Now takes only 24 weeks average wage to buy a Falcon

[Fordman1]

Originally Posted by 98TLS

About the same possibly a little higher across the ditch here in NZ,to the bloke that said 20 BAs well ive had 4 BA XRs including my GTP for less than the 75.Medias claim of $75k seems similar to what our lot claim over here...ridiculous though good luck and well done to those that get it.

You don't get it do you ?

20 BA's today may be worth 24 weeks average wage ? Get it now ?

[IanC]

When you look at the price of second hand Falcons and Mondeos it is even cheaper. Two year old and going for about $17,000. No wonder people don't want to buy a new one with that kind of depreciation.

[RANGEREST]

Originally Posted by 98TLS

So...give up living for 24 weeks and we can all buy a new Falcon.

Not at all, dont spend a cent and you could buy a house with cash after 10 yrs too.
All with that average wage of 75k as well.
Just as a comparison, in 2012 it was 30 weeks wages, 1960 it was 60 weeks, take what you want from that, but I'm guessing that they're saying cars are cheaper now than they once were.
Here's a linky for you (bit old but first one i found) to have a squiz at, it's a commonly used comparison.
https://www.allianz.com.au/car-insur...le-in-35-years

[Spammy]

My dad bought a XK when they were first released...was equal to one years wages as a school teacher.

[Yellow_Festiva]

Originally Posted by carwant.com.au

'Real' car sell prices haven't changed much over the past 10 years

This isn't a bad thing, as average people can now afford things they could never before, it's just a reflection of the times we live in today.

Also, what you get for your money is so much more compared to before.

My 99 Festiva and my wife's 14 Mirage cost exactly 15 k on the road. When you think what the Mirage has over the Festiva such as 6 airbags, all the electric acronyms, 2 more doors, power steering, climate control, electric windows, auto tranny, blue tooth, alloy wheels, better radio, proximity key, auto lights and wipers etc etc etc you can see how much further money goes compared to 10 or 15 years ago.

[RANGEREST]

I think a few are missing the point here, it has not got anything to do with paying for a Falcon with 24 weeks wages whilst not eating or paying for the utilities, its simply a comparison (affordability study) of the cost of a new Falcon compared to wages over the years.

'Citing vehicle affordability study yesterday, Weber revealed that purchasing a new Ford Falcon (pictured) will take an average wage earner 24 weeks in 2015. This is in marked contrast with 2013 (26.2 weeks) and back in 2010 (31.7 weeks"

[Itsme]

Originally Posted by RANGEREST

I think a few are missing the point here, it has not got anything to do with paying for a Falcon with 24 weeks wages whilst not eating or paying for the utilities, its simply a comparison (affordability study) of the cost of a new Falcon compared to wages over the years.

'Citing vehicle affordability study yesterday, Weber revealed that purchasing a new Ford Falcon (pictured) will take an average wage earner 24 weeks in 2015. This is in marked contrast with 2013 (26.2 weeks) and back in 2010 (31.7 weeks"

And you now know why the second hand market does not sell well, most second hand cars are not worth a cracker any more.

[Spammy]

How much did your first computer cost or first plasma TV cost in ave weekly wage terms?

I'm going out on a limb and assuming you guys own one or both of those items.

[Yellow_Festiva]

Originally Posted by Spammy

How much did your first computer cost or first plasma TV cost in ave weekly wage terms?

I'm going out on a limb and assuming you guys own one or both of those items.

Yep. TV has dropped more compared to computers. I recall marvelling at the flat screen TV at my dentist in roughly 00 or 01, it would have been around 40 inches and I think it cost around 20k at that time.

Now a 40 inch is considered minimum and can be had for several hundred dollars.

[XB GS 351 Coupe]

Originally Posted by Big Damo

Average wage $75K?

Most of the dudes I know are hovering between $38-$50K

How do they eat??

And what do they do?? Collect trolleys at Wollies on a Thursday night??

Seriously even a basic farm had driving a tractor earns more than that, untrained labourer will nearly double your figures. My missus earned double that just tagging bails at the local cotton gin.

I remember earning 38k probably 25 years ago as a labourer in a factory sweeping floors.

