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Beyond the expected

Agriculture giving 220 staff the arse

By johnboy 12 November 2013 26

Government News has more from the killing grounds as “natural attrition” meets the same grim realities as “turning back the boats”:

An all staff email from Agriculture Department secretary, Paul Grimes, candidly admits that “natural attrition in recent months has proven to be lower than forecast” and that the department is now making “arrangements for a voluntary retrenchments program to further reduce our staffing levels.”

Mr Grimes’ recognition that natural attrition rates are materially less than anticipated is a double headache for the government because the retrenchments planned for Agriculture are a bitter hangover from the previous Labor government’s loathed efficiency dividend.

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Agriculture giving 220 staff the arse
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Gungahlin Al 10:12 am 22 Nov 13

With threats of massive layoffs, who could possibly have predicted that natural attrition levels would fall??

Geniuses.

Robertson 9:50 am 22 Nov 13

kakosi said :

Robertson said :

dtc said :

I dont expect the property market to take off and it may shrink a little bit and not do anything for ages. But thoughts of it crashing are optimistic (for yet to invest but want to invest) – even in the 1990s, there was no crash, things just didnt improve for about 5 years.

I don’t know about that – the house I bought for $140k in 1998 had cost its owners $210k in 1994, and sold for close to $400k 5 years later. Easiest money you can make. As long as you don’t buy in Bonython or Crace, or any other worthless woopwoop suburbs.

It’s only easy money if you can sell it and buy a cheaper or same value home with that money.

I was thinking more in terms of the amount of dollars I managed to save out of my fortnightly pay over the same period.

kakosi 10:30 pm 21 Nov 13

Robertson said :

dtc said :

I dont expect the property market to take off and it may shrink a little bit and not do anything for ages. But thoughts of it crashing are optimistic (for yet to invest but want to invest) – even in the 1990s, there was no crash, things just didnt improve for about 5 years.

I don’t know about that – the house I bought for $140k in 1998 had cost its owners $210k in 1994, and sold for close to $400k 5 years later. Easiest money you can make. As long as you don’t buy in Bonython or Crace, or any other worthless woopwoop suburbs.

It’s only easy money if you can sell it and buy a cheaper or same value home with that money.

Robertson 3:46 pm 21 Nov 13

dtc said :

I dont expect the property market to take off and it may shrink a little bit and not do anything for ages. But thoughts of it crashing are optimistic (for yet to invest but want to invest) – even in the 1990s, there was no crash, things just didnt improve for about 5 years.

I don’t know about that – the house I bought for $140k in 1998 had cost its owners $210k in 1994, and sold for close to $400k 5 years later. Easiest money you can make. As long as you don’t buy in Bonython or Crace, or any other worthless woopwoop suburbs.

milkman 3:20 pm 21 Nov 13

thebrownstreak69 said :

Robertson said :

thebrownstreak69 said :

Robertson said :

gungsuperstar said :

The bloodbath continues…

900 VRs from Tax this afternoon.

Up to 200 – a quarter of the workforce – at Geoscience Australia at risk because of non-ongoing contracts. (Just as well they don’t do any important work like the Tsunami Warning Centre or anything…)

Good. House prices should come right down.

Shame no-one will be able to get finance to buy them.

Good. They’ll come down even more.

It’s ridiculous that the jerry-built rubbish that passes for housing in this country attracts the ludicrously over-inflated prices it does.

In fact, I won’t be looking at buying a house next year – what I *will* be doing is making an extremely low-ball offer to a desperate builder in dire need of financing his matching his/hers pair of beamers/coastal property/collection of assorted power boats/jetskis/etc…, for him to do a number of projects around my house that I have been holding off on for a number of years in the expectation that this day would come.

Buy low, sell high.
I am amazed at the people who have been buying houses at today’s prices – one in my street sold the other day, I assume for some ridiculous $700K+price. Haw haw, fools and their money, eh?

Absolutely. Look at all those working poor who swept in and snapped up all those lovely homes in the US when their bubble burst. There’s practically no homelessness any more.

Oh, hang on…

Sad but true.

dtc 2:48 pm 21 Nov 13

Robertson said :

thebrownstreak69 said :

Robertson said :

gungsuperstar said :

Buy low, sell high.
I am amazed at the people who have been buying houses at today’s prices – one in my street sold the other day, I assume for some ridiculous $700K+price. Haw haw, fools and their money, eh?

Did you make the same decision in 2008 when the GFC was going to cause housing prices to crash by 50%? That was a winner…

Tax, for example, has 26000 or so employees of which under 4000 are in Canberra. So a 900 reduction will probably be less than 200 in Canberra (of which a high proportion will be VRs).

I dont expect the property market to take off and it may shrink a little bit and not do anything for ages. But thoughts of it crashing are optimistic (for yet to invest but want to invest) – even in the 1990s, there was no crash, things just didnt improve for about 5 years.

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