The Forum > General Discussion > The byproduct of mining
The byproduct of mining
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I have recently retired from retail, after some 35 odd years, and I can tell you, that is a very sorry sector indeed.
They simply cannot compete on wages and conditions and, the likes of Coles and wollies knows this, and they also know it's just a matter of time before the competition (small retailers) are a distant memory.
Hospitality and tourism are the same, they simply can compete with the 2 on 2 off being offered at many mine sites today.
Nor can they compete with the $35 to $50 per hour (basic rate) being offered out there.
To simply keep taxing companies is in my view unjust, so instead, perhaps a levy should be imposed, not a tax on profits, but a levy, and this levy should be applied to the payrolls of any provider of staff to the mines, both internal and external.
These levy funds should then be used to subsidize wages in the non mining sector so these non miners can afford to run thier businesses.
This should entice some to stay home and work, as many today leave their families in the quest of the huge dollar.
Of cause this may put preasure on miners to increase wages, but as they increase wages, so to do the levies increase.
Either way, we have to come up with something to stop what is becoming a very real problem, and just another tax won't cut the mustard, as it won't deal with the two speed economy effecting many small, medium and large businesses out there in the non mining sector.