What do you expect!
We all want a decent Pay each week,
I get a decent pay each week. Don't you? If not, perhaps you should consider
a different vocation. Perhaps being a lawyer, doctor, surgeon, accountant,
architect, mechanical, project, or electrical engineer would make you happier
with your pay packet.
We are not Little China men working in a country earning next to nothing.
Quite a lot of Chinese women work in factories producing electronic goods.
Their standard of living has improved vastly in the past 10 years.
We have govts with Free trade agreements saying its a good thing,
They also drop the Import duty's.
Making imported goods cheaper. After all, why should my hard-earned cash go
to the treasury in the form of tariff payents, to protect inefficient local companies who
don't want make their goods cheaper. Tariffs amount to little more than protection
money, ie extortion. And why should Australian goods be more expensive to foreign
consumers, because the local manufacturers can't make their goods cheaper/better
or more innovative.
China do not have a floating currency, its like we used to be years ago, a
fixed Exchange rate.
So in reality they have a VERY cheap exchange rate.
Labour is also very cheap. Overseas companies also get incentives to build factories
and employ local people. More investment, more factories, business want a more
educated workforce so they can expand their businesses, thus wages increase,
prices increase, etc.
So yeah, they and other Asian Countries will ALWAYS out perform us Caucasian
Oh really? I don't see Australian industry falling over itself to head into oblivion
because the Asians are "outperforming" us. Remember that the economy of many Asian
countries were in recession for many years when Australia was booming. And still is.
Japan until recently had zero growth for about 10 years.
Wage earners....
So don't Gripe when our poor Australian Companies cannot compete against
these guys,
As I understand, the factory was owned by overseas interests (Matsushita Electric
Industrial Co.) so the decision to close the factory would not have been made locally.
BTW, Panasonic is investing $150 million for a building and equipment in Singapore.
(I can just hear the steam coming out of Allan's ears right about now ;-) )
Besides, who's buying large screen crts anyway? And who really wants to stuff
pcbs day in, day out anyway? Do you? That's why pcb stuffing machines were
invented. Oh, and to reduce costs.
It just will never happen...
Roll over and die then, eh? Don't innovate then, eh? Don't develop new products
and develop new markets, eh? Who, other than another large manufacturer
would want to mass produce other domestic equipment like dvd players, tv's, to
compete against other manufacturers? There ain't the incentives for a small start-up to
produce and compete in those markets other than for manufacturers building specialised
equipment, ie Halcro.
Personally, I think they should have High Tariffs on ALL imported Gear, and
anything Made Locally should be free of Tax and other duties. Thus putting
us on a better equal playing field. It snot Just electronics, it should be
across the board, Cars, Foods etc..
Allan
What equal playing field? Since when do world markets consist of "level playing fields"?
Countries all over the world have tariffs to protect their local markets. Food? You want
cars, food, housing, electronic goods to be more expensive, just so we can be on an
"equal playing field"? Who's playing field? Yours?
I'm glad you're not in government.
