Re: REDS STADIUM UPDATE PICS..... : Sat Apr 09, 2011 12:46 pm  

JB Down Under wrote:

no pounds!! The budget for the new East stand is $86mill!! I know tradies in Perth charge an arm and a leg but I am still trying to figure out how one stand can cost that much??

ps The Aussie $ is killing the pound and Euro, which is great news for us Aussies about to head to Europe on holiday!

Im not having any of that pal, show me proof then i'll believe but until then i can't see how one stand would cost that much unless its made out of solid gold.

Re: REDS STADIUM UPDATE PICS..... : Sat Apr 09, 2011 4:48 pm  

It will be a big stand (holding around 14,000). Total redevelopment of stadium is estimated to be going to cost $260million! http://www.nibstadium.com.au/news/state ... evelopment The new $82.5 million eastern stand at Perth's rectangular stadium..... http://www.ausleisure.com.au/default.as ... splay=True Here's some video footage of what the ground looks like at the moment. http://media.brisbanetimes.com.au/nib-s ... 16626.html Artists impression of the new East stand.

It will be a big stand (holding around 14,000). Total redevelopment of stadium is estimated to be going to cost $260million! http://www.nibstadium.com.au/news/state ... evelopment The new $82.5 million eastern stand at Perth's rectangular stadium..... http://www.ausleisure.com.au/default.as ... splay=True Here's some video footage of what the ground looks like at the moment. http://media.brisbanetimes.com.au/nib-s ... 16626.html Artists impression of the new East stand.

Re: REDS STADIUM UPDATE PICS..... : Sat Apr 09, 2011 10:02 pm  

RED LEAGUE wrote:

Im not having any of that pal, show me proof then i'll believe but until then i can't see how one stand would cost that much unless its made out of solid gold.

hes right

cant believe the cost myself

Re: REDS STADIUM UPDATE PICS..... : Sat Apr 09, 2011 10:13 pm  

JB Down Under wrote:

ps The Aussie $ is killing the pound and Euro, which is great news for us Aussies about to head to Europe on holiday!

It can't be killing the pound as by your own figures £1 = around $1.5Aus.
Infact the currect exchange rates are as follows.
1 GBP = 1.55015 AUD
1 AUD = 0.64510 GBP.
My £1 would buy 1.5 of your shares.
Your $1 would buy 0.64 of my shares.

Re: REDS STADIUM UPDATE PICS..... : Sun Apr 10, 2011 4:52 am  

Roverswall wrote:

It can't be killing the pound as by your own figures £1 = around $1.5Aus.
Infact the currect exchange rates are as follows.
1 GBP = 1.55015 AUD
1 AUD = 0.64510 GBP.
My £1 would buy 1.5 of your shares.
Your $1 would buy 0.64 of my shares.

It's all relative though. if I earnt $10 an hour (4 pound an hour) in 2006 and I now earn $10 an hour it is worth 6.50 now. For an Aussie coming on holiday or buying goods from overseas it is brilliant! My $5000 spending money got me 2000pound last time I was back, just changed the same and got 3,300pound. That's quite a few more pints of John Smith's and chip butties!!

Re: REDS STADIUM UPDATE PICS..... : Sun Apr 10, 2011 9:34 am  

JB Down Under wrote:

It's all relative though. if I earnt $10 an hour (4 pound an hour) in 2006 and I now earn $10 an hour it is worth 6.50 now. For an Aussie coming on holiday or buying goods from overseas it is brilliant! My $5000 spending money got me 2000pound last time I was back, just changed the same and got 3,300pound. That's quite a few more pints of John Smith's and chip butties!!

You get more I agree but I would never call it killing the pound as the GBP is still far stronger, Infact the GBP has been strong against most currencies for as long as I can remember.
I would call it more of a slight recovery by the AUD.

Re: REDS STADIUM UPDATE PICS..... : Sun Apr 10, 2011 9:37 am  

Nope it is killing it, relative to historical rates of the two currencies. The pound is weak, the AUD is strong. If your a currency trader that is how they would rate it. It's even better against the US$, America on holiday next year!

Re: REDS STADIUM UPDATE PICS..... : Sun Apr 10, 2011 9:41 am  

JB Down Under wrote:

Nope it is killing it, relative to historical rates of the two currencies. The pound is weak, the AUD is strong. If your a currency trader that is how they would rate it. It's even better against the US$, America on holiday next year!

If the AUD was so strong and the GBP so weak they would be around 1-1 , That isn't the case.
Recovered, Decent, yes.
Killing, no.

Re: REDS STADIUM UPDATE PICS..... : Sun Apr 10, 2011 1:13 pm  

Anyway roverswall , where is this extension to the stand we were told had been started ? , I didn't see much evidence of building work on the TV last night

Re: REDS STADIUM UPDATE PICS..... : Sun Apr 10, 2011 2:53 pm  

Starbug wrote:

Anyway roverswall , where is this extension to the stand we were told had been started ? , I didn't see much evidence of building work on the TV last night

You didn't see the earth cleared away and trenches had started to be dug then?