The Forum > General Discussion > IR will be a key issue
IR will be a key issue
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I am about to build a rental on one of my lots, a transportable, aimed at miners and it should rent for about $1500 to $2000 per week. Not bad for a $200K investment.
Had I done the same five years ago, my rent would have been $120 to $150 per week, if anything, as I am ten km from town.
The expectations of young workers today is out of whack. Nowadays, two week on, two week off and a $120K per year is the norm.
Out here we have young guys finishing their apprenticeships, being scooped up by the mines on a start up rate of $180K+.
They are the ones who will suffer as they simply won't cope with reality when the boom stops.
Wages for on miners must be subsidized or business will simply fold.
As I have said many times, welfare is governments responsibility, not small businesses.