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Life in Australia is actually very good. (Read 3505 times)

BatteriesNotIncluded

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MediocrityNET: because
people died for this!

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Re: Life in Australia is actually very good.
Reply #30 - May 13^th, 2014 at 2:10pm

UnSubRocky wrote on May 12^th, 2014 at 9:21pm:

Laugh till you cry wrote on May 10^th, 2014 at 9:12pm:

UnSubRocky wrote on May 10^th, 2014 at 7:44pm:

Laugh till you cry wrote on May 10^th, 2014 at 12:03pm:

Darlings, Australia is facing an economy dominated by the resources industries which probably have the lowest number of employees per million dollars revenue

Surely, that isn't a bad thing to have the lowest number of employees per million dollars revenue. My uncle retired from the mining industry after being on a near 6 figure salary, and he reckons that mining is what separates Australia from being a third world country. You would think that the billions of dollars that the mines produce for the Australian economy is something that is very cost efficient if we only have the fewest employees per millions of dollars revenue produced.

When resources becomes the major part of your economy you have become a third world country because there is insufficient jobs to go around and manufacturing is uncompetitive because wages are high and exchange rate is high.

In such a circumstance, the only way to keep a lid on the A$ is by capital investment in other countries so you export capital instead of goods and services. The lucky country is becoming the dumb country.

You said that mining has the lowest number of employees per million dollars revenue. It stands to reason that mining is the most cost efficient business, if you are raking in more money per employee, in spite of high wages. Miners make near (and in some cases, over) 6 figure yearly salaries. That's working for a company that operates at a decent profit. Compared to essential services (which in some cases sees employee numbers cut to save costs), which operates at a loss. I confuses me that you would see the mining industry as a bad thing. Plus, it doesn't even cross your mind that mining is only one industry in Australia that employs people amongst numerous other industries that work interdependently with the mining industry.

If Australia relied solely on mining, we might be another Iraq with no real prospect of diversifying our economy. But it's pretty much a thriving economy, when you have 5% unemployment, numerous industries to work in, and a moderately to highly educated workforce that even works in industries that they are considered over-educated.

Things should be looking good for us for the next 20 years

Life is non-linear but you wouldn't have heard of the concept the whole forum suspects Grin

*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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Soren

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Re: Life in Australia is actually very good.
Reply #31 - May 14^th, 2014 at 3:32pm

BatteriesNotIncluded wrote on May 13^th, 2014 at 2:03pm:

Soren wrote on May 13^th, 2014 at 12:48pm:

Laugh till you cry wrote on May 11^th, 2014 at 10:07pm:

It's not true that any household pays no tax. Anybody who buys retail goods pays tax. People who own property pay rates which is a property tax. There are countless other examples. Everybody who spends money pays tax.

NET tax, bozo, net tax.

Hows abouts we talk about net subsidies: something soren and his little 'friend' culture tryhard something something will never acknowledge??

The world runs on environmental subsidies that were never there to give. Wealth, and most aussies have some experience of it in the family, rides on the back of a free kick! The subsidiary industry all rides on that free kick...

That is inefficiency written into the system: why not attack the attack I SAY, but who cares because Hollywood just tells us to f that and f this and drink that and smoke it up cuz yehhhhhh cos like we is dat rich and cool and sophisticated and it's all honest to goodness like productivity bro yeh Shocked

with our long weekends and 38 hour weeks and stuff lol Roll Eyes

You are rambling and free-associating too much - free kick, Hollywood, cuz yeahhh.

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Xhoza

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Australian Politics

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Re: Life in Australia is actually very good.
Reply #32 - May 14^th, 2014 at 9:36pm

I know what you are saying mate but we do not have to take it on the chin. We have to get off our collective arse and take our country back and if we'd rather just watch footy and commercial media then we deserve every bit of crap we get.

Labor needs to straighten itself out quickly by cleaning house or split so that there is time to build it back up. It has lost the trust and it is a union style party trying to morph into a funky left movement. I'm all for the change but get real man, there are things that needs doing if you want to achieve that in time. The way things are going we definitely do not want another round of the Rabbott-club at the helm.

Sorry, I'm a little excitable.

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UnSubRocky

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Re: Life in Australia is actually very good.
Reply #33 - May 17^th, 2014 at 12:11am

I was quite well aware that most of our natural resource exports are non-renewable. I don't care. What I do know is that we have a hell of a lot of them, and it's probably going to be our great-great-great-great-great grandchildren that might be concerned about running out of our currently abundant natural resources.

Geez, we do have a big influence on world economies, when we do have a large share of natural resources to sell to the world. The Africans are our only real competition. But they are too busy having ethnic conflicts over such resources, that they aren't likely to hurt our exports.

At this stage...

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