Australians: What do you think about the rising dollar? - GoFuckYourself.com

d00t · 04-17-2007, 08:13 PM

Personally, my threshold is 0.85 - after that I'm packing my bags and moving offshore. What's your limit?

Porn Farmer · 04-17-2007, 08:16 PM

Where are you headed to? It's going to crack 0.85 for sure.

nekrom · 04-17-2007, 08:23 PM

I know hey it's a fucking joke. Last year I started swaping out all my sponsors to ones that bill/payout in euros, as well as only push my own paysites with marked up usd prices.

On the bright side buying content, hosting, design work and traffic with us money is a winner, just shitehouse when converting usd payments.

-N

tabasco · 04-17-2007, 08:23 PM

Pissing me off royally! But it's all cyclical... just atm can't take a trick. Dollar shooting throught the roof, interest rate rises several times a year, petrol prices. I heard it may hit 0.90 before it gets better too!

bigalownz · 04-17-2007, 08:28 PM

im piss off

its near 75c here the highest its been in 20+ years

when i started doing porn it was about 45c

r-c-e · 04-17-2007, 08:30 PM

not good at all.

chodadog · 04-17-2007, 08:36 PM

Definitely making a dent. The advantage is that I'm making more US dollars than I was when the Aussie Dollar was weak, so my income hasn't gone down at the end of the day. But it is frustrating to think how much more I would have been making a few years back. The good ol' days of 50 US cents per Aussie Dollar. Ah.

The Other Steve · 04-17-2007, 08:48 PM

Quote:

Originally Posted by chodadog

Definitely making a dent. The advantage is that I'm making more US dollars than I was when the Aussie Dollar was weak, so my income hasn't gone down at the end of the day. But it is frustrating to think how much more I would have been making a few years back. The good ol' days of 50 US cents per Aussie Dollar. Ah.

We're with you Chog - still it could be worse, we could be living in England.

Imagine it- surrounded by Poms and getting 50p for every US greenback - now that's the stuff of nightmares.

Sausage · 04-17-2007, 08:53 PM

Yeah its getting bad.

Half my income is in Euros now so its not all disaster and all, but looking at a move to New Zealand for better exchange rates, much better tax, and a nicer climate.

ozmatt · 04-17-2007, 08:57 PM

it makes me want to cry

i think i will move back in with my parents :P

Calico Jack · 04-17-2007, 09:12 PM

I remember the days of 48 cents...man it was sweet doubling my money everytime I went to the bank. It's not likely we'll be seeing that anytime again soon.

The Other Steve · 04-17-2007, 09:45 PM

Quote:

Originally Posted by Calico Jack

I remember the days of 48 cents...man it was sweet doubling my money everytime I went to the bank. It's not likely we'll be seeing that anytime again soon.

A month or two ago I was reading an article by one economist who suggested that the natural place for the $A was around 68 cents and it would drop back to that eventually.

What surprises me is that we haven't heard much yet from the tourism industry or the miners - those guys must be bleeding big time.

Here where I live the number of backpackers coming into town certainly seems to have declined.

d00t · 04-17-2007, 11:21 PM

Quote:

Originally Posted by The Other Steve

A month or two ago I was reading an article by one economist who suggested that the natural place for the $A was around 68 cents and it would drop back to that eventually.

What surprises me is that we haven't heard much yet from the tourism industry or the miners - those guys must be bleeding big time.

Here where I live the number of backpackers coming into town certainly seems to have declined.

Well the miners certainly don't mind because they're in the middle of a huge boom which is helping the economy as well.

Like a fellow GFY'er says..... We need labor back in power to fuck up the economy and give us all a pay rise!

tabasco · 04-17-2007, 11:31 PM

Quote:

Originally Posted by d00t

We need labor back in power to fuck up the economy and give us all a pay rise!

LOL Beasely would have really delivered too!

hoxton · 04-17-2007, 11:34 PM

wake me up when its all over

quantum-x · 04-17-2007, 11:38 PM

The problem isn't so much the rising AU dollar as the dropping US dollar.
We can all thank George W for that one.

From talks w/ marketting types, I was told it made the initial jumps from .54 > the .74 due to large mining and investment corps.

Apparently, (the very simplified version) goes like this - mining company know they have to pay $100M for a new mine / mine project / equiment on delivery in say 2010 - so instead of waiting until 2010, when $100M then will be equiv to $150M+ in 2007 $, they take the $100M and hold it - so when the time comes to pay, their $100M will have the value of the new $100M.

