Skip to content Skip to main navigation


We develop leaders who transform
business, society & economies

End of Financial Year – what is going on??

By Peter Holland 19 June 2008 13

Usually at this time of year, I am a neurovore – that is, I am living on my nerves. (Thank-you Terry Pratchett for putting a name to my condition, finally)

The end of Financial year is usually filled with many requests for quotation, orders must go out by the 30th etc, etc. (BTW, I am a salesman)

This year, I find that I am not as busy.

Is this something that others have found in their respective fields? is it a result of the new govt’s budget / petrol prices / lack of consumer confidence?

What’s Your opinion?

Please login to post your comments, or connect with
13 Responses to
End of Financial Year – what is going on??
Showing only Website comments
Newest to Oldest
Oldest to Newst
peterh 10:50 am 23 Jun 08

must have been a blip in my EOFY approach, Dammit! busier than ever now.

la mente torbida 12:55 pm 20 Jun 08

I take it tandu is a contractor with a huge set of blinkers.

tandu 12:43 pm 20 Jun 08

Bags of work out there, just look on
If they tried to pull any BS “caps” then they’ll have to explain the empty desks and no work getting done as the contractors will just say “toodle-ooo” and wander off to Westpac in Sydney.
It’s the contractors that do all the work anyway. If left to the permanents the whole system would seize up faster that you could say “flex day” or “that’s not my responsibility”.

peterh 12:20 pm 20 Jun 08

Pandy said :

U are bad salesman?

I certainly hope not!

I work in the wholesale industry, so my clients are resellers, not end users. if I see a downturn, it means that the resellers are suffering more…

madman 8:30 am 20 Jun 08

Seems there’s cutback on this thread as well! only 8 comments!!!!

That’s a downfall in it’s self!

harley 7:58 am 20 Jun 08

I had trouble getting a renewal, but my EL2 argued and won it for me. It was a business decision, not a rate problem.

The pimps I have been talking to say there are only 1/3rd the contract roles out there that there was this time last year.

green_frogs_go_pop 9:35 pm 19 Jun 08

My work’s as busy as ever.


Felix the Cat 8:26 pm 19 Jun 08

My work is quiet too at the moment, been this way for a few weeks. Insurance companies indirectly provide us with work. There shouldn’t really be any reason for the downturn, people should still be making insurance claims and Canberra’s population is growing daily. We aren’t contractors to the PS. We are not reliant on or connected in any way to PS.

Pandy 6:53 pm 19 Jun 08

U are bad salesman?

sexynotsmart 6:00 pm 19 Jun 08

Slow down? It certainly hasn’t here!

But a previous poster has extended the thread on contractors.

First off, I don’t know of any recent single document/circular/instruction saying ‘cut down contractors’.

But what I do know is hourly and per diem rates for IT contractors increased markedly over the past couple of years. There has to be a price point where ‘value for money’ provisions set out in Commonwealth Procurement Guidelines and Financial Management and Public Service Acts etc mean sometimes the public interest is better served by not doing a task, rather than paying exorbitant amounts for it.

A couple of years ago, my typical run-of-the-mill contracted project manager or AP cost about the same as an EL2 plus oncosts. Today they are 50% more. I have several business areas who have postponed or withdrawn projects simply because the funding (secured 1 or more budgets ago) is no longer enough. And more who are still proceeding, but with a reduced scope.

Our Political Masters are aware of this. 2% efficiency dividends and no rollovers are the immediate response. Please refer to the recent Gershon post for musings about what is to come. (For what it’s worth, I think most of the posters missed the point. The UK and Queensland experiences point to reducing competition between departments for the same resources to the same tasks. I think we’ll have a similar approach here.)

So next time you or your firm seek a $20-per-hour increase for a contract extension, think how a government may seek to reduce its overall expenditure. Your actions may lead to contractor rates being capped at those comensurate with APS-plus-oncosts.

(In the interests of full disclosure, I am leaving the APS at the end of August. And starting work as a higher-paid contractor.)

riotuser 5:08 pm 19 Jun 08

I heard some departments are planning to reduce contractors, anyone know which departments are these?


realityskin 2:49 pm 19 Jun 08

yeap, slashing of contract renewals 2:31 pm 19 Jun 08

apparantly contractor roles are drying up in Canberra, is this true?

Related Articles

CBR Tweets

Sign up to our newsletter

Copyright © 2018 Riot ACT Holdings Pty Ltd. All rights reserved. | | |

Search across the site