Ah, well, I must be wrong than...
But, hell, one single incident in a Chinese sea and how you'll export to S. Korea and Jap? They might resource it to Brasil than (Vale already making more tonnes).
But this is not a discussion about macro economy and geopolitics...
Perth is the center of the world of comedy atm. Going to see Adam Hills this weekend. Will make my week more exiting.
As per below DIVERSITY is what makes life more interesting.
Eppo, spot on mate.
Lack of reinvestment to deal with the aftermath of the mining boom will be the downfall. reach arab oil countries (Qatar, UAE, Dubai...) are facing the same issue with limited resources generator that will go dry within the next 50 years so they have decided to massively invest in infrastructure to attract knowledge based companies to diversify their economy and profile.
Here the federal government takes 80% of your profits and reinvest close to nothing (in WA) towards diversifying your income sources, instead choosing to spread the wealth in social payouts. The reality is that yes demand for minerals and oil products will not disappear but many jobs in WA are to do with developing new projects, existing projects are run with very few actual employees.
On top of this you have to take in account that you ship the raw products, there is no transformation into finish product here meaning you lose 1000's of jobs and any added value on the finished product. Table that with enhanced competition from Africa and South America where cost of production is much lower and the result is that if demands drops, raw prices will have to drop but costs will remain high.
The end result will be production being stopped and mines closed while foreign mines will increase production, then the companies will ship their hardware to the other areas, lay off staff then the land leased will be blocked as they will retain rights and wait until prices rise again before reopening the mines (this has happened before) meanwhile people in WA will be unemployed, unable to pay high mortgages, bubble will burst and people will be left with nothing of value but used to living above their means.
Someone mentioned Detroit, it's a real possibility that this happens here too. In the end the issue is that WA is making a hell of a profit right now, but most is swallowed by the federal government and not much is reinvested. Every big new project as either been blocked, put on hold or canceled (gaz terminal, water pipeline, deep sea harbors...) while the profits were drained from WA itself...
You guys should be independent from the federal government, you are getting ****ed over big time... I'm sure Queensland, NT and SA would follow you guys into applying pressure for a better restructuring of federal income and spending... No taxation without real representation... At the moment you guys are almost unrepresented because you are underpopulated when compared to NSW and VIC, your voice s unheard because of the fact that in the current democratic system you are a demographic minority despite being the highest income producer...
I come from a place which is similar in that aspect and we have been trying to become independent for years without success... So we keep bowing down to some far away masters that do nothing for us but take our finances. I hope you guys manage to find a way before it is too late and you are left dead in the water by a government so keen to take your money but unwilling to help you when the bad times come.
I mostly agree with Dafrog, in particular about our ever expanding federal government that just cant help itself wading into areas that are not its responsibility. I like the Swiss model where the feds do defence, foreign affairs, national infrastructure etc and leave health, education, police etc to the Cantons. It would remove 100 billion from our fed budget. Swiss federal budget is 1/6th of ours for 1/2 the number of people. And the efficient cantons all charge a lot lower income taxes than we are used to.
Or bugger it, lets just secede. (Im not really a fan of that though)
Pity you didnt get another visa Benoit, maybe you could get into politics and sort the bastards out!
I haven't been bored since I was a pimply teenager
and I live in Perth ![]()
and just got back from this 3.5hrs away ![]()
^^^
So why do you discussing Perth than? :)
And this photo proves what? Again, something 3.5hrs off Perth...C'mon guys. Yeah, just made 500 :) Troll:)
^ proves nothing, just felt like sharing.. was there 2 days ago (only a short flight away), now sitting at my cbd desk looking out the window reflecting on those left handers. Life is good and maybe you just need a nice holiday
couldnt really give a toss what people think about this place or that place, lived all over the shop and am happy with my life here or there
^^^
Of course it's Bali, didn't think for one moment...:)
Having a "trip" always helps. Red or Blue? Just kidding.
Here, something 99.99% will never see in a lifetime:
This proves there is a Vulcan in Perth. Or a big mushroom. Not sure which after one![]()
On an overall Australian perspective backing my rant before. The CEO of myer has said the disability funding increases through raising the Medicare levy will hurt the retail industry.
well I'm not giving an opinion on how it is funded as this inept government (has there ever been a worse government, a balance of trade beyond anything Australia has ever seen and they still run a deficit what a bunch of drop kicks)
But the fact that this fat ass myer dic providing nothing but increasing our internal cash flow dependence on people buying crap they don't need, to make such a comment in juxtaposition to helping improve the life of people with disability just shows you how ethically twisted we have become. No it's more important those shops keep employing stupid people to sell crap to cashed up stupid people made in other countries where all the real profits go, than to improve the marginalization of people already dealt a crap hand.
What have we become. Myer you can go and suck my wang. Getting rich and fat off a twisted economic system that will eventually rob all of us of our standard of living.
Man I gotta stop listening to the news hey. Does anyone else see the puppet masters at play here. Oh well survival of the fittest I suppose has it ever been different ? History tells us no. Not much hope for these Homo sapiens hey.
Lets just kite till we can't anymore no point in worrying about this crap not what bloody city we live in!!!![]()
Eppo, I think it was a dum comment but as is usual taken out of context by the media.
His general point was all increases in taxation (such as Medicare increase to fund ndis) reduces people's net income hence reduces how much people spend. Which is a plain fact. CEO of a national retailer should have been more careful for sure.
More importantly who got a kite in after work today? I just had a quickie, but I got 4 days straight last weekend from Anzac Day onwards up at horrocks.... Wooo, love wa!
Boring? Bull****! You blokes need to get a boat! Ever heard of diving and fishing? Wishy, you're a cockhead!
From looking at this page, it would seem that spending time on the internet is a popular leisure activity for Western Australians, that and talking about mining, obviously.
No FOMO
Read a good story in last weekends paper about how some of the biggest mines are investing in DRIVERLESS trucks (haul packs) to lower their workforce requirements
Apparently a big success.
So , yes they actually are growing the mines while slashing jobs for bogans!
better enjoy that HSV while you can ,mate!
That's one of my projects and its not about reducing workforce, it's about maximizing up time and productivity of the trucks.
Heard Clive palmer is gonna run for prime minister. One of his main platforms is to invest in downstream processing so a tonne of iron ore is worth a 1000 times more. He made the point that Japan has as high or higher workforce cost than Australia and yet turn our cheap and more readily available minerals (from other developing countries) into valuable products. someone making some sense for once!
He also said we have two prime minister candidates that have not even run a tuck shop trying to work a multi billion dollar business. Classic!!
Good to see the F#$#k wits will be leaving Perth soon! .
More room for Kiters that want to live the dream with a positive outlook .
I always love to here the storys of positive people who have come from nasty places in the world and come to Perth and respect it for what it is! .
Its disappointing to to see such negativity from our own country men.
Kiting all year round for me winter swells and winter qualls all the way from Trigg to Leightons .
Its a shame pal because your going to miss out out on some worldclass kiting this winter!.
6-7 m swell at rotto mmmmmm!