wayneL
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It is quite possible over here in the west, we may actually have to move back to smoke signals...
The state of the economy at the street level
- Thread starter Tyler Durden
- Start date
wayneL
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Except we would probably be arrested for burning wood or something...
stop it you are cracking rcw1 up ha ha ha ha
wayneL
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Well, we are prevented from digging post holes deeper than 499.999999999999999999mm without forking out thousands, so ya gotta laugh
wayneL
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500.00000000000000000001mm and we could go to jail.Well, we are prevented from digging post holes deeper than 499.999999999999999999mm without forking out thousands, so ya gotta laugh
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Extreme immigration smashes into wages
The below table from Roy Morgan shows that the total growth in employment (+268,000) in the year to June failed to keep pace with the surge in the labour force (+715,000), mostly via record immigration. Accordingly, the number of unemployed (+447,000) and underemployed (+189,000) people has...
www.macrobusiness.com.au
And by a gov. Supposedly for the workers.lol
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rcw are you now using the bush telegraph, ie 2 tin cans joined a length of string????? ?
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rcw now is not the time to stop running, hang on, I'll just go and get the extension for the cattle prod, that will surely keep you on the straight and narrow.??message runners ... hang on a sec ... rcw1 just catching his breath
Good for the inflation fight.
Well that's the theory , anyway.
That, and getting the punters to stop spending . Not sure how that's supposed to work , because if 25 million Aussies lived like me , Jeebus we just would not have an economy !
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Gees Dyna and I thought She and Me were the Scrooges
wayneL
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Bohemians unite
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Same here. Once you remove insurances and rates plus 10 bucks coffee a day....ohh petrol too
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petrol ?? you mean you have a car ??
got some young cows so i don't have to mow the lawn so much
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The coffee we rarely pay for the others are a necessary evil, the fuel a must
wayneL
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Just with a client.... She involved in aged care, husband a building company exec.
He has just exited the Australian market altogether and has started a company in PNG. Says Oz is in dire straights.
Then there is aged care, it seems to be irretrievably on the slippery slope down the chit chute.
The overarching problem in both fields they say is ridiculous, over the top compliance costs.
In the building sector in particular he says there is an exodus of experience and talent into other fields and into other countries which he says will take a hell of a long time to recover from.
Perfect storm?
He has just exited the Australian market altogether and has started a company in PNG. Says Oz is in dire straights.
Then there is aged care, it seems to be irretrievably on the slippery slope down the chit chute.
The overarching problem in both fields they say is ridiculous, over the top compliance costs.
In the building sector in particular he says there is an exodus of experience and talent into other fields and into other countries which he says will take a hell of a long time to recover from.
Perfect storm?
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As I see it Wayne there is a raft of bum polishers who have to justify their existnce and fat cat salary, hence reams of compliance to comply with.
The builder (master builder)hs decided to retire early, for much of the same reasons, though I can't see him sitting at home twiddling his thumbs. Said I'd give him a few months and he would then be looking for more to do.
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yes was hearing similar from my 'on the street' sources , sadly KSL is my only investment in PNG so far , have more exposure to Indonesia , currently , it bodes ill for Australia long term apart from mining and energy
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This story about concerns of the auditing practices of the Big 4 Consultancies raises a red flag.
How good/searching/honest are the auditing practices ? Is the economy and investors at risk from dud companies using rubbish auditors/ Think Enron.
Adele Ferguson has a track record of excellent investigative journalism. Doesn't jump at shadows.
www.abc.net.au
How good/searching/honest are the auditing practices ? Is the economy and investors at risk from dud companies using rubbish auditors/ Think Enron.
Adele Ferguson has a track record of excellent investigative journalism. Doesn't jump at shadows.
How a sleeper issue inside the big four accounting giants could topple the economy
The infiltration of EY, Deloitte, KPMG and PwC in government departments has been well documented. What is less well known is their role in the private sector, where experts fear a sleeper issue could trigger a corporate collapse, writes Adele Ferguson.
www.abc.net.au
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