Tough Times?

So it seems things are reaaaallllly slowing out there in the business and job world for WA.  Whats the tale of woe from your work site at the moment?

It's cost cutting central around here; cars, contractors and any small expense that once would have been no issue.

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collin g wood's picture

Posts: 313

Date Joined: 18/04/11

.

Thu, 2015-02-12 07:09

Can't get my iPad to play movies for some reason, just gotta sit back and watch the rods go round and round and round, bored shitless.

sea-kem's picture

Posts: 14857

Date Joined: 30/11/09

 My main oil and gas client

Thu, 2015-02-12 07:14

 My main oil and gas client has clamped up, just trickle of work from them. So having to hunt for work in other areas. It'll get worse before it gets better.

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Love the West!

seaswirl's picture

Posts: 268

Date Joined: 29/08/10

concrete

Thu, 2015-02-12 07:16

 I deliver concrete. I have had a 30% decline since November. ...

Posts: 908

Date Joined: 06/05/12

Just been made redundant,

Thu, 2015-02-12 07:32

Just been made redundant, looking for another mining job !

tot's picture

Posts: 1149

Date Joined: 31/01/10

a/c land

Thu, 2015-02-12 07:47

Definitely not as many wall splits being sold this summer. I know a few company's are having record low sales and installs. Im glad 70% of my work is ducted sold during sign-up for builders.
People don't want to part with the $$ this summer.

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Reverse cycle a/c supply and install - Ducted and wall splits

Vinesh87's picture

Posts: 2751

Date Joined: 02/04/11

 Dunno, i cant manage a day

Thu, 2015-02-12 07:56

 Dunno, i cant manage a day off. Hectic in the shopfit/bank jobs!

Posts: 2946

Date Joined: 03/03/10

bank jobs vinnie???

Mon, 2015-02-16 20:29

bank jobs Vinnie does that involve balaclavas ????

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

 I work for an offshore

Thu, 2015-02-12 07:57

 I work for an offshore drilling company, in Supply Chain and you can always tell when there is a slow down when the companies that you stopped using due to shit service call up and want to know why you are no longer ordering from them.

 

It is amazing that when it is busy, a company that we had a $1m account with became rubbish. We stopped using them and it took 6 months for them to call and find out what is wrong?

re-sent the complaint emails from mid year and they try to fix things.

 

The worst thing a supplier can do is make you look elsewhere, and find someone who needs you on their books...

 

Posts: 1097

Date Joined: 19/06/14

Business is good..

Thu, 2015-02-12 08:45

 Being a bottom feeder and selling coffee for a living is going well. Peeps won't think about not having their morning wake up hit.... Yet they'll think twice about spending on bigger items.Get em hooked on good coffee n great service makes for win win situation.

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 My wife understands why I clean my rods n reels in the shower....

 

devhay's picture

Posts: 328

Date Joined: 27/10/14

 You're onto a winner there

Thu, 2015-02-12 08:53

 You're onto a winner there not a day goes by that I don't buy myself a coffee or two

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devhay's picture

Posts: 328

Date Joined: 27/10/14

Yeah our  company has just

Thu, 2015-02-12 08:53

Yeah our  company has just downsized a fair bit and going back to our bread and butter jobs rather than the big projects that have all seemed to slow down over the last year.
The tenders all seem to be starting to come out again now though and people are starting to build again so I don't think it'll be long before the construction around Perth picks right up again

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Posts: 4563

Date Joined: 01/02/10

 Could see the decline

Thu, 2015-02-12 09:07

 Could see the decline happening so dropped the mining construction side and hopped over into specialised maintenance. Only 2 of us on site and the client doesn't know how to do our job so should be safe for a few years until things fire up again. 2 and 2 roster will make it a bit easier to get some fishing in and should really finish sorting the backyard out after years of working solid.

