Agree gavs, but unfortunatelly high wages onset by Mining seem to be killing every other industry. High Aussie dollar + Mining Boom means that people expect to bludge at work on 120k+ cushy salaries and for it to last forever. I know a couple of people who are FIFO cleaners up north working on the Gorgon project and they are making $100k for cleaning dorm rooms.. Seriously ? How sustainable do people think this is. Go over to America and see how their economy is actually recovering from 10% unemployment - minimum wage, long hours, but hey minimum wage and a $35k salary is better than being unemployed.
Australians i think in the next 4-8 years will have to learn how to save more and spend less.. I think todays expected $12bn budget deficit announcement will put some realities to this!
I currently work for a finance co-op that is heavily dug in to the motor industry, so I would expect significant impact to my workplace... and my aunty also works at a Holden dealership in Perth, who have just been laying off sales staff because their car yard is like a ghost town so I understand there are huge risks with the whole thing failing, but as Mike said i think now it is a question of when, not if
MY12.5 Candy White 5 door Polo GTI. Upgrades/Mods = RNS510 H LED, RVC camera, Auto Lights Dash Sound Actuator GTI button, Gavs Footrest(!)
WIP = Miltek Turboback Exhaust, Cold Air Intake, Red Stuff brake pads (Nov '13)
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