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  1. #1
    Investing the difference r32gojirra's Avatar
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    Construction workers union pushing for AUD$240,000 entry wage

    Yes , you read that right - entry wage

    “Tradies on a $6.3 billion construction project are walking off the job as their union calls for pay rises which would see an entry-level worker earn an eye-watering $240,000 per year.”

    This is Brisbane by the way, where cost of living is much lower than Sydney

    https://www.news.com.au/finance/work...2c6a4e3b295c30

    Remember: United you bargain. Divided, you beg.

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  2. #2
    👌 ( ͡° ͜ʖ ͡°) N0rds's Avatar
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    Why not just make it $2,400,000 entry wage?



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  3. #3
    Investing the difference r32gojirra's Avatar
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    Originally Posted by N0rds View Post




















    Why not just make it $2,400,000 entry wage?



    Everyone could be multi-millionaires!!!!!!!!!!!!!!!!!!!!!!!!!!11111!!!!!!! !!!!!!!!!!!!!!!!!!!1
    Not everyone

    Just tradies

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  4. #4
    "Your one f*ck fantasy" Shortfuze's Avatar
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    That's there negotiating position; they will have to drop it down halfway to what they earn now and the $240,000.


    Still that's an insane amount of money for an entry level tradie job. You better be worth that kind of money.
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    fuk it, why not?

    buncha feggits in upper management that were hired by their uncle to do nothing all day
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    ™gif me so i can gif you© Kiop's Avatar
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    the rise of tradies
    ,no when will be loling
    at them anytime soon ass..
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  8. #8
    Investing the difference r32gojirra's Avatar
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    Originally Posted by Shortfuze View Post
    That's there negotiating position; they will have to drop it down halfway to what they earn now and the $240,000.


    Still that's an insane amount of money for an entry level tradie job. You better be worth that kind of money.
    Still plenty pf white-collar university grads they’re going to be stunting on, in their raptors and rams hanging a marly red out the window and a monster energy drink in the cup holder
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  9. #9
    ¯\_ (ツ)_/¯ Anachron's Avatar
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    Just LOL @ tradies?

    Not today...

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  10. #10
    Investing the difference r32gojirra's Avatar
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    Imagine pulling in a quarter mil a year and 70% of your day is hanging around on a job site complaining about your foreman
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  11. #11
    Registered User outfoxxed's Avatar
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    Theyll still find a way to live paycheck to paycheck with their love of scratch offs, pickup trucks and their pack a day habit
    Sniff hard as fuk when guys pass by to smell their balls crew
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  12. #12
    Investing the difference r32gojirra's Avatar
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    Originally Posted by outfoxxed View Post
    Theyll still find a way to live paycheck to paycheck with their love of scratch offs, pickup trucks and their pack a day habit
    Living rent free boyo

    And more to the point, tax free

    That $240k is more like $350k once you account for the tax bennies
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  13. #13
    Registered User swoleyo's Avatar
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    LOL that's because all you useless ****s can't even get a toilet to stop leaking.


    As a union tradesmen I'm making so much money right now because people don't have any skills anymore. Can't do electric, plumbing, even paint a wall.


    Yeah bro, I'll do it for you. Give me 500 dollars to come out and we'll go from there. Also show me your wife, I need to borrow her.
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  14. #14
    Registered Cat FelixTheCat1919's Avatar
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    Originally Posted by Shortfuze View Post
    That's there negotiating position; they will have to drop it down halfway to what they earn now and the $240,000.


    Still that's an insane amount of money for an entry level tradie job. You better be worth that kind of money.


    This. Unions always start contract negotiations by asking for the moon, all kinds of chit they know they will never get. Then they settle on about half or less than half of whatever they asked for, sometimes much less than half. Their logic is "aim for the stars so they hopefully meet the union halfway". Do with that info what you will.
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    Originally Posted by r32gojirra View Post
    Living rent free boyo

    And more to the point, tax free

    That $240k is more like $350k once you account for the tax bennies
    Tradies all live rent free cause most of them live in budget motels
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    Originally Posted by swoleyo View Post
    LOL that's because all you useless ****s can't even get a toilet to stop leaking.


    As a union tradesmen I'm making so much money right now because people don't have any skills anymore. Can't do electric, plumbing, even paint a wall.


    Yeah bro, I'll do it for you. Give me 500 dollars to come out and we'll go from there. Also show me your wife, I need to borrow her.
    Okay hero.