This practice of buying up huge amounts of AUD led to the dramatic rise.

And I'm with you, I'm moving OS in a few months.

CuriousToyBoy · 04-17-2007, 11:43 PM

It's fucked ....

http://www.gofuckyourself.com/showthread.php?t=725268

:-(

fuzebox · 04-17-2007, 11:44 PM

All the Canadians went through this a few years ago...... and it sucked

Like taking a 30% pay cut over a few years...

rowan · 04-18-2007, 12:10 AM

Until recently (when I got a big pay rise from a pay per min revshare webcam sponsor) I was in the same situation... grossing pretty much the same in $AUD each year, even though my $USD income was growing. It's frustrating to be standing still 5 years later, but at least I wasn't moving backwards.

(thinks: the benefits of that payrise could be wiped out if the dollar gets any weaker

)

NyLoS · 04-18-2007, 12:16 AM

its not the AUD going up, its the USD going down

ozmatt · 04-18-2007, 01:21 AM

all aussies that want to move to the US, lets buy up some land and start out own community

d00t · 04-18-2007, 01:42 AM

Quote:

Originally Posted by ozmatt

all aussies that want to move to the US, lets buy up some land and start out own community

NO MORE FREEKING COMMUNITIES OKKKKKKK

cj_purve · 04-18-2007, 03:31 AM

Quote:

Originally Posted by NyLoS

its not the AUD going up, its the USD going down

both ...

and the only way to fix it is to put that cockhead rudd in so he can fuck up our economy for us and bring us back our 50 cent dollar ... but that's going to hit our pockets in more ways than its worth.

i'm all for the community in the states idea!!!!

D00t, you can be security

hahahahaahhahahahahahahaaa

mattz · 04-18-2007, 03:34 AM

Australia uses US currency? You learn something new everyday!

Oracle Porn · 04-18-2007, 03:43 AM

Quote:

Originally Posted by mattz

Australia uses US currency? You learn something new everyday!

Porn Farmer · 04-18-2007, 04:03 AM

Quote:

Originally Posted by mattz

Australia uses US currency? You learn something new everyday!

I hope you were trying to be funny.

paymeback · 04-18-2007, 04:41 AM

Quote:

Originally Posted by d00t

Like a fellow GFY'er says..... We need labor back in power to fuck up the economy and give us all a pay rise!

04-17-2007, 08:13 PM	#1
d00t Confirmed User Industry Role: Join Date: Sep 2002 Location: In your mind Posts: 3,766	Australians: What do you think about the rising dollar? Personally, my threshold is 0.85 - after that I'm packing my bags and moving offshore. What's your limit?

04-17-2007, 08:23 PM	#3
nekrom Confirmed User Industry Role: Join Date: Mar 2004 Location: Australia/Asia Posts: 921	I know hey it's a fucking joke. Last year I started swaping out all my sponsors to ones that bill/payout in euros, as well as only push my own paysites with marked up usd prices. On the bright side buying content, hosting, design work and traffic with us money is a winner, just shitehouse when converting usd payments. -N __________________ Free Traffic

04-17-2007, 08:23 PM	#4
tabasco Confirmed User Industry Role: Join Date: Jul 2006 Location: In a van down by the river Posts: 2,624	Pissing me off royally! But it's all cyclical... just atm can't take a trick. Dollar shooting throught the roof, interest rate rises several times a year, petrol prices. I heard it may hit 0.90 before it gets better too! __________________ "There is no other way to see a thing except to look at it" - fatfoo

04-17-2007, 08:28 PM	#5
bigalownz Confirmed User Industry Role: Join Date: Aug 2005 Location: NEW ZEALAND Posts: 1,657	im piss off its near 75c here the highest its been in 20+ years when i started doing porn it was about 45c __________________ $100 free credit for all hosting needs

04-17-2007, 08:36 PM	#7
chodadog Confirmed User Join Date: Apr 2002 Posts: 9,736	Definitely making a dent. The advantage is that I'm making more US dollars than I was when the Aussie Dollar was weak, so my income hasn't gone down at the end of the day. But it is frustrating to think how much more I would have been making a few years back. The good ol' days of 50 US cents per Aussie Dollar. Ah. __________________ 26 + 6 = 1

04-17-2007, 08:16 PM	#2
Porn Farmer Confirmed User Join Date: Feb 2007 Posts: 928	Where are you headed to? It's going to crack 0.85 for sure.

