Income during Covid survey

Discussion in 'Property Market Economics' started by einentiva, 15th Jun, 2020.

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  1. einentiva

    einentiva Well-Known Member

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    With all the talk about skyrocketing unemployment and underemployment how has everyone's income stacked up compared to pre-covid.

    I will start off allied health professional
    Income at 60% of pre-covid. Hopefully will be going to 80% over the next 3 months.
     
    einentiva, 15th Jun, 2020
    #1
  2. Biggbird

    Biggbird Well-Known Member

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    Unchanged.
     
    Biggbird, 15th Jun, 2020
    #2
  3. Jezzah

    Jezzah Well-Known Member

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    Unchanged
     
    Jezzah, 15th Jun, 2020
    #3
  4. Frosty123

    Frosty123 Well-Known Member

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    Unchanged
     
    Frosty123, 15th Jun, 2020
    #4
  5. jared7825

    jared7825 Well-Known Member

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    Unchanged
     
    jared7825, 15th Jun, 2020
    #5
  6. SydneytoMelbourne

    SydneytoMelbourne Well-Known Member

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    I'd say at least half of my friends have been in some way effected though
     
    SydneytoMelbourne, 15th Jun, 2020
    #6
  7. Redwing

    Redwing Well-Known Member

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    Around -22% per month
     
    Redwing, 15th Jun, 2020
    #7
  8. Joynz

    Joynz Well-Known Member

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    You could add a poll to make it easier...
     
    Joynz, 16th Jun, 2020
    #8
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  9. Lions4Eva

    Lions4Eva Well-Known Member

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    Melbourne
    Up 10%.

    So I lost my job in late March and was probably one of the luckier ones to find new employment.

    ...And that new opportunity translated into higher pay and closer to my home!
     
    Lions4Eva, 16th Jun, 2020
    #9
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  10. skater

    skater Well-Known Member

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    Sydney? Gold Coast?
    Income from rents = unchanged
    Income from dividends = small drop
     
    skater, 16th Jun, 2020
    #10
    Islay likes this.
  11. spludgey

    spludgey Well-Known Member

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    Location:
    Sydney
    Salary: unchanged, but likely no raise in two weeks.
    PI income: unchanged
     
    spludgey, 16th Jun, 2020
    #11
  12. lynchy

    lynchy Well-Known Member

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    Location:
    Perth > Melbourne > Sydney > London > Sydney
    Salary - 20% reduction
     
    lynchy, 16th Jun, 2020
    #12
  13. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    Wage +35%
     
    ollidrac nosaj, 16th Jun, 2020
    #13
  14. einentiva

    einentiva Well-Known Member

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    Hi guys, thanks for the replies. Keep them coming! I should point out I took into account one of my pain in the ass iP being vacant into the equation too
     
    einentiva, 16th Jun, 2020
    #14
  15. Casteller

    Casteller Well-Known Member

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    Barcelona, Spain
    Income down 60% +, tourists gone, dividends down, Australian tenant 30% rental cut.
     
    Casteller, 16th Jun, 2020
    #15
  16. Jezzah

    Jezzah Well-Known Member

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    I would be lucky amongst the friends I know. There have been a bunch that were furloughed, lost clients, or were closed by the restrictions. Times are tough for them.
     
    Jezzah, 16th Jun, 2020
    #16
  17. Poppy

    Poppy Well-Known Member

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    My manager husband working for large corporation had to agree to 20% reduction and they’re not easing that anytime soon in order to get their books into shape

    I’m a casual teacher, see it as a hobby but used to making $400/day at the local high. Since covid there’s no work and casuals were sadly not eligible for job keeper as the DET is government not private. Private colleges gave their teachers job keeper.

    Everyone I know have been affected in some way. Mostly forced 15-20% pay cut or no work

    Our tenants moved as they no longer needed to be close to the CBD but I was lucky to replace them immediately.

    Bank gave us 6m relief, I’m getting 20k super to put into my building fund.
     
    Poppy, 16th Jun, 2020
    #17
  18. The Y-man

    The Y-man Moderator Staff Member

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    Melbourne
    My job - unchanged for now, but expected to be hit bad from August (Higher Ed).

    Wife's job - unchanged

    Shares - dividends have evaporated

    Comm prop - shopping centres probably down 100% (coming back now), offices no change

    The Y-man
     
    The Y-man, 16th Jun, 2020
    #18
  19. albanga

    albanga Well-Known Member

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    Unchanged

    We do pay reviews in August though and over the past 3 years I have had some significant increases. Not holding my breathe for one this year. Will be lucky to get CPI I reckon.
     
    albanga, 16th Jun, 2020
    #19
  20. Gen-Y

    Gen-Y Well-Known Member

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    Location:
    Brisbane - Sydney
    Job - same as before
    IP rent - same as before
    Super - down 20%
    Side Hussles - up 50%
     
    Gen-Y, 16th Jun, 2020
    #20
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