	KenESmith (6287)	PC World Chat

Post ID	Timestamp	Content	User
866969	2010-03-14 08:38:00	I'm curious as to why we would automatically be better off. Are the Aussies going to be shipping some of their apparent greater wealth across the Tasman and giving it to us? The state pension (Super) is means and asset tested. Martynz	martynz (5445)
866970	2010-03-14 12:42:00	Australia is the 14th largest economy in the world with a population of approximately 21 million - thanks mainly to the country being blessed with an abundance of natural resources. If New Zealand was to become part of this economic dynamo then they would benefit- The problem is that Australia has one Tasmania - ie a part of Australia that drags more out of the economy than it puts in - many Australians see NZ as another Tasmania. However, NZ is the most efficient pastural farmers in the world - our Dairy industry is second to none and our exotic forestry industry is as good as they get, and if NZ can increase the productivity of its economy and reduce the freeloaders that leach off the efforts of the productive sector, then NZ could economically contribute to a union. Mention is made that the Australian State pension is means and asset tested - well it is, but the limits and abatements are reasonably generous. As a Kiwi who lives in Australia, I certainly endorse the Australian approach to State pensions. I can't think of one sound reason why an individual with sufficient means and assets to maintain a respectable standard of living in retirement, should expect to be the recipient of government largess in the form of a state funded pension, paid from the taxes of the productive sector of the economy. For some thitrty years there has been a compulsory employer funded superannuation scheme, with generous tax concessions for individuals to top up their employer funded super from their own income. There is no such thing as a free meal in this world, although there seems to be a mentality in NZ that Goverment handouts to certain individuals and groups in society is a free meal - well it isn't the mug taxpayers pay.	KenESmith (6287)
866971	2010-03-14 19:24:00	New Zealand would be far worse off. We don't want to be tied to the $Aus that is heavily speculated on making trade a lot harder for us. The $NZ is still very strong against the $US and UK people need to keep things in perspective. I would also like to point out the Economies are a marathon not a sprint. Only 5 years ago the media was bleeting on about how NZ should be like Ireland. Where is the media now with there 12% unemployment and "massive" public dept lol. NZ economy has been making real gains over the last few decades, its just not as fast as Aus. Aus is largely running out of water (excluding the recent floods :P) which is a massive concern as. Don't count NZ out to catch up in the next 20 years if the governments manage the economy well. Just to add the NZ economy is internationally seen as fairly solid, unlike our local media that love to make it sound like we are going down on fire. s.wsj.net	Battleneter2 (9361)
866972	2010-03-14 19:43:00	New Zealand would be far worse off . We don't want to be tied to the $Aus that is heavily speculated on making trade a lot harder for us . The $NZ is still very strong against the $US and UK people need to keep things in perspective . I would also like to point out the Economies are a marathon not a sprint . Only 5 years ago the media was bleeting on about how NZ should be like Ireland . Where is the media now with there 12% unemployment and "massive" public dept lol . NZ economy has been making real gains over the last few decades, its just not as fast as Aus . Aus is largely running out of water (excluding the recent floods :P) which is a massive concern as . Don't count NZ out to catch up in the next 20 years if the governments manage the economy well . Just to add the NZ economy is internationally seen as fairly solid, unlike our local media that love to make it sound like we are going down on fire . . wsj . net/public/resources/documents/st_heatmap022010_20100223 . html" target="_blank">s . wsj . net 1 . If the NZ $$ is so great then why is the UA$ about 90cUS and ours is 70c US . 2 . We have a 20% lower NZ$ than the AU$ so imports are way dearer . I work for a company that is based in Ozz and we are treated as the poor cousin who can't afford stuff . . 3 . Why is the average wage in Ozz 30% higher than NZ . 4 . And as for catching up to Australia in the next 20 years . . Your dreaming . You must be John Key posting under an alias .	paulw (1826)
866973	2010-03-14 20:06:00	1 . If the NZ $$ is so great then why is the UA$ about 90cUS and ours is 70c US . 2 . We have a 20% lower NZ$ than the AU$ so imports are way dearer . I work for a company that is based in Ozz and we are treated as the poor cousin who can't afford stuff . . 3 . Why is the average wage in Ozz 30% higher than NZ . 4 . And as for catching up to Australia in the next 20 years . . Your dreaming . You must be John Key posting under an alias . China has kept its current very low for decades to the annoyance of the US . Its not what we spend as a nation that is most important, its what we earn . I would like to see the $NZ down to about 60c US . The Aus $ is only high atm not because of Aus economy, its because the safe haven US economy is floundering, its called speculation! . NZ is internationally seen as a high standard of living, people need to get a reality check over this issue, we are still in the richest 15% of people on earth!! . Sure Aus is doing better no argument . BTW NZ population is growing at nearly a identical percentage rate to Australia's contrary to popular belief .	Battleneter2 (9361)
866974	2010-03-14 20:10:00	Why is the average wage in Ozz 30% higher than NZ . Perhaps, just maybe, because the cost of living in Aus is 30 % higher .	Greg (193)
866975	2010-03-14 20:21:00	3. Why is the average wage in Ozz 30% higher than NZ. Depends on the job. Skilled jobs in Australia are well paid compared to NZ skilled jobs. But unskilled jobs in Australia don't always attract a lot more than NZ in some cases. And then there is the huge money paid up in the North West of WA and upper Queensland in industry such as mining where you can make 150,000 to 200,000 in a year but they are generally working 12 hour shifts 2 weeks on, 2 weeks off. Or in the case of the Gorgan Gas Project in WA, un/semi skilled labour is getting 160,000 a year but they work 12 hours on, 29 days on, 7 days off in 40+ degree's. My cousin is a plumber/gas fitter in NSW and earning 3+ times what he could have made in NZ but he has a trade. Another cousin is working in a Thai take away evening shift and earning hardly anymore than what he would in NZ. On the plus side, there is 9% super paid by the employer which soons add's up if you are in a good paying job, there are generous tax breaks if you top up your super, the Aust Govt does have some quite generous handouts and if you are a police officer, teacher, etc and working in a remote area, depending on state and other factors, there can be generous tax breaks and free housing, cheap power etc to get you to work there.	PinoyKiw (9675)
866976	2010-03-15 00:19:00	I am for it provided it works and it will make travelling to Oz alot more easier than it already is.	Ice Road Trucker (15659)
866977	2010-03-15 01:06:00	I am for it provided it works and it will make travelling to Oz a lot easier than it already is. Good thinking.	Cicero (40)
866978	2010-03-15 01:07:00	Its not what we spend as a nation that is most important, its what we earn. I completely disagree with that statement. My :2cents: I still would like to travel to oz easier, and is why i think it is a good idea, but there is probably no reason a deal couldnt be done between us so that could happen anyway with out becoming one big donkey	Gobe1 (6290)
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