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The Long Game – Australian Migration

07/02/2020BY Migrate2Oz

The Long Game - Australian Migration

One of the most difficult jobs we have is balancing clients need for instant gratification with the reality of the long game they have just entered into with Australian migration.

There is, unfortunately, nothing quick (or easy) about a visa. Whether it is a visitor visa that takes 6 weeks, a skilled visa that takes a year, a business visa that takes 2 years or a parent visa that takes 4 years.

It is really difficult maintaining hope and focus on your plan when bureaucracy throws every single obstacle into your path. Piles of paper, money, tests, and then a whole lot of nothing all serves to wear you down.

The secrets to visas are really, really wanting it.. it starts as an idea and each step takes you closer down the road of obsession. As long as your obsession is healthy and realistic – it helps to keep you focused on your goal.

News Snippets

SA’s economy shrank by 0.6% in the three months to end-September, Stats SA announced on Tuesday. This is the second time this year that SA’s economy has contracted. Over the past seven quarters, South Africa’s economy has contracted four times, which included falling into a recession in 2018.

Have you moved your money to a more stable economic platform? Speak to us about opening a bank account in Australia.

These are the wealthiest cities in the world:
1. New York City US$3trn (R44.3trn), making the Big Apple the wealthiest city in the world.
2. Tokyo in Japan US$2.5trn (R36.88trn).
3. San Francisco Bay area in the US – which includes Silicon Valley – US$2.4 trillion.
4. London US$2.4 trillion (R35.41trn).
5. Beijing, US$2.1trn (R30.98trn).
6. Los Angeles (US$1.4trn)
7. Hong Kong (US$1.2trn)
8. Sydney (US$1.1trn)
9. Singapore (US$1.0trn)
10. Chicago (US$980bn)
11. Mumbai (US$960bn)
12. Toronto (US$900bn)
13. Houston (US$880bn)
14. Geneva (US$850bn)
15. Frankfurt (US$800bn)
16. Osaka (US$790bn)
17. Seoul (US$780bn)
18. Paris (US$770bn)
19. Shenzhen (US$750bn)

This means that unless you have a trillion dollars – you should not be looking at settling in Sydney. Regional areas (50km outside of the city centres) offer really great value for money in terms of cost of living. You can view the article here.

Watching you 24/7 – The Australian state of New South Wales, home to the country’s largest city Sydney, rolled out mobile phone detection cameras on Sunday (Dec 1), hoping to cut the number of fatalities on its roads by a third over two years, transport authorities said.

Read more.

Car being captured by camera in New South Wales

Average wages – South Africa’s take-home pay for October increased the most in two years and reached new highs in value. This index measures wages that are transferred to employee bank accounts. Take-home pay reflected a high nominal increase of 7.2% on a year-on-year basis and reached R16,173.

Read More.

According to the Australian Bureau of Standards, the average weekly ordinary time earnings for full-time adults in Australia in May 2019 was $1634 (trend). Average full-time earnings increased by $27 (1.7 per cent) over the previous six months and by $48 over the year (3.0 per cent).
By taking the average weekly earnings and multiplying them by 52, it’s possible to work out the average annual wage in Australia.

Average Australian Weekly Wage: $1634
Average Australian Yearly Wage: $84,968

Australian $100 Note

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