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Victorian industry in strife; Looking rosy for Melbourne
Topic Started: 22 Dec 2013, 11:42 PM (644 Views)
Poontang
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http://www.theage.com.au/victoria/victorian-industry-in-strife-20131222-2zt50.html



Quote:
 
Manufacturing in Victoria is being choked by the high dollar, rising costs and strong competition from cheaper foreign rivals, as employment in the sector has fallen to its lowest since records began almost 30 years ago.

There are now 271,383 Victorians working in manufacturing, down almost a third since August 1988, when employment in the sector peaked at more than 383,000.

Read more: http://www.theage.com.au/victoria/victorian-industry-in-strife-20131222-2zt50.html#ixzz2oCtpUOMA


There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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mel
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Quote:
 
There are now 271,383 Victorians working in manufacturing, down almost a third since August 1988, when employment in the sector peaked at more than 383,000.


'down a third' isn't pretty, but to keep it in context it's down a third from 25 years ago.

Have a read of the jaw dropping shit from the PDF on this page and then consider Glenns jawboning about the 'shift from mining to construction'.

If wages feedback to a high enough level there shouldn't be any problem getting a ton of people to hang off a shovel for a few years.
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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Foxy
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Zero is coming...

There is manufacturing in Victoria?

News to me.

For the life of me i can not think of anything made in Victoria, Where in China is that again?

Peter
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http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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