Inflation

[bsnews]

Take a look at what so many of these places are paying though...

All I read is people who do not own or run a business, staff shortages have not eased at all. And people are paid the award rate as a minimum in Australia, if the person employed is a good fit you will find above award wage offered just to keep them. The positions vacant might not be a career move but you are paid the same money as everyone else.

 

[farmerge]

All I read is people who do not own or run a business, staff shortages have not eased at all. And people are paid the award rate as a minimum in Australia, if the person employed is a good fit you will find above award wage offered just to keep them. The positions vacant might not be a career move but you are paid the same money as everyone else.

And in some cases a stepping stone into a career that was not thought of.
Any form of employment, paying tax and off the government milk supply has to be a bonus.

 

[Smurf1976]

And in some cases a stepping stone into a career that was not thought of.

One I know took a 6 week manual labour job with a large organisation. Ended up working there for 20 years full time.

Another which comes to mind is someone employed as a cleaner whose work included cleaning the offices at a power station. Nothing unusual, it's just an office much like any other office despite the location. Long story short - others soon realised they had a pretty strong interest and grasp of the technical side of the operation and many years later they're still working at the power station, now as a fully qualified and pretty well paid technician. Someone else cleans the offices.

So humble beginnings can certainly lead to bigger things yes.

 

[over9k]

Government and some big corporates going through the motions is another. Plenty of jobs get advertised where in all honesty it's a complete waste of time applying because the successful applicant has already been chosen and is already doing the job. It's just ticking the boxes and it's extremely common.

Went through this several times myself. With the advent of social media, linkedin etc etc it becomes ridiculously easy to track people down with this kind of stuff now.

I got to the point where I'd actually call them up first and be like "Look, is this a real job ad or is it one of those ads you have to make because the regs say you have to advertise the position for two weeks etc etc and the decision to promote someone from the position below it has actually already been made?".

After the first three or four instances of spending hours, hours on some of these applications it gets very tiresome very quickly.

End result? People just don't even bother. Or they quit and trade their own money like I did.

 

[divs4ever]

And in some cases a stepping stone into a career that was not thought of.
Any form of employment, paying tax and off the government milk supply has to be a bonus.

as long as it is not a brief stumble back onto the government milk supply

some employment can be very temporary and due to the waiting time between claims and checks , not really worth the 2 or 3 weeks worth of hard-earned wages gained ( nor the months waiting for the tax refund , because you are still below the thresh-hold )

going to be interesting times if a depression hits

 

[waterbottle]

US unemployment down to 3.5%.... soft landing?

 

[sptrawler]

Spending should tighten after the Government drops that low income handout, should take a bit of pressure off the RBA.

Take-home pay to be slashed as 10 million Australians hit with tax hike

The end of the super-sized low- and middle income tax offset will slash by up to $1500 the take-home pay of more than 10 million Australians.

www.smh.com.au

More than 10 million middle-income Australians will face one of the largest tax increases in history after the May federal budget as households deal with rapid increases in interest rates and cost-of-living surges.

People earning under $126,000 a year will have up to $1500 less in their pockets because of the end of the $11 billion super-sized low- and middle-income tax offset
A person earning $50,000 a year will suffer a 3.4 per cent or $29 a week cut in their after-tax income when the offset ends while someone on the average wage of $90,000 will take a 2.1 per cent hit. A person on $100,000 will be $1200 worse off with the end of the offset.

Even with the stage 3 tax cuts, which kick in for incomes of $45,000 and above and are due to start from the middle of next year, people earning less than $85,000 a year will be worse off than they were with the tax offset.
The Herald and The Age can reveal Treasurer Jim Chalmers will not continue the tax offset that was introduced for the 2018-19 financial year as part of the Turnbull government’s original three-stage overhaul of the personal income tax system.
Originally set at $530 and delivered to people earning between $37,000 and $126,000, it was increased to $1080 just ahead of the 2019 election. The offset is paid when people complete their annual tax returns, with most cash flowing to households between July and October.
In March last year, then treasurer Josh Frydenberg added a flat $420 to the offset that was due to finish with the 2021-22 financial year, saying it would help people deal with the surge in inflation. This took the total offset to $1500.

