Dear Mr Woodwork Forums
I didnt realise politics wasnt allowed on this forum
The heading is misleading!
Ah well what about religion ???
Just Kidding!!!:wink:
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Dear Mr Woodwork Forums
I didnt realise politics wasnt allowed on this forum
The heading is misleading!
Ah well what about religion ???
Just Kidding!!!:wink:
At the end of the day, with the resources boom, there is so much money running coming into the place it doesn't matter who runs the joint.
Like a business that got an open order for it's products, if the manager is good or bad it will make little difference. Things will keep going strong.
Anyone could run the economy at this stage and it would be ok.
Now what really counts is what happens when the orders stop ..
The day China stops ordering and we have to lean back onto out "other" income sources we will look back at this period and ask, what did we do to future proof our future ???
All the current laws provide are employer options for more people to get sacked when thing do turn sour.
The current gvt is doing nothing to make sure we have other incomes when the resources boom stops.
Nic
Very true Nic
The thing I have always been amazed at is how Costello has controlled the world economy.
Isnt it strange that the whole world economy (with a couple of exceptions) has been booming since Costello/Howard have been in control.
Mmmmmm think about it.
Alas this interesting debate kept going whilst I went out dancing the night away :D so my reply is a bit out of order.
Midge, without going into specifics, " Workchoices" allowed them to do it. Reasons are that they extended the premises (and made a foolish move into another suburb as well that didn't work out) which was to be financed not by loans but by cashflow.
A recipe for disaster, even in a cashflow positive type of business where you pay immediately and bills only come in two months later.
In addition the consultants wanted a higher share of the fees they generated so that last July he forced all the office staff, except me, on to AWA's. Since then over half have left for greener pastures.
I was the last one, I don't have regrets, but the government " Workchoices" legislation allowed it to happen without compensation.
Most of my life I have been a predominant liberal / dlp voter , however I've voted labour a number of times.
I voted for Gough so we would get out of that dirty little Asian war the libs inflicted upon us, I've voted against Kennet to get rid of that arrogant ******, and now as they affected my hip pocket I will vote against the libs.
BTW the argument about labour and high interest rates have never meant a damn to me, as I have never had to borrow to get where I am. I have always paid cash on the knocker for everything, part of my puritan upbringing to always live within your means.
Peter.
Hey Peter,
I am just as opposed to the BS stupid war as you are.
But the US, UK and AUS are a bit like a footy team or the coppers. One in all in and the moment GWB had his brain snap we were going, labor or liberal would have made no difference IMO.
And while 200million funadamentally different people (not less than us just different culture/policitcal leanings) our govt will protect its great protector. :(
At least this time the US didnt watch for 3 years :rolleyes:
cheers
No Gumby, I never said the gvt should guarantee good incomes for everyone.
What I'm talking about is promoting other industries, encouraging research and development...
When the resource boom is over it might take 20 years but IT WILL END.
What will we have left ?
The OIL rich countries in the middle east have picked this up and are diversifying into tourism,banking,trade and other sectors.
China is pumping out more scientists that you can think of .
My company exports high tech products and I can assure you that in other parts of the world Australia isn't known for much apart from the croc hunter.
If you talk about most euro contries and people immediately think high tech/quality.
Then again I'm asking gvt to have long term view, something they seem incapable of
Nic
"My company exports high tech products and I can assure you that in other parts of the world Australia isn't known for much apart from the croc hunter."
You're forgetting the mining industry... when all this uranium exporting is fully established we will probably be near the richest economy on this planet.
Even the company I work for(Zinifex) is booming, we are on the verge of becoming one of the biggest multi metal companys period... 3 yrs ago we were about 1mm from folding under(Pasminco) , one of a very few companys too pull out of voluntary administration.