Australian (ASX) Stock Market Forum

Australian Job Losses

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maffu said:
Yes, sorry I should have specified. While I go back studying I am at home so its $115 without rent.

For those studying that are out of home the government pay rent assistance and double the youth allowance and it works out about the same living off $100-115 a week after rent if rent is $130-$150. Lots of students do manage to do it, though its not a very glamourous life, and one many will have to face this year with many of the casual retail and hospitality jobs that students normally work being laid off.
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Trust me, even with rent assistance its not enough to live off. Sure rent for 130 a week, leaves you with 130, but then you need to pay for food and utilities. My centrelink covers all my weekly bills and thats it.

If you had to rely on it to also pay for textbooks, learning resources etc etc you couldnt do it, and thats assuming you will never go out and spend a cent on alcohol or entertainment of any form.

Perhaps you should move out of home and try... ;)

MrBurns said:
Check this out - the mind boggles.....no wonder world leaders are panicking.
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Yep, us upcoming grads love news like that... :banghead::(
 
prawn_86 said:
Trust me, even with rent assistance its not enough to live off. Sure rent for 130 a week, leaves you with 130, but then you need to pay for food and utilities. My centrelink covers all my weekly bills and thats it.

If you had to rely on it to also pay for textbooks, learning resources etc etc you couldnt do it, and thats assuming you will never go out and spend a cent on alcohol or entertainment of any form.

Perhaps you should move out of home and try... ;)



Yep, us upcoming grads love news like that... :banghead::(
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Salvation is coming your way.

The Messiah KRudd will WANT YOU to join his soon to be created Volunteer Corps.

You can pick up roadside garbage to help pay for your fees. :D

That should bring a smile to your dial. :)
 
prawn_86 said:
Trust me, even with rent assistance its not enough to live off. Sure rent for 130 a week, leaves you with 130, but then you need to pay for food and utilities. My centrelink covers all my weekly bills and thats it.

If you had to rely on it to also pay for textbooks, learning resources etc etc you couldnt do it, and thats assuming you will never go out and spend a cent on alcohol or entertainment of any form.

Perhaps you should move out of home and try... ;)



Yep, us upcoming grads love news like that... :banghead::(
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Smell of an oily rag mate by the sounds of things.
Dont envy you, been there done that.
3 Part-time jobs always on the go (usually laboring) and a 5 year double degree just to pay for student union fees, textbooks, rent, utilities, clothes, canned food and HECS!
Student life sucks ****, but Im sure your persistance will pay off! ;)
 
Aussiejeff said:
Salvation is coming your way.

The Messiah KRudd will WANT YOU to join his soon to be created Volunteer Corps.

You can pick up roadside garbage to help pay for your fees. :D

That should bring a smile to your dial. :)
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**** that. I already donate 10% of my disposable income to charity and do other volunteer work.

I plan on leaving Aus so i dont have to repay my HECS, so i dont even look on that as a debt. If the older generation can burden us with debt i dont see why i cant do the same ;)
 
prawn_86 said:
**** that. I already donate 10% of my disposable income to charity and do other volunteer work.

I plan on leaving Aus so i dont have to repay my HECS, so i dont even look on that as a debt. If the older generation can burden us with debt i dont see why i cant do the same ;)
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Is the volunteer work obligatory (ie. mutual obligation) or do you just do it off your own bat?
 
prawn_86 said:
Well of course it goes on the resume, but thats not why i do it. I do it to help out and to learn new things
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It should help you find gainful employment. I did some volunteer work with community organisations while at Uni. Some employers wanted to find out more about it and what was learned from the experience.

Can only be a plus! :)
 
prawn_86 said:
Yep, us upcoming grads love news like that... :banghead::(
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Think of something you're passionate about and start a business in it, that way you'll always be motivated, better than the competition who only do it for a job, you cant get the sack and you can controll all your expenses and keep all the income for yourself.
 
MrBurns said:
Think of something you're passionate about and start a business in it, that way you'll always be motivated, better than the competition who only do it for a job, you cant get the sack and you can controll all your expenses and keep all the income for yourself.
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Have already done that with the travel forum, but thats not likely to make money.

Im passionate about stocks and finance, hence why i need a job to be able to build up sufficient capital
 
prawn_86 said:
Have already done that with the travel forum, but thats not likely to make money.
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You should incorporate travel listings with the forum, places to stay etc

Thats a crowded market but if the site is optimised sufficiently and you kick in with a few Google adwords, when the traffic starts to flow you can start charging.
 
prawn_86 said:
Im passionate about stocks and finance, hence why i need a job to be able to build up sufficient capital
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Think of something in that line that would be of interest to you on the net and do it, then if the traffic increases start charging for ads.

If it's of interest to you it will be to others in that industry.
 
*Sigh* Well, the rot unsurprisingly continues... contrary to flaky ABS employment figures. It's time to add a few more poor Ozzie souls to the scrapheap...

400 stood down at car parts factory.
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http://www.theage.com.au/national/400-stood-down-at-car-parts-factory-20090216-899p.html

MORE than 300 jobs will be lost when the world's largest nickel producer, Russia's Norilsk Nickel, suspends its two nickel operations in Western Australia.
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http://www.news.com.au/heraldsun/story/0,21985,25066071-5005961,00.html

Next??

:(
 
Aussiejeff said:
Next?
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CSR also to lay off 539..

Building products and sugar maker CSR Ltd has axed 539 jobs and cut its full year profit guidance by up to 20 per cent owing to a faster than expected deterioration in Australian and New Zealand building markets and a drop in aluminium prices.
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http://www.businessspectator.com.au...vises-guidance-$pd20090218-PCTYW?OpenDocument

also Fosters in their wine review report flagged 300 positions to go, and divestment of some of their non-performing wineries (which may indirectly create job losses).. although some may not be in Australia. Didn't receive much coverage though.

Overall it is expected that approximately 300 further positions will be made redundant, some during F09 and others as systems and process change permit
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Next? ;)
 
I'd be mighty surprised if GMH OZ don't announce job losses v.soon, based on the media reports following the US parent company announcing it was slashing around 26,000 or so "worldwide" jobs.



aj
 

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