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Does anyone know where the love of god goes, when the waves turn the minutes to hours?

fishcrazy's picture

Posts: 1235

Date Joined: 27/01/07

hours cut

Thu, 2015-02-12 09:38

we got put on 7hrs a day but might get worse yet think a career change might be in order

Posts: 1097

Date Joined: 19/06/14

Watch dem back yards

Thu, 2015-02-12 09:38

 spent some time in mine yesterday. Ended up drinking waaay too much. Long story short the steak sammies I cooked at one o clock this morning tasted mighty fine ( everything is always a little better when you're a little toasted ) Wife took great pleasure in waking me up this morning to ask me how my late night cook up was... Hangover surprisingly good. Now where's brekkie?

 

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 My wife understands why I clean my rods n reels in the shower....

 

Dale's picture

Posts: 7930

Date Joined: 13/09/05

Thu, 2015-02-12 09:42

 I'm seeing more and more guys going for the same positions in OH&S these days as redundancies hit. Safety and Training departments always get culled first because they don't make companies any money, they're just a nice to have, but when push comes to shove, bye bye safety and training. I'm probably averaging 2 weeks work a month. 

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"Just because you are a Character, Doesn't mean you have Character."

Mr Wolf

 

 

Posts: 2946

Date Joined: 03/03/10

oh yes so right

Mon, 2015-02-16 20:56

all the oh&s department's go first , and why? because they are usually the blokes that cant cut it on the workshop floor . what they do is a course to get out of the workshop and turn into Minnie hittlers that spout shit they didn't believe in 2 years earlier, I always thought the useless tradesman were made planners , but now they are made safety blokes who have there safety bible in their hand
Now to the point why are OHS being got rid of , as I said at a supervisors meeting when I was at RIo "sooner or later a GM will say this OHS is out of control " he will be sacked (it happened) then I said " ten years later a GM will say OHS is out of control , he will cull them " and get praised for sawing millions of dollars it happened

Posts: 5745

Date Joined: 18/01/12

Hope you dont hurt Adams

Mon, 2015-02-16 21:11

Hope you dont hurt Adams feelings there Peter

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 Give a man a mask, and he'll show you his true face...

 

 

The older you get the more you realize that no one has a f++king clue what they're doing.

Everyone's just winging it.

 

Adam Gallash's picture

Posts: 15610

Date Joined: 29/11/05

Lol

Tue, 2015-02-17 07:04

You obviously haven't read many of Peter's posts Rob.. :)

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Dale's picture

Posts: 7930

Date Joined: 13/09/05

Tue, 2015-02-17 15:19

 I've been on sites where the safety dudes are the 2nd most hated people on site. I am an OH&S professional and I refuse to be like those guys. We even have HSEQ's in our industry like that, but I get exactly the same results as they do, but I speak to people how they want to be spoken too, I don't ram crap down their throats. I don't believe in a blaming culture. My message always gets through, I've been around the block more than once, And I only got into Safety because my bodies shot after 30 odd years of pretty physical work in mining, refining and power generation. 

____________________________________________________________________________

"Just because you are a Character, Doesn't mean you have Character."

Mr Wolf

 

 

Lastchance's picture

Posts: 1272

Date Joined: 02/02/09

Didn't you get hurt on a mine

Wed, 2015-02-18 15:18

Didn't you get hurt on a mine site, Pete?

Posts: 2946

Date Joined: 03/03/10

yes i did

Wed, 2015-02-25 21:15

yes I did had the jsa , ptw , correct isolations , but if a dickhead does exacly what he is told not to do no amount of paper work will not save you (another words I said don't turn that bottle of nitrogen on until I tell you and then he turns it on then huge explosion )he was supposabley an instrument engineer with a degree from india . he was usless and nearly killed me , just ask pale ale a member of this site am I cranky yes I am , I should be at the peak of my working carrier but because of that usless F2222 I am not

Posts: 2946

Date Joined: 03/03/10

that said indian

Wed, 2015-02-25 21:30

he also pissed of back to india before my injury court case and couldn't be found , Worksafe what a useless bunch , didnt investigate, if there is a fracture or amputation at in the workplace they are supposed to investige I had over 12 fractures to my left hand and arm my left thumb was hanging on by a bit of skin and i had a shattered elbow , work safe didn't want to know even thou I reported it my self , the employer never reported it , their words to me your not dead are you (Worksafe)

GGs's picture

Posts: 330

Date Joined: 06/09/14

Medical research is a brutal

Thu, 2015-02-12 10:11

Medical research is a brutal profession to begin with and its only getting harder.

