In Malaysia ---------------1973 ------------2008
Japanese Car 1.3litre -----RM7,000 ----- RM60,000
House --------------------RM45,000-----RM300,000
Total ---------------------RM52,000---- RM360,000
Net Salary (engineer) pm-- RM1,000------ RM2,000
Yrs to pay back --------------4.3 yrs -------15 yrs
Hmmm..... did our standard of living improved over the last 35 years? What about education? What about medical? What about transport? Where did all the money gone?
Mc Donald in Malaysia RM3.00 per hour x 8 hrs x 25 days = RM600 per month
Gloria Jeans in Australia AUD14 x 8 hrs x 25 days x 2.7 conversion = RM7,840 per month
So, in Australia, they make about 13 times more than Malaysian, cars is about 25% cheaper, house price similar to Malaysia.
Japanese Car 1.3litre -----RM7,000 ----- RM60,000
House --------------------RM45,000-----RM300,000
Total ---------------------RM52,000---- RM360,000
Net Salary (engineer) pm-- RM1,000------ RM2,000
Yrs to pay back --------------4.3 yrs -------15 yrs
Hmmm..... did our standard of living improved over the last 35 years? What about education? What about medical? What about transport? Where did all the money gone?
Mc Donald in Malaysia RM3.00 per hour x 8 hrs x 25 days = RM600 per month
Gloria Jeans in Australia AUD14 x 8 hrs x 25 days x 2.7 conversion = RM7,840 per month
So, in Australia, they make about 13 times more than Malaysian, cars is about 25% cheaper, house price similar to Malaysia.
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