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#31 | ||
FF.Com.Au Hardcore
Join Date: Aug 2007
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#32 | ||
Bolt Nerd
![]() Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,632
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The Alcoa Anglesea power station will no doubt also go?
Isn't this used to back up the grid during high use peaks? Be interesting how electricity supply copes during future summer heat waves?
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner ![]() |
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#33 | ||
Regular Member
Join Date: Mar 2013
Posts: 128
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Anglesea power station was used to power one potline at Point Henry. It too will go the same way as the smelter, local residents will heavily object to it's licence renewal.
Alcoa paid $137,000,000 collectively for all its sites across Australia. Point Henry has an approx. 95% exemption from carbon tax.
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#34 | ||
Lyminge, Shepway, Kent
![]() ![]() Join Date: Oct 2008
Location: Geelong - Go Cats
Posts: 3,197
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It is going to be put up for sale.
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#35 | |||
FF.Com.Au Hardcore
Join Date: Apr 2009
Posts: 2,215
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#36 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 1,710
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true, the blokes getting their big payouts (200g +) can live off that for quite a few years, without getting the dole, so theres no reason for any change in housing markets around geelong for at least 3 years? Then they should have got a job or have retired anyway.
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#37 | |||
Lyminge, Shepway, Kent
![]() ![]() Join Date: Oct 2008
Location: Geelong - Go Cats
Posts: 3,197
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Quote:
Plenty will try the FIFO path, their skills won't be required in Geelong and unlike the Ford employees, they have a pretty short period of time to make adjustments.
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#38 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
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Just the beggining , decades of idealistic government policy has stuffed us
and we are almost an industrial backwater, 10 million tax payers for the whole country quickly heading to 9 million. We sold out our manufacturing and industry years ago and now it's coming back to bite us on the backside. |
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#39 | ||
Regular Member
Join Date: Mar 2013
Posts: 128
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This is what will bite the majority of workers. Sparkies, fitters, mechanics, etc. have a trade behind them and will need minimalistic retraining. The guys who tapped metal, set carbon and drove forklifts are in deep sheet.
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#40 | |||
Powered by Marshall
Join Date: Jan 2005
Posts: 1,138
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Thousands of people every day leave jobs in this country with 4 weeks pay in their pocket and that's it. No one is unemployable. Everyone has a chance. And quite frankly someone has a much better chance of retraining and redeploying with $200,000 in their pocket that someone with $2,000. Anyone who was half smart and half employable will be re-employed within 6 months and have $150k in their back pocket to offset and initial salary decrease or relocation expenses. So can we quite the drama and scaremongering and get on with life please?
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#41 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Pit Lane
Posts: 11,867
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what about those that are older?
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#42 | ||
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Join Date: Jan 2005
Posts: 1,138
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What is to stop anyone of any age reskilling, re-educating or redeploying?
When you have $200k in your pocket you have plenty of time to sort out a solution. Lots of time.
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#43 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Pit Lane
Posts: 11,867
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oh good, so nobody has a problem
reality is, many older people in the workforce find it difficult to get re-employment no matter how skilled they are.
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#44 | |||
Virtuous Bogan (TM)
![]() Join Date: Jan 2005
Location: TAS
Posts: 27,565
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Quote:
Anyway, he did a course in traffic management, $1000 later walks out with a ticket and now earns that a week spinning a traffic sign. But it took nearly 3-4 months of applying to get there. I honestly wasnt sure if he would land something because of his age but these people need to think about what they can do not what they want to do (age dependent). There are so many people that loose their jobs with no notice and no payouts. Its still a horrible thing to go through, and I fear in the short term Geelong is going to turn into a ghetto.
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#45 | ||
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Join Date: Jan 2005
Posts: 1,138
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No. Lots of people have problems and lots more are going to have problems.
Luckily however due to generous redundancy packages and ample notice (3 years in some cases) the solutions available to them are much greater than the normal redundancy / termination scenarios most people find themselves in.
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#46 | ||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
Posts: 2,103
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Hypothetical job's - there are lots of these.
It is an employers market, they pick and chose. A middle aged guy, working on the factory floor paints a certain stereotype, likewise a pencil pusher employed for 20 years in a government dept paints a certain stereotype too. Being part of the union movement will not help either. Regardless of all the "paper based skills" people have, employers pick people with practical experience, malleable mindsets and good looks (not necessarily in that order). |
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#47 | |||
FF.Com.Au Hardcore
Join Date: Jan 2005
Location: Perth WA
Posts: 1,204
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Quote:
I don't know Geelong property values but I suspect a typical family home there back in 2002 would be around $250K max? 10% deposit = $225K mortgage and 40% into that = $135K. Potentially pay off the home which leaves around 1 years pay to retrain/find another job which doesn't have to be as high paying given the mortgage is sorted. |
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#48 | ||
If it ain't broke........
![]() Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,553
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The silence is deafening eh.............
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#49 | ||
BANNED
Join Date: Jul 2012
Posts: 2,886
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#50 | |||
Regular Member
Join Date: Dec 2011
Location: Geelong, Victoria
Posts: 192
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Quote:
Oh, and there won't be that many payouts of $200K plus. I've been there for near on 25 years and I'll give you the tip that if our redundancy is based on the provision in our EBA I won't be anywhere near $200K. We're obviously going to try over the next six months to get a better deal but there's certainly no guarantees on that. Also I saw mentioned above that Point Henry uses 25 or 30 percent of Victoria's power. It's actually about 6 percent which is still a pretty big chunk. I don't know what they're actually paying for power down there, I've asked the question but it's confidential, but if I had to have a calculated guess I'd say somewhere about 4 cents per kilowatt hour. Go have a look at your power bill and see how that compares, they're getting power dirt cheap. And will you blokes please let this carbon tax waffle go. There are two major factors that are bringing about this closure. One, the glut of aluminium worldwide caused by an oversupply particularly from plants in China. Many of them receive government funding that allows them to continue to operate at a loss so that they're able to influence the LME price for aluminium and squeeze out their competitors. That is causing a dramatic drop in our revenues. