Originally Posted by
GoldfishMan
Well, what made you think people CAN fund their punting in this ridiculously high inflation environment? Everyone is suffering the same cost of living pressures, mate.
The official inflation rate was 7.8% released a week or so ago, but that’s a very delayed figure. I expect it to top 10% in future readings. Who can continue to get the things/services they’ve been getting when their earnings have not increased at all? Nobody can.
I earn $1300 /day gross. I’d sometimes get side gigs that give me 2 - 3 more billable days per week for a few months in the year. So my average annual gross comes up to about $300k, +- $20k. I think that’s a good income, but even so, I am finding it tough. I can’t imagine anyone with average income around $100k /yr to possibly cope when all factors are included.
No sir, the sex trade industry is in for an awakening. They will be one of the first to feel the pain of reduced consumer spending, I am 100% sure of it.
My solution to the problem is I will completely cut down on punting to only 1 a fortnight maximum, and I am at the same time looking for a way out of Australia. If I find a reasonable paying job in Asia (eg Singapore), I’m outta here. Australia is a sinking ship IMO.