The majority of our money/funding comes from a federal government funding body called the NHMRC and in 2014 the national success rate for obtaining funding was 16.5%. If you are one of the lucky ones this funding generally lasts 3 years, yet you still have to apply each year to keep the lab afloat. For this reason most reasearchers have job security 3 years at a time. Scary thought when your a PhD student considering whether to dedicate your lifes work to medical research.

Im lucky enough to be in a successfull lab due to a few big names here but that still doesnt make it easy... work doesnt stop when you get home so your constantly working and the total cost of my annual scholarship is less than what my brother earns in 10 weeks on the mines.

Posts: 43

Date Joined: 07/07/12

 Working in civil

Thu, 2015-02-12 10:21

 Working in civil construction we are not too badly placed at the moment. With MRWA being our biggest client there is always work coming out to tender on, then it is on us to win it. Nicely placed on the Kwinana Fwy widening at the moment and that will keep us safe until June at least, then hopefully going straight onto Mitchell Fwy extension if all goes well!

However have a few mates working for LOR and just got made rudundant up at Joy Hill - but that is more Samsungs / LOR's fault than the market at the mo! 

strike_zone's picture

Posts: 403

Date Joined: 09/09/10

Safe

Fri, 2015-02-13 12:48

 Not trying to take the piss to much but the speed at which roadworks are done around Perth especially the recent freeway widening work you guys jobs should be safe for years to come i still cant fathom why it takes so long

Posts: 43

Date Joined: 07/07/12

 A very common

Wed, 2015-02-18 13:23

 A very common misconception...there is substantially more to widening a road than simply slapping down some pavement. You have service location, then rleocation, clearing & grubbing, bulk earthworks, sub base import, sub grade prep, then asphalt then roadside furniture then line marking etc etc. If it could be done quicker trust me it would be as it means we would make more money, simple as that! We will be finished out here on Kwinana by June so thats 10 months to add 2 brand new lanes including a bridge widening over a 5km stretch that includes 3 High Pressure gas mains which is you have any inkling into dealing the HP gas and Atco is no mean feet!....not too bad at all! 

tot's picture

Posts: 1149

Date Joined: 31/01/10

Hi Italisistem

Thu, 2015-02-12 11:00

How far north is the freeway extension going to get to?

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Reverse cycle a/c supply and install - Ducted and wall splits

Posts: 43

Date Joined: 07/07/12

 Mitchell Freeway? It will

Wed, 2015-02-18 13:24

 Mitchell Freeway?

 

It will extend from Burns Beach Rd to Hester Ave...and include upgrade to wanneroo rd. 

 

go to www.mrwa.wa.gov.au and look it up, lot of info on it there. 

sunshine's picture

Posts: 2555

Date Joined: 03/03/09

And Atlantic Vanadium went into admin yesterday

Thu, 2015-02-12 11:20

Only the tip of the iceberg - our office sent all their small admin work to be handled offshore (phillipines) - thank goodness I only have 10 months before early retirement I really feel for those with a mortgage - scarey times that is for sure !   

grantarctic1's picture

Posts: 2546

Date Joined: 03/03/11

Last year

Thu, 2015-02-12 11:57

Last year was the worst for me in 20 years of bussiness . 3 years ago you couldn't rent a factory in Bayswater, now they are empty and rent rates are being reduced to try and get people into them.

I get 90% of my work from one client, there were 5 fabricators involved and now i'm the only one left. They all shut the doors and sold up.

I nearly packed it in myself but when the work started to come in ( nov 2014 ) I ended up having to fill the void from the other fabricators and am flat out again.

I dont understand why the economy has to be such a rollercoaster ride. It dosent seem to matter who is in government none of them can get it right. Australia should be in a great possition and have a steady economy for all, but is seems the polititions are the only ones who make a good living .

Posts: 6265

Date Joined: 26/04/14

 

Thu, 2015-02-12 12:11

 

Saulty2's picture

Posts: 644

Date Joined: 28/05/10

in same situation

Mon, 2015-02-16 16:51

office space vacancy all time high & asking rental going down on a daily basis  

Jayden20's picture

Posts: 672

Date Joined: 29/08/11

 Im in need off an advamced

Thu, 2015-02-12 12:46

 Im in need off an advamced scaffy but also needs to be mechanicaly minded and happy to jump on a broom if asked to

Adam Gallash's picture

Posts: 15610

Date Joined: 29/11/05

Job and wage cuts - hiring freeze

Thu, 2015-02-12 13:32
Dale's picture

Posts: 7930

Date Joined: 13/09/05

Thu, 2015-02-12 14:49

 BP have announced today some 160 jobs being cut at Kwinana Refinery.

____________________________________________________________________________

"Just because you are a Character, Doesn't mean you have Character."

Mr Wolf

 

 

Bodie's picture

Posts: 3758

Date Joined: 05/11/07

Worth noting times are

Mon, 2015-02-16 16:39

Worth noting times are changing when it comes to oil and Petrol.

All Refineries will be turning into receiving terminals only and refinery work will be going offshore... simple matter of numbers.

Willlo's picture

Posts: 1490

Date Joined: 07/10/11

 The lower the $ drops the

Thu, 2015-02-12 14:59

 The lower the $ drops the busier i get , hope it drops to 75c then i will start making more $. Got made redundant 4 yrs ago when our $ was 1.10 to US 1.00 Set up my own buisness straight away and have ridden out the bad yrs now to start making $ again.

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 Call Sign - BZ785

Haynes Hunter Prowler CC

 

Posts: 2946

Date Joined: 03/03/10

thats fine for you

Wed, 2015-02-25 21:39

that's good for you but blokes like me that get buggered up at work , get a pay out put it in the bank and have to live of the interest its not very good and yes heard all the storys find a good financial adviser but the truth I have seen to many people burnt by so called investment advisors

Posts: 140

Date Joined: 10/02/11

Haven't noticed much change

Thu, 2015-02-12 15:15

Haven't noticed much change in our workload in the construction industry here in perth. Being fair and not being picky and choosey has paid dividends. Hopefully it continues

 

t bone's picture

Posts: 351

Date Joined: 20/04/14

gonna get worse yet

Thu, 2015-02-12 16:21

Im also out in the middle of the ocean on a rig searching for oil and gas and things are really hitting home with us. The 2nd largest drilling contractor in the world and we are parking rigs up all over the joint and cutbacks happening on a daily basis. best of luck to all you lads out there in the same situations, i reckon we are all going to need it, no matter what you do to earn a crust.

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

 Who are you with?

Thu, 2015-02-12 21:27

 Who are you with?

t bone's picture

Posts: 351

Date Joined: 20/04/14

at the moment

Fri, 2015-02-13 08:03

Working for ENSCO on one of their DP semi subs as a sparky.

Chris fish's picture

Posts: 847

Date Joined: 23/02/11

The last 3-4 months I've been

Thu, 2015-02-12 19:44

The last 3-4 months I've been getting a phone call or email a week about companies wanting me to work for them doing FIFO electrical work again and it's hasnt slowed down at all for me at any of the companies I've been working with, obviously slow patches between projects but a steady stream of wor they can't fill the places with fast enough really. 

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always looking for a new challenge!!

sandbar's picture

Posts: 704

Date Joined: 25/10/09

Really!

Thu, 2015-02-12 21:36

 Its been happening for years! Everything is going offshore. I too am in oil and gas and am completely flabbergasted at what is going on. But "I" will not make difference. The government has farked us all over and wil continue to do so.

 

No Ticket No Heart!

 

Chear up boys, the worst is yet to come!

 

 

Posts: 5981

Date Joined: 17/06/10

Roy hill

Thu, 2015-02-12 21:44

Roy hill has taken a big slap in the face according to the west aust news paper the other day, it appears that the safety on the site is real bad. I guess as has been stated above, first thing to go when things are tight is OH&S and then peoples lives are put at risk.
Some cost saving.

