QUOTE(seantang @ Oct 23 2011, 06:29 PM)
In Singapore, the employer portion of CPF is not included in the job advert also lah.
You're overestimating how many people earn 90-110K in Australia. Actually, it's quite rare. Lots of people earn 60, 70K. Even those who do manual labour. Although I have no statistics, I dare say someone earning 100K and above in Singapore is much higher per capita vs Australia.
Are you sure foreigners now can achieve more than 100k in SG? I heard many foreigners offered 1.8k/month for starters in SG compared in OZ where the starting salary is AUD 3k/month.You're overestimating how many people earn 90-110K in Australia. Actually, it's quite rare. Lots of people earn 60, 70K. Even those who do manual labour. Although I have no statistics, I dare say someone earning 100K and above in Singapore is much higher per capita vs Australia.
QUOTE(Materazzi)
If you leave your money in CPF then it will deteriorate with infaltion to suck up the value of your money.
Does Australia pay a high return on super? That's why most Singaporeans pull out their CPF to buy property.QUOTE(Materazzi)
Will you consider to open saloon/garage in OZ?
Nope. By using your hands, your earning power is limited by your energy, health and number of hours in a day. That's why the Australian average wage is higher than Singapore. Manual workers earn quite a lot, COMPARATIVELY. But there's a very real and low ceiling to their earnings.I also think to get 65k in OZ is faster and easier than in SG where people are too kiasu and SG is over crowded.
I believe OZ will have further growth in the future since they haven't maximised the PPE
In OZ at least you will see no far gap between rich and the poor. Hence, it will be good for the residents.
Of course per capita will be higher since SG has less residents liao
This post has been edited by Materazzi: Oct 23 2011, 06:57 PM
Oct 23 2011, 06:50 PM

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