Australia's largest stock trading and investment forum Australia's #1 stock forum

Perth - Game Over?, page-5

First 5 Last

Share
Profile

Follow
Sector

35,472 Posts.

2863

10/07/14

19:56

Post #: 13642235
Share

Originally posted by falcon347 ↑

imo perth is almost at game over. Im in the process of winding up my construction business, i can see the bad times coming very soon. work is drying up at a rate i haven't seen before, its becoming very cut throat. In the last 2 weeks ive had 4 different contracting crews contact me looking for work, thay are all desperate. Im fortunate enough to not be in that position (yet) but i am owed substantial amounts of money and ive had enough of it and being caught out losing money from builders going broke around me. the main builder i source my work from is on a knifesw edge, maxed out credit cards, customers not paying , won't be long till he goes under too.
So im going back to wages, i rang a place i used to work for a number of years ago (commercial and industrial construction) they went broke last month. ive managed to secure a fulltime job now earning good money. i will be staying well clear of property. good luck everyone, listen to the warnings before its to late

Expand

obviously the people that you scored FT work from on a good salary know how to run a business.

some have no idea.
1 Upvote

Reply

Top Stories

RML

Resolution Minerals appoints industry experts to fast-track US growth strategy

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Close: How a megadam in Tibet pushed us into the red

FBU

Fletcher Building 'exploring options' around construction division sale

First 5 Last