04-17-2007, 08:30 PM	#6
r-c-e Confirmed User Join Date: Jul 2002 Posts: 1,070	not good at all.

04-17-2007, 08:53 PM	#9
Sausage Confirmed User Join Date: Oct 2002 Location: Australia Posts: 3,012	Yeah its getting bad. Half my income is in Euros now so its not all disaster and all, but looking at a move to New Zealand for better exchange rates, much better tax, and a nicer climate. __________________ IW Skype : blance8888 Icq : 15567120

04-17-2007, 08:57 PM	#10
ozmatt Confirmed User Join Date: Nov 2003 Location: brisvegas, australia Posts: 1,843	it makes me want to cry i think i will move back in with my parents :P __________________ NEW NEW Pimpin Pays Version 2 NEW NEW *** * * AIM - pwize69 - ICQ - 4664 7757 - EMAIL** - matt at pimpinpays dot com * PIMPIN DESIGN - $699 PAYSITES * HIT ME UP NOW - PIMPINPAYS.COM

04-17-2007, 09:12 PM	#11
Calico Jack Confirmed User Join Date: Jul 2004 Posts: 2,051	I remember the days of 48 cents...man it was sweet doubling my money everytime I went to the bank. It's not likely we'll be seeing that anytime again soon. __________________ Got Foot Fetish Traffic? These sites will make you $$$... Footsie Babes - Hot Legs & Feet - Kink's Foot Worship - Black Meat White Feet NAKED HOSTING (Certified Hosting)...Adult Web Hosting at its FINEST! Signup Here!

04-17-2007, 11:34 PM	#15
hoxton Confirmed User Join Date: Feb 2003 Location: australia Posts: 348	wake me up when its all over __________________ icq: 191296517 / [email protected] / [email protected]

04-17-2007, 11:38 PM	#16
quantum-x Confirmed User Join Date: Feb 2002 Location: ICQ: 251425 Fr/Au/Ca Posts: 6,863	The problem isn't so much the rising AU dollar as the dropping US dollar. We can all thank George W for that one. From talks w/ marketting types, I was told it made the initial jumps from .54 > the .74 due to large mining and investment corps. Apparently, (the very simplified version) goes like this - mining company know they have to pay $100M for a new mine / mine project / equiment on delivery in say 2010 - so instead of waiting until 2010, when $100M then will be equiv to $150M+ in 2007 $, they take the $100M and hold it - so when the time comes to pay, their $100M will have the value of the new $100M. This practice of buying up huge amounts of AUD led to the dramatic rise. And I'm with you, I'm moving OS in a few months.

04-17-2007, 11:43 PM	#17
CuriousToyBoy Crazy Aussie Bastard Industry Role: Join Date: Aug 2005 Location: Wherever I lay my hat, that's my home. Posts: 16,787	It's fucked .... http://www.gofuckyourself.com/showthread.php?t=725268 :-( __________________ Celebs Adult Who's Who ==> Ambush Interview ==> ICQ 293 070 684 ==> intmarpacrim AT gmail DOT com

04-17-2007, 11:44 PM	#18
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,112	All the Canadians went through this a few years ago...... and it sucked Like taking a 30% pay cut over a few years...

04-18-2007, 12:10 AM	#19
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Until recently (when I got a big pay rise from a pay per min revshare webcam sponsor) I was in the same situation... grossing pretty much the same in $AUD each year, even though my $USD income was growing. It's frustrating to be standing still 5 years later, but at least I wasn't moving backwards. (thinks: the benefits of that payrise could be wiped out if the dollar gets any weaker )

04-18-2007, 12:16 AM	#20
NyLoS Confirmed User Join Date: Apr 2001 Location: Amsterdam Posts: 724	its not the AUD going up, its the USD going down

04-18-2007, 01:21 AM	#21
ozmatt Confirmed User Join Date: Nov 2003 Location: brisvegas, australia Posts: 1,843	all aussies that want to move to the US, lets buy up some land and start out own community __________________ NEW NEW Pimpin Pays Version 2 NEW NEW *** * * AIM - pwize69 - ICQ - 4664 7757 - EMAIL** - matt at pimpinpays dot com * PIMPIN DESIGN - $699 PAYSITES * HIT ME UP NOW - PIMPINPAYS.COM

04-18-2007, 03:34 AM	#24
mattz Confirmed User Industry Role: Join Date: Dec 2001 Location: AZ Posts: 7,697	Australia uses US currency? You learn something new everyday!