Dale's picture

Posts: 7930

Date Joined: 13/09/05

Thu, 2015-02-12 21:56

 A couple of years back when a person was killed at a FMG site, they turned around and sacked the safety dept. Talk about a knee jerk reaction.

____________________________________________________________________________

"Just because you are a Character, Doesn't mean you have Character."

Mr Wolf

 

 

EL SYD's picture

Posts: 599

Date Joined: 16/08/10

 My entire work crew has been

Fri, 2015-02-13 04:40

 My entire work crew has been let go,

I am last man standing due to being on compo still, 

Company won a major job , but will be fifo their own guys from down south.......

 

scubafish's picture

Posts: 949

Date Joined: 15/08/12

Getting a job,HA,HA!!

Fri, 2015-02-13 07:25

Try being in a same job for over 28 years,get treated like shit on the last 4 ,because they want to get rid of you so they don't have to pay redundancy then finding out you need a new knee because you wore the old one out,forced to quit.Now unemployed for 2 & half years 56yo artificial knee and no one wants to know you.
YEP!life easy.
Just a tip don't get old!

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http://img.gg/BQ91Sys

7739ian's picture

Posts: 948

Date Joined: 25/06/08

Plenty of work

Fri, 2015-02-13 10:44

here in the south west. If anyone knows a GOOD domestic irrigation installer we can use one.

sea-kem's picture

Posts: 14857

Date Joined: 30/11/09

 Oh btw ayone needs a good

Fri, 2015-02-13 10:46

 Oh btw ayone needs a good steel  fabricator 

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Love the West!

grantarctic1's picture

Posts: 2546

Date Joined: 03/03/11

Pm sent

Mon, 2015-02-16 14:23

Sent a pm Andy regarding work .

pelagicyachts's picture

Posts: 1301

Date Joined: 23/02/11

its just part of the cycle -

Fri, 2015-02-13 12:42

its just part of the cycle - Australia always lags the world, US is coming out of the hole - we are going into it, things will get worse, interest rates will be cut again - possibly twice but 2017 things will pick up markedly again -

20 years in the foreign exchange market and things have never been tougher - not because of the economy (volatility is good for us) but technology is replacing us - evolve or end up on the scrap heap..... i am not bad with retic....... and dont mind the south west either! ..... :-)

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

Oil and Gas

Fri, 2015-02-13 14:34

 O&G will pick up again in 2016. We are bidding on a lot of new work, going into 17 and 18. 

Hopefully our company gets the work or I will be redundo in three months...

t bone's picture

Posts: 351

Date Joined: 20/04/14

im hearing ya

Fri, 2015-02-13 15:59

Where abouts you at mate?

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

 Maersk Drilling

Fri, 2015-02-13 16:08

 Maersk Drilling

t bone's picture

Posts: 351

Date Joined: 20/04/14

on the Discoverer by any

Fri, 2015-02-13 16:34

on the Discoverer by any chance? I spent a bit of time on that a while back, rather impressive rig thats for sure.

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

I imported and Exported the

Fri, 2015-02-13 22:23

I imported and Exported the Disco. I am based onshore onshore though never went out. 

Currently working in Supply Chain for Nan Hai VI for her last few months in Australia.

Justin M's picture

Posts: 1207

Date Joined: 14/01/13

 Just had to lay a few guys

Fri, 2015-02-13 17:13

 Just had to lay a few guys off the other day...maintenance side of the business still cruising along however. Landscaping that is.

Posts: 5981

Date Joined: 17/06/10

Can't fathom the Australian government out

Fri, 2015-02-13 18:00

We have some of the biggest resource fields in the world, be it iron ore or gas yet we go grovelling to companies to develop them.
Most other countries have the approach of yep there is the resource, if you want to develop it and make a squillion dollars this is the deal. You will pay ex dollars in royalties, in the case of gas some of it is reserved for the use of our countries citizens and they will pay ex dollars as the resource belongs to them, and you are not going to rip them of.
Workers for the project will be our citizens, full stop.
If they haven't got the skills required the gov or industry will pay for them to be trained up to speed, project management can be who the developer wants.
If you don't like it the "stuff" gas or iron ore stays where it is.
IMO the government (all shades) don't have the skills to drive a hard bargain for the benefit of our country.

