More WA workers expect a pay rise

West Australians expect the biggest pay rises of any workers in the country, believing the global recession is over and the mining boom has arrived.

A report by Westpac has found 14 per cent of West Australians expect a pay rise of at least 8 per cent over the coming year, while another 21 per cent think they’ll get a rise of between 4 per cent and 8 per cent.

It is the highest proportion of workers in any State who think they will be rewarded with a wage rise two or three times the rate of inflation.

And in a sign of the confidence of WA workers, just 0.4 per cent of those surveyed say they will have a pay cut – the lowest proportion of any State. By contrast, more than 6 per cent of South Australians fear they will have their pay cut while just 19 per cent expect a pay rise of at least 4 per cent.

More than 35 per cent of those aged between 18 and 24 expect a pay rise of at least 8 per cent compared to less than 10 per cent of people aged 55-64. While 35 per cent of respondents who earn more than $100,000 a year expect at least an 8 per cent rise, less than half of those earning under $40,000 expect any pay rise.

CommSec chief equities economist Craig James said that despite signs of optimism, Australian consumers were increasingly conservative. While household disposable income had grown almost 8 per cent last year, close to the fastest rate in 19 years, consumer spending had lifted just 2.2 per cent or the slowest in 16 years.

“And then there is the news that 70 per cent of Commonwealth Bank home loan customers are ahead in their loan repayments – making higher repayments than they need to,” he said. “How long this new conservatism continues remains anybody’s guess.”

Source  :  www.thewest.com.au

Advertisement

Read Full Post »

Migration shake-up for WA mining boom

WA will be able to handpick permanent migrants to service the booming resources sector and other areas of critical need under a massive overhaul of the skilled migration program to be unveiled today.

Under the changes, Immigration Minister Chris Evans will revoke and refund 20,000 applications from would-be skilled migrants and instead give top priority to those who are sponsored by employers and States for high-level jobs.

The overhaul is geared towards making Australia’s skilled migration super-responsive to urgent shortfalls in qualified mining and health sector workers, while also tightening permanent visa criteria for overseas students studying courses in low skill occupations.

Senator Evans will immediately abolish the Migration Occupations in Demand List, which gazettes 106 areas of preferred workers, replacing it by April with a more targeted Skilled Occupations List drawn up by the independent Federal authority Skills Australia in consultation with the States and business.

It means doctors, nurses, engineers and high-value professions and trades will have priority over low-skilled workers such as hairdressers and chefs.

In WA, as yesterday’s Olivier Jobs Index showed, the most sought after workers are in engineering, trades and services, and building.

In a marked departure from the existing skilled migration scheme, States will be asked to draw up their own migration plans to allow fast-tracking of applications for migrants sponsored by States or companies for specific jobs.

The bar will be raised for unsponsored skilled migration applicants, with criteria such as proficiency in the English language, work experience and overseas qualifications to be made tougher.

The overall annual skilled migration intake will remain unchanged at 108,100 people.

The changes are likely to have a significant impact on the burgeoning multi-billion-dollar overseas student market where hundreds of thousands of foreign students have come to Australia to undergo trades training, enticed by the prospect of permanent residency.

The Government believes such courses are skewing the migration program, leaving new permanent residents with poor English and little prospect of finding work in their nominated field of expertise.

Foreign students in Australia studying in areas dumped from the new skilled occupation hit list will be given 18 months after completion of their studies to find sponsorship from an employer or sent home.

The Government believes the new regime will help the clampdown on unscrupulous migration agents, many of whom are Indian-based, who con students into believing completion of an Australian course gives automatic entitlement to permanent residence. 

The bar will be raised for unsponsored skilled migration applicants, with criteria such as proficiency in the English language, work experience and overseas qualifications to be made tougher.

The overall annual skilled migration intake will remain unchanged at 108,100 people.

The changes are likely to have a significant impact on the burgeoning multi-billion-dollar overseas student market where hundreds of thousands of foreign students have come to Australia to undergo trades training, enticed by the prospect of permanent residency.

