I realise everyone posting here has vested interests in the...

I realise everyone posting here has vested interests in the share price going up on perpetual good news, look at it laterally.

Last time we had the mega boom, skilled workers disappeared from the available pool, wages went up, inflation rocketed up, house prices rocketed, unemployment was basically as low as it can ever go.

Now we're at a similar stage, all of the new skill for the new mining projects us coming from overseas. Its a fact, I work at the airport in Perth and I see quite a few chinese people boarding these flights for karratha and port headland and newman amongst all of the other bumblebees.

Look at the move as a dampener to what happened last time. What happened last time was great for people who own their houses and have millions of dollars in share portfolios, but for the other 80% of Australian's the country just got more expensive.

Dragging 35000 skilled workers out of major cities only drives prices up amongst the engineers, tradies etc who are left.