Posts: 6265

Date Joined: 26/04/14

 enough said right there 

Fri, 2015-02-13 18:08

 enough said right there 

Guardy's picture

Posts: 381

Date Joined: 09/08/12

Its not just happening in WA either

Sat, 2015-02-14 12:27

 I have been doing some work for an Austrian company who make Jack Up Maintenance Platforms that attach to the legs and use their own power systems to drive up and down replacing anodes, blasting and painting and also leg extensions. With the price of oil dropping like an elevator with a broken wire there just is no work what so ever. They can only find so much work for them in the factory. What's going to happen when the oil price drops to $20 as Citibank is predicting????

neville hood's picture

Posts: 51

Date Joined: 26/09/11

Cant seem to get past 457

Sun, 2015-02-15 07:50

Cant seem to get past 457 visa HR and construction workers

ranmar850's picture

Posts: 2702

Date Joined: 12/08/12

Oil price will turn around by

Sun, 2015-02-15 09:28

Oil price will turn around by the end of the year, it's just politicking by The Cartel (OPEC) Drives out the higher cost producers,(like shale oil) restores their share. Same with iron ore, Rio and BHP (more Rio) are going balls to the wall to produce and kill off competition . Unfortunately this strategy has coincided with a drop in chinese demand, but they seem determined not to blink. Really, REALLY tightening up on costs, thought (and told) it was done and dusted by the middle of last year, but feel there are now more redundancies coming. It , too will turn around--not back to the stupid prices of the previous couple of years', but to where they will feel more comfortable. FMG must really be feeling the heat--last time the price temporarily dropped to around $80/tonne, they hit the panic button. Their cost of production FOB is now down to $54/tonne (from $78) but they have a lot of debt just over the horizon.
Remember that the dropping dollar has given a lot of relief to these exporting companies, as well as the reduced freight costs due to drop in bunker oil prices. Consumer sentiment indexes show a lack of consumer confidence, which just reflects in 'discretionary" spending. People are paying down their debt instead, which is wise, but doesn't help the general economy.

And after all the above, why am I seeing so many $80-$100 K boats being bought :-), and people buying $2K fishfinders?

t bone's picture

Posts: 351

Date Joined: 20/04/14

Soo Shiny

Sun, 2015-02-15 16:14

Speaking for myself, the only reason i got a nice boat on the way was the paperwork and all the hard yards were done mid last yr whilst all was rainbows & unicorns. Now reality has set in again, im starting to think maybe i should of stuck with the old boat a bit longer.

Dale's picture

Posts: 7930

Date Joined: 13/09/05

Sun, 2015-02-15 17:03

 I do a lot of work over at Karara and I've got no idea how they are still operating, it is costing them way over what it the ore is worth at present

____________________________________________________________________________

"Just because you are a Character, Doesn't mean you have Character."

Mr Wolf

 

 

Posts: 5745

Date Joined: 18/01/12

yep and that flows on Dale, I

Sun, 2015-02-15 20:39

yep and that flows on Dale, I do a bit of work on the local tugs and if Karara shuts, off goes one of the tugs with the crews

____________________________________________________________________________

 Give a man a mask, and he'll show you his true face...

 

 

The older you get the more you realize that no one has a f++king clue what they're doing.

Everyone's just winging it.

 

Ben85's picture

Posts: 442

Date Joined: 20/11/11

I'm also in the O&G game and

Sun, 2015-02-15 09:40

I'm also in the O&G game and can see the next couple years being very tough in Aus. Our operation has been shut down and I'm relocating back to Dubai in the next couple months.

In any case, this down turn in oil price will probably give our local market the clean out its needed for a while.

t bone's picture

Posts: 351

Date Joined: 20/04/14

dead wood

Sun, 2015-02-15 16:09

I imagine a lot of companies are using this as a chance to clean all the dead wood out for sure... Times like this we all learn if we are as good as we really think we are ;)

 

What project back in aussie were you at mate?