[castellan]

Originally Posted by IanC

When you look at the price of second hand Falcons and Mondeos it is even cheaper. Two year old and going for about $17,000. No wonder people don't want to buy a new one with that kind of depreciation.

If you look back in the years we had high inflation, like say 1975 and the 80's people would complain about the new car price going up so much but their year old car sold for about what they bought it for, so they thought that's not so bad, but now if you look at it, is it that bad really with the difference truly in true value wise.

A lot of people just can't get their head around inflation, like selling a house in 1973 and then some clown says that he has made X amount on the house by 1990, but the fool does not understand inflation had a big part in all that, so the clown has not comprehended all that as well when factoring it all in.
He thinks it's all money for jam.

[nstg8a]

Bloody clowns, can't trust em

[castellan]

Originally Posted by nstg8a

Bloody clowns, can't trust em

I would not say that, but they don't have the full picture, and it's that that can be misleading.

People say not to spend money on cars as they are a wealth hazard, well I have a business and the cars make me the money, without them there is nothing to be made, but some don't comprehend that is a fact.
Silly buggers

[mik]

Originally Posted by XB GS 351 Coupe

How do they eat??

And what do they do?? Collect trolleys at Wollies on a Thursday night??

Seriously even a basic farm had driving a tractor earns more than that, untrained labourer will nearly double your figures. My missus earned double that just tagging bails at the local cotton gin.

I remember earning 38k probably 25 years ago as a labourer in a factory sweeping floors.

i suppose where you live may have something to do with it , in the big smoke where theres a que 50 metres long out the door to be a herald boy , employers arent exactly stressed about paying top dollar when for a lacky so many will work for peanuts just to get a weekly wage, out in the sticks no doubt it is the other way around.

[GREGL]

Originally Posted by XB GS 351 Coupe

How do they eat??

And what do they do?? Collect trolleys at Wollies on a Thursday night??

Seriously even a basic farm had driving a tractor earns more than that, untrained labourer will nearly double your figures. My missus earned double that just tagging bails at the local cotton gin.

I remember earning 38k probably 25 years ago as a labourer in a factory sweeping floors.

Perfect example of why companies move to offshore labour if there ever was one! Paying someone 38 grand back then, were you related or having relations with the boss?

[EB#]

Originally Posted by Spammy

My dad bought a XK when they were first released...was equal to one years wages as a school teacher.

He probably bought the first family home with 3 years of wages too, instead of the (approx?) 8-10 years worth required in a major city today.

[andrich]

Look at the WRX. Price hasnt changed since it was launched ($39,990 but it actually DROPPED this year by $1000).
Compare the equipment and technology in the 2016 model and the 1994 and its amazing really

[Windsor220]

If you take the FIFO workers salaries out, the average wouldn't be anywhere near that.

[Sabantien]

Originally Posted by mik

i suppose where you live may have something to do with it , in the big smoke where theres a que 50 metres long out the door to be a herald boy , employers arent exactly stressed about paying top dollar when for a lacky so many will work for peanuts just to get a weekly wage, out in the sticks no doubt it is the other way around.

Damn straight. Unsure about my current job, but in the previous job I had, 450 people applied for it. In between I had applied for another job and missed out (ranked second to the vastly less qualified person already doing the job) and it was around 300 people.

My old boss was An AO5 in the government, what you need to hit 'average' wage, and she was about 2 rungs below the CEO.

If you're in the operational stream (I was OO2 and OO3) you need to hit the top rung, OO7 before you get to average wage.

If everyone is doing so well in the country, definitely not donating a cent to all these struggling farmer things I keep seeing.

[XB GS 351 Coupe]

Not sure where the struggling farmers are, where I live most farmers think they are struggling if they can't buy a new 100K cruiser every 12 months.

I know one farmer who pays out 300K a year for his three kids to go to boarding school, and he is not the only one.

Their kids get 15K quad bikes and dirt bikes for xmas, they all have horses, 40K horse floats, multiple cars each one well worth over 60K. They do work hard, but it is not what I would consider struggling.

[Carrion]

Now takes only 24 weeks average wage to buy a Falcon

But it takes them closer to 30 weeks to manufacture and deliver one.


Yeah Baby!!!

[Itsme]

Originally Posted by XB GS 351 Coupe

How do they eat??

And what do they do?? Collect trolleys at Wollies on a Thursday night??