 

[UMike]

Yes, it's shocking. When we had our kitchen (a corner single bedroom size) renovated, $45k plus.
2 upstairs bathrooms n a downstairs toilet without shower renovated, it costs more than 40K ...unbelievable, the same style was completed by the same renovator, maybe 5 yrs ago to our friend who recommended him to us was half the cost! They were totally shock for what I had to pay.

80k to knock down the carport and rebuild. Insane.

 

[Rabbithop]

80k to knock down the carport and rebuild. Insane.

Guess this is going to see property prices will hit sky high.

 

[divs4ever]

Guess this is going to see property prices will hit sky high.

maybe ,
higher renovation costs might inspire some to move to a better-suited house ( rather than add a granny flat or home-office ) , but higher renovation costs could also dampen 'house-flipper ' activity

another trend is family members 'returning to the nest ' to mitigate higher rents and also the temptation of real estate investors to sell rather than repair rental properties ( especially if credit tightens and interest rates continue climbing )

 

[farmerge]

80k to knock down the carport and rebuild. Insane.

Insane is certainly correct here. I know that some of the quotes that I am going up against are qually stratosperic also. But fortunately for me I have won 95% of what i have quoted on, this word of wouth about fairness and I think quality of work certainly counts.

 

[divs4ever]

Insane is certainly correct here. I know that some of the quotes that I am going up against are qually stratosperic also. But fortunately for me I have won 95% of what i have quoted on, this word of wouth about fairness and I think quality of work certainly counts.

the garage would have to have some awesome features , to get me to sign a contract for a similar construction

 

[Rabbithop]

the garage would have to have some awesome features , to get me to sign a contract for a similar construction

Don't forget we are currently living in this uncharted era with global disputes, war in some countries, disease and even climate play a part.
When we required qualified skilled people to work for us, we are at their mercy.

 

[moXJO]

80k to knock down the carport and rebuild. Insane.

What are they building it out of?
Unless it's a 10 car carport, that's way overpriced. It should be $20k or under (made out of metal) unless it's a weird spec

 

[UMike]

Should start a "builders are off the planet" thread in the General section.
Not that concerned about the price.... More the time blow out and the "I didn't account for that" extras that I feel certainly are not unreasonable and should be standard

 

[Smurf1976]

"You reap what you sow"

We gutted apprenticeships both in terms of quantity and quality and we went from independent building inspections to self-certification.

Higher prices and lower quality is the obvious and entirely foreseeable outcome of that.

 

[divs4ever]

"You reap what you sow"

We gutted apprenticeships both in terms of quantity and quality and we went from independent building inspections to self-certification.

Higher prices and lower quality is the obvious and entirely foreseeable outcome of that.

sad but true

and here we are enjoying the bitter harvest ( but at least i don't feel so bad about my own crappy craftsmanship , 'cos i don't pay myself much )

 

[over9k]

"You reap what you sow"

We gutted apprenticeships both in terms of quantity and quality and we went from independent building inspections to self-certification.

Higher prices and lower quality is the obvious and entirely foreseeable outcome of that.

And also sent an entire generation to university during the GFC (because it's not like there was any work to even take a gap year off for was there?) rather than into trade schools etc as "Any degree is better than any trade".

If you'd told someone in the mid 2000's that less than half a generation later plumbers would be earning 150k/year plus and uni grads would be doing 70 hour weeks for about 60k they would have laughed at you, and yet, here we are.

Fun fact: University enrollment numbers hit an all-time high in 2010/2011. They've been on a steady decline ever since.

 

[over9k]

Lots of talking heads saying this now (he's not the only one). Risk assets all getting pummeled. Energy holding steady, BOIL's up premarket. I made a degen buy at 3.03 last week so we'll see how it goes.

 

[over9k]

In case anyone's interested.