The Government believes such courses are skewing the migration program, leaving new permanent residents with poor English and little prospect of finding work in their nominated field of expertise.

Foreign students in Australia studying in areas dumped from the new skilled occupation hit list will be given 18 months after completion of their studies to find sponsorship from an employer or sent home.

The Government believes the new regime will help the clampdown on unscrupulous migration agents, many of whom are Indian-based, who con students into believing completion of an Australian course gives automatic entitlement to permanent residence.

Source  :  www.thewest.com.au

Read Full Post »

North Beach property tests property market

THIS North Beach property could confirm whether Perth’s struggling real estate market has turned the corner. 

Real estate experts say that during the height of WA’s property boom the 1346sqm ocean-front house on West Coast Drive would have fetched more than $5 million.

It is for auction on Saturday and the selling price will be a strong indication of whether property prices, especially for top-end homes, have started to recover.

Nexus sales consultant Peter Berridge, who specialises in the North Beach area, said the property would have been highly sought after during the 2006-07 housing boom.

“It’s a nice elevated lot, with a nice frontage. It’s got everything going for it,” Mr Berridge said.

“I don’t think it would be an over-exaggeration to think it might have sold for in excess of $5 million (back then). We were going through an era where it didn’t seem to matter what you paid for it, you were always going to make a packet until the proverbial hit the fan.”

Mr Berridge said he believed values had dropped about 40 per cent since the property peak.

“The last sale was 341 West Coast Drive in Trigg that sold for $2.2 million and it was a very choice piece of land _ something like that could have possibly pulled $4 million in 2007 and I can mention lesser blocks that sold for more than $4 million,” he said.

According to Landgate, North Beach has enjoyed solid property value growth in the past decade.
It recorded a 19.4 per cent average annual growth rate in the 10 years to December 2008. It also recorded strong growth last year and was among the Perth metropolitan area’s Top 10 performing suburbs, with a 17.7 per cent jump in median house prices.

But during this period it recorded a low volume of sales activity, with just 19 homes sold.
This could have skewered the statistics.

“There’s no doubt that the market for premium coastal property has come back since the height of 2007,” Real Estate Institute of WA president Rob Druitt said.

“Indications are that the first signs of recovery are starting to come through now, so there’s certainly a unique opportunity for buyers who are (looking) in that market,” he said.

Mr Druitt said it has been a bottom-up recovery, so if the top end was reasonably priced and sold, it could give a good indication that Perth’s entire property market had seen the worst.

Source  :  www.news.com.au

Read Full Post »

Marriage scamming for permanent residency

Immigration to our shores is running at record levels and so too is the boom in illegal immigrants.

Some are scamming permanent residency is to catch and marry single Aussies. Immigration officials are cracking down on fake marriages, but  sometimes impossible to know when love is true or false. 

Over the last ten years spousal visa applications to Australia jumped from 26,000 to 40,000 a year. Many phoney fiancés and spouses were kicked out last year. 

Less than three per cent of applicants are investigated. 

The process requires foreign spouses to live with their partner for two years and they may be tested on their truthfulness by the Bona Fide units, set up in states across the country.

Differentiating between love and fraud is not a given, what we are interested in determining is that the evidence and the paperwork and the documentation put before us is true and accurate that it is not a forged document. 

They’re even more brazen in India where migration agents and internet surfers state plainly what they want, with posts including: “Paper marriage for Australia” and “Looking for a girl to do a paper marriage just to get residency in Australia.” 

The Times of India newspaper detailed how brides and grooms are contracted to marry, just so they can move here. 

If they are operating in India, or in China, or in Canada, or in the UK or anywhere overseas, our laws don’t control their activities

Act, under visa fraud it can include cancellation of the visa, and ultimately removal from the country. In the least we can refuse and we often do in 3000 instances to grant a visa in the last financial year. 

Dob-In Line: 1800 009 623

Read Full Post »