Ben85's picture

Posts: 442

Date Joined: 20/11/11

no particular project mate,

Sun, 2015-02-15 19:50

no particular project mate, I'm in Tendering (subsea construction)

Bodie's picture

Posts: 3758

Date Joined: 05/11/07

Like others, I was made

Mon, 2015-02-16 16:43

Like others, I was made redundant as well just before Christmas. Whole IT department in Perth was off shored to Asia, along with my role (IT Manager)

Now looking for a new job, but job market is not the best at present.

Posts: 5981

Date Joined: 17/06/10

Can't follow line of thinking

Mon, 2015-02-16 17:46

I'm going to show a bit of ignorance about how the economy works so if I'm looking at the current job situation in real simple terms please give me a bit of slack, here goes.

If companies lay off lots of workers to keep profitability up, those laid of workers don't have a lot of funds for spending on goodies. We don't buy the toys anymore.

Companies don't need to make lots of toys for the boys, lay off workers

Back to para 2

How do you break this cycle.

Posts: 5745

Date Joined: 18/01/12

 By dropping interest rates

Mon, 2015-02-16 18:29

 By dropping interest rates to stimulate investment

____________________________________________________________________________

 Give a man a mask, and he'll show you his true face...

 

 

The older you get the more you realize that no one has a f++king clue what they're doing.

Everyone's just winging it.

 

sea-kem's picture

Posts: 14857

Date Joined: 30/11/09

 They haven't got far to go

Mon, 2015-02-16 19:49

 They haven't got far to go Rob regards interest rates. Tax cuts for small business owners like mine who are the backbone of the economy. I would go out and invest in new machinery tomorrow if I knew my tax wasn't going to rape me every  three months.

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Love the West!

Posts: 2946

Date Joined: 03/03/10

are you talking

Mon, 2015-02-16 21:02

are you talking about bass statements my brother in law recons he spends at least 15 hours a month doing battle with it

grantarctic1's picture

Posts: 2546

Date Joined: 03/03/11

Yes

Mon, 2015-02-16 22:33

 Yes the BAS is an absolute pain in the arse for small bussiness , all we are doing is using our time to collect, document and pass on government tax money, on goods that have already been taxed 3 times.

And at the election that saw  Gillard not voted in but somehow got in ? . The one promise she made to small bussiness was to give a 1% tax relief that she quickly revoked after securing her position stating " the country just cant afford it in the current ecconomy "

 

 

 

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

 In reality, the government

Mon, 2015-02-16 20:27

 In reality, the government needs to make imports a less feasible option. When I can buy steel in Singapore for 1/3 of the price of local, what do you expect me to do. The country will one day be a nation of freight forwarders and customs agents...

Posts: 2946

Date Joined: 03/03/10

pilbara housing

Mon, 2015-02-16 20:37

saw on a current affair tonight a house in Headland that sold for 1.4 mill 4 years ago was passed in at auction at 360k on the weekend , that's a big haircut in any ones terms , my mate bought in headland 3 years ago paid 1 mill and is now clamping his arse checks together

Posts: 4563

Date Joined: 01/02/10

 Don't believe everything you

Tue, 2015-02-17 06:09

 Don't believe everything you hear. Makes a good headline though.

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Does anyone know where the love of god goes, when the waves turn the minutes to hours?

catchalittle's picture

Posts: 1875

Date Joined: 04/09/08

Be a government private

Mon, 2015-02-16 23:36

Be a government private special security contractor and with the current events your never out of work

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Nathan

Posts: 5981

Date Joined: 17/06/10

your so right

Mon, 2015-02-16 23:57

It's a sad indictment of our times but you are so right, what a sorry state of affairs we are living in.

BarraSlayer's picture

Posts: 287

Date Joined: 14/04/14

 Economy is stuffed cause

Tue, 2015-02-17 15:11

 Economy is stuffed cause 30-40% of income is tied up in bricks and mortar.. Banks making a killing. Everyone else is scratching to meet the interest rate on their mortgage. Government is addicted to the stamp duty it makes. Half a million for a house.... When do you have changed to buy goods and services and support small businesses which are the biggest employers in this country.

