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there are no barriers to financial analysis work other than getting into the country

No, you can be a smart tradie but you cant be a dumb rocket scientist. different economies reward different skill sets, simple as that

most people on poor $'s when they start. at least tradies get paid whislt they learn. how much does an accountant earn whilst studying? protectionism. Accounting profession is flooded with foreigners which is why it is such a low paid profession. Try converting your foreign trade skills tho...

if you want another scapegoat for high house prices look at the unions and trades. Australian society is very flat as far as wealth distribution goes and when you buy a house you are effectively donating to this wealth redistribution model. It's why trades can earn as much as doctors and it is...

this is just the conundrum that the nation faces. the RBAs major mandate is to control inflation. last boom they did state that they may let inflation run a little hotter in future, but in the end manufacturing and services in this country must be 'creatively destroyed' because we are one nation...

Not sure what the point is here... obviously the south east for now. what;s that got to do with inflation?

resoures boom

my first place was 2.5 times. This 4.5 times ratio is fairy land... commonsense says it is currently about 8 - 10 times. And this is just on median property - what I bought as a median property in 1990 is now considered quite close in. A median house currently is miles out in a sandpit...

we are going thru a massive global shake out and the huge run up of credit of the last 20 or so years has collapsed. Is it any wonder the market is 'a little spooked'?