Adelaide???

Thanks but I'd sooner go to Azerbaijan.

Andrei.Hicks wrote on Jan 5^th, 2013 at 6:38am:




Building industry crumbling, with companies going broke each day!; AV Jennings faces $32m loss
Topic Started: 23 Jul 2012, 10:27 AM (5,351 Views)
four20       23 Jul 2012, 10:27 AM Post #1



06/05/2012
     Industry gradually crumbling

AUSTRALIA'S building industry is in survival mode, with official statistics revealing that at least two companies a day are going to the wall as labour costs continue to rise, profit margins flatline and banks play hardball on funding.

The latest statistics on liquidations and voluntary administrations show that since January 1 more than 363 companies in the building industry, excluding mining, have collapsed, more than 200 of them from New South Wales and 95 from Victoria.

What is even more alarming is the trend seems to be getting worse, with 30 building companies failing in March, 33 in April, 51 in May, 63 in June and a whopping 40 collapsing in the first 10 days of July.

Profit margins have shrunk to between zero and 2 per cent.

It isn't a pretty picture and supports the general economic statistics, which show that as a proportion of nominal gross domestic product (GDP) building activity in Australia is close to a 35-year low. Outside mining, Australia is in the midst of a downturn in residential, commercial and public sector infrastructure activity.

A survey by Evans & Partners in May and June of private companies, consultants, service providers and customers in the construction sector to identify emerging issues, revealed a bleak outlook for the sector, ex-mining.

Read more: http://www.smh.com.au/business/industry-gradually-crumbling-20120722-22i8v.html#ixzz21OuMARpL

Andrei.Hicks wrote on Jan 5^th, 2013 at 6:49am:



You do realise that construction companies are still bringing in overseas workers to fill what they say is a shortage of workers

There are issues with businesses under cutting each other when applying for contracts to such an extent that the profits are marginal and it doesn't take much to go wrong for the contract to cost the business money.
Managers should look at their business models before blaming others for their poor decisions.

Andrei.Hicks wrote on Jan 5^th, 2013 at 7:09am:


We still have a shortage of skilled workers in this country because of Howards cuts to training, research and development and infrastructure.
That is why almost every industry has to bring in skilled workers and professionals from overseas...so maybe one of the problems isn't the lack of jobs but the lack of appropriate qualifications.

adelcrow wrote on Jan 5^th, 2013 at 7:17am:




ok adel lets pretend you are right and Howard cut training for skills in this country... its been 5 long years since he was in... and it doesnt take 5 looooooong years to produce skilled labor..

so what happening in the skilled training dept????.. as Labor have had 5 loooooooooooog year to rectify anything Howard did or that you claim he did.... and dont forget they didnt have a HUGE DEBT to pay off either.

cods wrote on Jan 5^th, 2013 at 7:22am:


It will take the best part of a generation to fill the hole left by Howards cuts.
Specialised professionals take a lot longer than 5 yrs to train and gain the experience needed..even decent tradies need years of experience and on going training to fill specialised positions.
Howards slash and burn and investing in middle class welfare instead of education and training did us no favours in the long run.