    Also for all the hate tradies get on the misc.
    Unless you're a fcking retard tradies in Aus are generally making good coin.
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  17. #17
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  18. #18
    Investing the difference r32gojirra's Avatar
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    Originally Posted by outfoxxed View Post
    Tradies all live rent free cause most of them live in budget motels
    Having seen a number of tradies’ homes, they are usually stupidly big with loads of excessive features and pointless gadgets, media rooms, bedrooms, massive garages etc
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  19. #19
    Investing the difference r32gojirra's Avatar
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    Originally Posted by FelixTheCat1919 View Post
    This. Unions always start contract negotiations by asking for the moon, all kinds of chit they know they will never get. Then they settle on about half or less than half of whatever they asked for, sometimes much less than half. Their logic is "aim for the stars so they hopefully meet the union halfway". Do with that info what you will.
    You seem to have missed the point that this claim is for entry-level workers
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  20. #20
    ToningWasTooHarshForMe atgbrahsrs's Avatar
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    Originally Posted by r32gojirra View Post
    Having seen a number of tradies’ homes, they are usually stupidly big with loads of excessive features and pointless gadgets, media rooms, bedrooms, massive garages etc
    so tradie > doctor > anything corporate?

    in australia
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  21. #21
    Investing the difference r32gojirra's Avatar
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    Originally Posted by atgbrahsrs View Post
    so tradie > doctor > anything corporate?

    in australia
    Depends

    The reason their houses are so big is that they are paying wholesale on materials and getting mates rates on consultants and trades

    In terms of incomes, a white- collar consultant at the top of his game might make $500k or $600k, more as an equity partner, and will have been able to access at least some tax planning opportunities depending on if they have kids etc but the bulk of their income is taxed at 47-49%

    Medical professionals can make more but they have professional indemnity/liability costs and other costs as well like maintaining a practice/rooms.

    Tradies can easily start at $200k if they are decent at what they do and operating under their own ABN. HOWEVER:
    1) they will start earning this at around 19-20 years old whereas the white collar counterparts are still part-way through their undergrad with maybe 5-7 years schooling ahead of them
    2) they don’t have a student debt
    3) they have more tax planning opportunities available to them
    4) they can run the scam of repeatedly building and selling their “primary residence” which is tax exempt and rake in literally millions on top of their earned income

    Yes slightly mad

    Wish someone had explained the above to me when I was young
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    ¯\_ (ツ)_/¯ Anachron's Avatar
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    Originally Posted by r32gojirra View Post
    Having seen a number of tradies’ homes, they are usually stupidly big with loads of excessive features and pointless gadgets, media rooms, bedrooms, massive garages etc
    Don't forget toys...

    I mean adult toys.

    No, no those kind of adult toys ( or maybe? )

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    Originally Posted by Anachron View Post
    Don't forget toys...

    I mean adult toys.

    No, no those kind of adult toys ( or maybe? )

    The big stupid trucks are tax free (sales tax and income tax) so they basically are paying half price

    Many of them have impressive car collections but idk if these are liabilities or assets

    As for boats and jet skis etc yes many have them, but not my bag, so idk
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    ToningWasTooHarshForMe atgbrahsrs's Avatar
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    Originally Posted by r32gojirra View Post
    Depends

    The reason their houses are so big is that they are paying wholesale on materials and getting mates rates on consultants and trades

    In terms of incomes, a white- collar consultant at the top of his game might make $500k or $600k, more as an equity partner, and will have been able to access at least some tax planning opportunities depending on if they have kids etc but the bulk of their income is taxed at 47-49%

    Medical professionals can make more but they have professional indemnity/liability costs and other costs as well like maintaining a practice/rooms.

    Tradies can easily start at $200k if they are decent at what they do and operating under their own ABN. HOWEVER:
    1) they will start earning this at around 19-20 years old whereas the white collar counterparts are still part-way through their undergrad with maybe 5-7 years schooling ahead of them
    2) they don’t have a student debt
    3) they have more tax planning opportunities available to them
    4) they can run the scam of repeatedly building and selling their “primary residence” which is tax exempt and rake in literally millions on top of their earned income

    Yes slightly mad

    Wish someone had explained the above to me when I was young

    jesus christ, the way you are describing this there are so many things to take into account

    since house purchase is literally the biggest cost of anyone's life sans kids possibly, this materials thing scales quite nicely no?


    also, corporates cannot be making more than 200-300k the vast majority of them

    you do not come out of undergrad in commerce (I just know this is business management in australia, I am in the UK) do not enter high finance or consulting...