Seriously even a basic farm had driving a tractor earns more than that, untrained labourer will nearly double your figures. My missus earned double that just tagging bails at the local cotton gin.

I remember earning 38k probably 25 years ago as a labourer in a factory sweeping floors.

I call this B.S. unless you are working well & truly more than 38/40 hour week, how much overtime was involved for your money.

[GasoLane]

Originally Posted by XB GS 351 Coupe

Not sure where the struggling farmers are, where I live most farmers think they are struggling if they can't buy a new 100K cruiser every 12 months.

I know one farmer who pays out 300K a year for his three kids to go to boarding school, and he is not the only one.

Their kids get 15K quad bikes and dirt bikes for xmas, they all have horses, 40K horse floats, multiple cars each one well worth over 60K. They do work hard, but it is not what I would consider struggling.

I don't think he meant the Cotton Farmers where one paddock would be as big (if not bigger) as a 'normal' farm.

[98TLS]

Originally Posted by XB GS 351 Coupe

Not sure where the struggling farmers are, where I live most farmers think they are struggling if they can't buy a new 100K cruiser every 12 months.

I know one farmer who pays out 300K a year for his three kids to go to boarding school, and he is not the only one.

Their kids get 15K quad bikes and dirt bikes for xmas, they all have horses, 40K horse floats, multiple cars each one well worth over 60K. They do work hard, but it is not what I would consider struggling.

A struggling farmer? Only reason i could think of would be when theres nothing to moan about.To much rain/no rain blah blah blah.Cars/bikes etc matter little as a smart or even average accountant can turn anything into a necessity,back in 74 my old man bought when on holiday in Aus back a 351 Cleveland/XYGT dash/shaker etc etc for use in an XY ute...being a farmer with a good accountant it was all tax deductible as it was put down as motor etc for a jet boat to help with mustering where the bottom paddocks met the Conway river We didnt even have a jet boat,old XY was nice though Fwiw will hunt out a pic of the XY ute...oh and a couple of Nortons,both farm bikes and therefore tax deductible Edit,found it,not a great pic of the XY but in 74 the thing was pretty special...not to many of em getting around with 351s in them back then.

[turbo4]

Originally Posted by XB GS 351 Coupe

Not sure where the struggling farmers are, where I live most farmers think they are struggling if they can't buy a new 100K cruiser every 12 months.

I know one farmer who pays out 300K a year for his three kids to go to boarding school, and he is not the only one.

Their kids get 15K quad bikes and dirt bikes for xmas, they all have horses, 40K horse floats, multiple cars each one well worth over 60K. They do work hard, but it is not what I would consider struggling.

Having grown up on a farm, I wish I lived in the same fantasy land as you. I'd be willing to bet that alot of those farmers are up to their eyeballs in debt.

[98TLS]

Originally Posted by turbo4

Having grown up on a farm, I wish I lived in the same fantasy land as you. I'd be willing to bet that alot of those farmers are up to their eyeballs in debt.

Yea but if there clever enough to have a 1/2 decent accountant they will go to there end with nice stuff in the shed.

[SYZ]

Originally Posted by XB GS 351 Coupe

[...] I remember earning 38k probably 25 years ago as a labourer in a factory sweeping floors.

I'm sorry, but I think your memory may be a little unreliable. According to the ABS data for February 1990, the average adult, male, full-time salary was $28,902 per annum. There's NO way you'd be getting $10K more for sweeping floors.

[98TLS]

Originally Posted by SYZ

I'm sorry, but I think your memory may be a little unreliable. According to the ABS data for February 1990, the average adult, male, full-time salary was $28,902 per annum. There's NO way you'd be getting $10K more for sweeping floors.

Mate you actually have the nerve to question a post on the internet its the internet surely it must be real.

[XB GS 351 Coupe]

Nothing special earning $18-20 / hr 25 years ago, any labourer on any building site would have been getting that.

Seriously if you are over 18 and still only getting $20 an hour you are not trying.

[pottery beige]

Originally Posted by XB GS 351 Coupe

Nothing special earning $18-20 / hr 25 years ago, any labourer on any building site would have been getting that.

Seriously if you are over 18 and still only getting $20 an hour you are not trying.

you win tonights bell end award