We flogged off manufacturing and bet everything on mining and don't have much to show for it. Big corporations have skinned us.

My personal opinion is that when unemployment gets worse (this is the start) the highly leveraged will loose their shirts.

Mining not going to well in WA, back two years ago 1500 people were moving here a week and now they are competing for an ever diminishing pool of jobs. All about changing rosters and pay cuts now.

Rant over

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Cheers
BarraSlayer

Swompa's picture

Posts: 3786

Date Joined: 14/10/12

Got a letter from my company

Wed, 2015-02-18 12:34

Got a letter from my company on Monday. 0% pay rise and $0 bonus for 2015...

Funny how they couldn't send enough letters talking about how much money they were making in 2013. I guess they spent it all elsewhere...

big john's picture

Posts: 8726

Date Joined: 20/07/06

Bonus

Tue, 2015-02-17 21:51

The one bonus with my job is that there will always be kids coming to school. Not the greatest pay, but good holidays and a few other perks.

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WA based manufacturer and supplier of premium leadhead jigs, fligs, bucktail jigs, 'bulletproof' soft plastic jig heads and XOS bullet jig heads.

Jigs available online in my web store!

catchalittle's picture

Posts: 1875

Date Joined: 04/09/08

Big John your looking after

Wed, 2015-02-18 16:38

Big John your looking after the next generation

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Nathan

Posts: 46

Date Joined: 14/12/14

Hard Question

Wed, 2015-02-18 17:18

Alot of this talk seems to be about the resources industry and presumably mostly fifo workers. Now dont get me wrong you guys works damn hard for the big bucks with long hrs in tough places with long periods away from the family. My old man has done it for decades. The question is,if the resource industry goes belly up how many of you would be willing to go back to a job in Perth on 60-80 grand a year? An average Aussie wage. Could you do it? Or has spending gottten out of control? This is what some people will have to ask themselves if the going gets tough.

Posts: 6265

Date Joined: 26/04/14

 did my 3 years and walked

Wed, 2015-02-18 20:00

 did my 3 years and walked away 9 months ago. taken a goverment job paying less then the pay you state but at least its not going anywhere in a hurry. got a lot of mates that are up the old provervial. i did 3 years 0 days off 0 sick leave taken and maximum saved and paid off. sacrificed the first 3 years of my sons life to make us better off, tough time for me but iam making up for it now. i wish all you boys that get laid of all the best and suggest that while you still work you plan a rainy day account to help when the crunch lands. 

 

good luck boys and girls stay strong and dont become a stat, there will be an end date things will turn for the good.

Dale's picture

Posts: 7930

Date Joined: 13/09/05

Wed, 2015-02-18 19:42

 I would Jason, I'm trying for one now, but so is a lot of others.

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"Just because you are a Character, Doesn't mean you have Character."

Mr Wolf

 

 

Posts: 46

Date Joined: 14/12/14

Thats it gilly

Wed, 2015-02-18 20:34

 If you are going to do fifo and sacrifice the family life you want to have somthing to show for it ( pay off the house, get some savings or hell, even a nice new boat) But it seems alot of people piss it up and start spending like theres no tomorrow and when they are laid off its panic stations with big debts and no way to sort their shit on anything like an average wage. Dents the pride a bit to not be able to afford that new  HSV or Boston Whaler but hey, just gotta wind it back a bit.

Posts: 6265

Date Joined: 26/04/14

 dent the pride yes, hope the

Wed, 2015-02-18 21:16

 dent the pride yes, hope the ones that have can tough it out. i feel that perth city will take of when these lads come home. dont think its the end of the world boys there is work in perth present and future, just a hit to the pay packet. 

Posts: 46

Date Joined: 14/12/14

We live in a privledged place

Wed, 2015-02-18 22:36

 I hope for nothing but good luck for everybody. WA is a great place to live with lots of opportunities and what we call tough times doesnt rate a mention in most countries so if you are doing well, plan a bit for the future. If your not doing the best right now, chin up and keep positive. WA is still doing very well and there will be something out there for you.