    Doctors need more schooling after base

    honestly the way you are describing this makes the trades no brainer for anyone who is not disabled

    of course there are injuries but there are insurance for that

    also if you need to retire earlier you who cares if you have made a bunch of money you fly straight to Thailand for debauchery

    But I also think that trades is something someone reasonably OK dexterity-wise (I mean, USA/AUS tradespeople out of shape galore anyway?) and the learning curve - that is something a commerce or medical or other graduates can go yes?


    wouldnt that drive down prices given competition?

    is it simply everyone wants to be tiktok or doctor but tiktok is paretto distribution whereas not every zoomer can get into medical school and until the chickens come to roost aka parents kick them out the supply is low

    or senior tradies corner the business because they are senior?

    but what you say is entry level so...????
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    Registered User AlexxVann's Avatar
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    Originally Posted by atgbrahsrs View Post
    jesus christ, the way you are describing this there are so many things to take into account

    since house purchase is literally the biggest cost of anyone's life sans kids possibly, this materials thing scales quite nicely no?


    also, corporates cannot be making more than 200-300k the vast majority of them

    you do not come out of undergrad in commerce (I just know this is business management in australia, I am in the UK) do not enter high finance or consulting...

    Doctors need more schooling after base

    honestly the way you are describing this makes the trades no brainer for anyone who is not disabled

    of course there are injuries but there are insurance for that

    also if you need to retire earlier you who cares if you have made a bunch of money you fly straight to Thailand for debauchery

    But I also think that trades is something someone reasonably OK dexterity-wise (I mean, USA/AUS tradespeople out of shape galore anyway?) and the learning curve - that is something a commerce or medical or other graduates can go yes?


    wouldnt that drive down prices given competition?

    is it simply everyone wants to be tiktok or doctor but tiktok is paretto distribution whereas not every zoomer can get into medical school and until the chickens come to roost aka parents kick them out the supply is low

    or senior tradies corner the business because they are senior?

    but what you say is entry level so...????
    What the fuk have you just attempted to say?
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    ToningWasTooHarshForMe atgbrahsrs's Avatar
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    Originally Posted by AlexxVann View Post
    What the fuk have you just attempted to say?

    if an entry level tradie, which is a job that can reasonably be done by tons of graduates who are not liberals who think tradie = wifebeater, pays a ****ton

    and it has a lot of aforementioned perks

    why would anyone bother with anything else?

    shouldnt be there supply saturation
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    Originally Posted by atgbrahsrs View Post
    if an entry level tradie, which is a job that can reasonably be done by tons of graduates who are not liberals who think tradie = wifebeater, pays a ****ton

    and it has a lot of aforementioned perks

    why would anyone bother with anything else?

    shouldnt be there supply saturation
    The economy has fundamentally changed but people haven’t updated their ideas about trades

    1) boomers see trades as being less prestigious so push their kids into university

    2) boomers in Australia got free uni. Now a useful degree is $100’s of thousands, but the debt doesn’t factor into people’s thinking. Nor the time out of the workforce while studying.

    3) the highest tax rate (49%) used to capture maybe the top 2% of earners. Now it’s 30% or more. So it’s not how much you earn but how much you keep.

    4) even if the tradie and white collar worker are on the SAME pay, the tradie is hundreds of thousands of dollars better off due to how our tax system works

    5) a three year degree used to be enough to get a good job. Now it’s 5 years plus post grad plus professional year, so at least 7 years. Tradies do a 3 year aprenticeship starting as young as 16

    6) houses did not used to be a way to generate such massive wealth. Now that a house is worth multiples of a yearly salary, AND they changed the tax laws to exempt them from tax, tradies who have a builders license can make millions for free.

    7) tradies including builders used to make a pretty crappy wage. Now with the labour shortages they write their own cheques.

    Two other factors:

    8) if you are a trade or consultant that has an ounce of customer service skill you are set. Most trades will issue a quote and say “that’s it, don’t like it **** off”. If you take 5 minutes to explain why it costs that, what are the options/risks etc your clients love you and you are like gold. I have consultants and trades like this and I never look elsewhere.

    9) all the successful tradies I know have a mentor in the game, who has put them onto a good accountant and got in their ear about starting a business, investing etc. this doesn’t happen in white collar fields. Some that didn’t have a mentor piss their money away on holidays and gambling and drugs etc
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    Honestly this is the most bubble thing ever. It takes, what, 2 years to learn a trade to the entry level? With essentially no barrier to entry, right?

    Prepare for the massive influx of people into the trades driving prices back to $60k/yr for backbreaking labor.
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    Investing the difference r32gojirra's Avatar
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    Originally Posted by JackyChin View Post
    Honestly this is the most bubble thing ever. It takes, what, 2 years to learn a trade to the entry level? With essentially no barrier to entry, right?

    Prepare for the massive influx of people into the trades driving prices back to $60k/yr for backbreaking labor.
    You forgot about FIFO jobs in mining pushing up the wages though

    None of this happened overnight
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