Discussion in 'Emigration Matters [no rep deductions]' started by Ash007, Aug 12, 2011.
reconstruction of female neanderthal and her cleavage.....
artist impression of male and female neanderthals. they were naked, and they shitted freely anywhere they wanted.
White settlers still shitting freely where no thunderbox to be found.
Female white trash also mating freely like rabbits - no Rabbit Proof fence can stop them.
China is the greatest Enron story of our time.
Guess the aussies fell for it as they r hard up for ah tiong investments
[h=1]IMF downgrades growth forecasts, highlights China housing concerns[/h] By AM business editor Peter Ryan
Updated <time title="Wed 8 Oct 2014, 12:20pm" class="relative " datetime="Wed Oct 08 2014 12:20:42 GMT+0800" data-format="l">about 9 hours agoWed 8 Oct 2014, 12:20pm</time>
Photo: The IMF has again lowered its forecasts for global economic growth. (Jonathan Ernst: Reuters)
The International Monetary Fund has again downgraded its forecasts for global economic growth.
The revisions coincide with bad news about Germany's economy and an array of international problems, including Ebola.
Investors on Wall Street ran for the exits when the IMF also warned of a possible correction on financial markets.
The IMF says the risks of an equity price correction this year have risen, and that is consistent with concerns the IMF sees that some valuations could be "frothy", in other words unsustainable.
The fund did not name any particular market, but the comments were enough for big investors to take the hint that it might be time to sell and the Dow Jones Industrial Average dived and closed 272 points, or 1.6 per cent, weaker.
The other factor here was gloomy news about Germany where industrial production dropped by 4 per cent in August and that's the biggest decline since 2009 in the height of the global financial crisis.
So that has made investors very nervous, given that Germany has really been underwriting the euro area where growth is still flat-lining as a result of the eurozone debt crisis.
Not surprisingly, markets across Europe - in particular France, Germany and Spain - all closed deeply in the red.
**********: Perpetual's economist Matt Sherwood speaks with AM business editor Peter Ryan
The IMF now thinks the world economy will grow by 3.8 per cent next year compared to a forecast back in July of 4 per cent.
Six years after the global financial crisis the world is still struggling to recover in many parts and this was underscored just last week by the IMF's managing director Christine Lagarde who said the world should expect a "new mediocre" in growth rather than a "new normal".
Given some very big global geopolitical worries - Ukraine, Iraq, Syria, Hong Kong and also the spread of Ebola - expectations need to be managed, according to the IMF's chief economist Olivier Blanchard.
"The recovery continues, but it is weak and it is uneven. So we forecast world growth to be 3.3 per cent in 2014, this is down 0.1 per cent from our July forecast, and 3.8 per cent in 2015, which is down 0.2 per cent from our July forecast," he said.
"Now these are small revisions, but they are small revisions starting with already fairly low numbers.
[h=2]IMF concerned with Chinese housing, not Australia[/h]The outlook for Australia remains on track, and in line with Treasury forecasts of 2.8 per cent this year and 2.9 per cent in 2015.
The IMF says a pickup in exports should offset any waning mining investment and the iron ore price is back above $US80 a tonne this morning, but that is still well below expectations of around $US100 built into the budget.
**********: AM business editor Peter Ryan examines the IMF report
The IMF also mentions booming housing prices, and that in Australia the rises have been restricted to Sydney, Melbourne and Perth and are related to low supply.
The fund notes that the price rises have not been linked with a large increase in indebtedness, with moderate credit growth.
However, there is a bigger concern about China where the IMF says the challenge is to manage a real estate slowdown to prevent it becoming a crash.
"The most notable case is China, where the challenge is to allow for the necessary correction in real estate markets while preventing an excessively sharp slowdown," it noted in its report.
"In larger cities in China, house prices show signs of overvaluation relative to fundamentals despite measures aimed at restricting speculative demand."
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Have a friend who is planning on emigrating to OZ and according to him, once he gets his PR, his children's education will automatically be free from primary to tertiary education. Is the OZ govt so generous? If not, what's the catch? That's like the most generous treatment towards PRs for any country.
Depends private/public, tertiary is not exactly free, but more or less interest free loans. We treat all PRs the same, except for passport, jury duty, and certain jobs.
Yeah, he was referring to public school, interest-free loans? He was under the impression that it's totally free..
For public schools, primary till high, there is a yearly, school maintanance fee, it depends on the school, usually less then $500. Tertiary, depends on course, via HECS-HELP, looks like they removed that for PR.
Guys, let's say that one already has 60 points from the points assessment, without claiming points for nominated SOL, is there any category of visa to apply for?
Also, what does a business graduate without work experience, (business owner) apply under the SOL list, but own business is relevant to I.T?
Separate names with a comma.