Today sees the launch of a new category on BobinOz. It’s called the Cost of Living in Australia. It strikes me that anybody interested in coming to live in Australia permanently, would be very interested in knowing how much it costs to live here. Call it a hunch.
If you are looking for a short and quick answer to that question, here it is. Some things are cheaper, a lot cheaper. Some things are dearer, a lot dearer. But for the average consumer, buying average things in average quantities (whoever that person might be), the bottom line is your outgoings here will not be too much different from your outgoings in England.
But I suspect you may just want a more detailed answer than that, which is why I have started this new category. And today’s subject?
The price of petrol in Australia.
The quirky thing about the price of petrol in Australia is best explained with these two photographs.
Now I would like to show you the price of petrol (unleaded – February 2009) as monitored by me, over a period of one week.
If I had monitored it for one month, you will have seen exactly the same pattern as above repeat itself four times. The patterns of ups and downs is as predictable as that roller coaster. Petrol here is always cheapest on a Wednesday and it always gets more expensive as the weekend approaches. By Friday and Saturday consumers may as well hold both their hands up in the air as if they are being robbed. Just like on the roller coaster.
But of course, we are not being robbed as much as those of you who live in the UK. Our petrol is almost, but not quite, half the price of petrol in England. On the other hand if you are reading this from Iran, where it is about 8 cents per litre, you will at last have something to cheer you up.
And talking about 8 cents per litre, that’s how much petrol is due to rise by here tomorrow. The first of July marks the beginning of the new financial year here in Australia and with it the implementation of the Queensland government’s new budget.
Apparently, the eight cents a litre was a subsidy which the government has decided to cut due to the fact they are now almost skint. Other fundraisers for them are an additional 20% on the cost of car registrations, a 15% increase on the cost of electricity and an average 10% increase on rates.
Anyway, back to the petrol. I monitored the price today – Tues 30th – it was $1.199. So already 10 cents up on four months ago. With the subsidy gone and the Dick Turpin effect coming into play on Saturday, I predict prices will hit $1.45 per litre at the weekend.
Everyone here will be moaning about the price of petrol, but not me. After paying English prices for 30 years I know when I am well off. As for my new category, the Cost of Living in Australia, the battle has begun.
And it’s round one to Australia.