How Times Have Changed 2002 to 2011

How times have changed since I returned to Australia.

Australian Dollar Value against the British Pound

31st July 2002 2.8985
31st July 2011 1.4934

Australia Minimum Wage

July 2002 $431.40 per week or £148.84
July 2011 $589.30 per week or £394.60
Up 37% in Australian terms or 165% after UK Conversion

Australia Average Adult Full Time Wage

Nov 2002 $ 923.30 or £318.54
Nov 2010 $1,325.00 or £887.24
Up 44% in Australian terms or 179% after UK Conversion

Sydney Median House Price

Sept 2002 $413,000 or £142,487.49
Sept 2010 $595,000 or £398,419.71
Up 44% in Australian terms or 180% after UK Conversion

Brisbane Median House Price

Sept 2002 $198,000 or £68,311.20
Sept 2010 $460,000 or £308,021.96
Up 132% in Australian terms or 351% after UK Conversion

UK Median House Price

Sept 2002 £110,830 or $321,240.76
Sept 2010 £167,354 or $249,926.46
Up 51% in UK terms or down 22% after Aus Conversion

UK Average Weekly Earnings (All)

Nov 2002 £342 or $991.29
Nov 2010 £443 or $661.58
www.statistics.gov.uk/STATBASE/Product.asp?vlnk=14015

UK Average Adult Full Time Wage

April 2002 £423 or $1,226.07
April 2010 £499 or $745.21
www.statistics.gov.uk/cci/nugget.asp?id=285
www.ukagriculture.com/uk_farming.cfm

All 2002/03 figures are converted at the 31st July 2002 rate
All 2010/11 figures are converted at the 31st July 2011 rate

GBP-AUD 31st July 2011

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