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KEN 24T

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  • Bob the Freaking Builder
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  • Member For: 15y 1m 29d
  • Gender: Female
  • Location: SA

I could be wrong I just heard it on a report not long ago but it took into account rent utilities etc etc

As I said just what I saw no need to get snappy

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  • Sucker
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  • Member For: 20y 6m 17d
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  • Location: Brisbane

THREE Australian cities are now rated as more expensive than London, with the strong dollar and steep rents blamed for the high cost of living.

Sydney, Melbourne and Perth now rank among the world's 19 most expensive cities, while London dropped to 25th spot, according to the 2012 Mercer Worldwide Cost of Living Survey, used by companies to determine pay, loadings and benefits for far-flung employees.

The top three Australian cities for cost lagged behind Tokyo and Luanda, capital of oil-rich Angola, while Osaka and Moscow rounded out the four most costly cities.

Sydney jumped to No.11 in the survey from No.14 last year, ahead of Sao Paulo and Rio de Janeiro.

Melbourne jumped to 15th from No.21, ahead of Beijing and Shanghai.

''Cities in Australia and New Zealand witnessed some of the biggest jumps, as their currencies strengthened significantly against the US dollar,'' said Nathalie Constantin-Metral, who oversaw compilation of the list.

"Demand for rental properties has also increased in all the Australian cities we rank. Coupled with very limited availability, the result has been very tight markets and increased prices."

Perth soared 11 places to No.19 in the year as the mining boom pushed up costs across the board.

Canberra leapt to 23rd place from 34th within one year, while Brisbane rose to 24th from 31st.

Adelaide surged the fastest, climbing to 27th from 46th.

Australian cities are among the most expensive to live and do business in. Housing remains among the most unaffordable in the developed world, says the anti-planning group Demographia.

The Economist also ranks Australia as having among the most overvalued property markets.

Over the 12 months to June, the Australian dollar has traded between US95¢ and $US1.10, well above its long-term average, amplifying costs for foreigners.

Mercer, a global financial services and recruitment group, ranked 214 cities according to their comparative costs of transportation, food, and housing in US dollars. Karachi came 214th.

Read more: http://www.smh.com.au/business/sydney-cost-of-living-tops-london-20120612-208bo.html#ixzz2I6Q62Kbf

Anyone know what the story is with today's google doodle? Is keeping my colleagues amused for hours.

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  • Bob the Freaking Builder
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  • Member For: 15y 1m 29d
  • Gender: Female
  • Location: SA

Omg funny when u watch some customers out on the yard looking at a Mitsubishi colt...

Funny coz the chick was trying her hardest to get into the car and he fat ass barely fit hahahah

Salesman was like.... "um maybe something a little bigger?" lmao

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  • I <3 Floods
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  • Member For: 13y 3m 10d
  • Gender: Male
  • Location: South West QLD

Just had stone grill wagyu steak and scallops.. With chips.. And 2 schooners of Asahi for lunch..

I really think bed sounds like a great idea!!

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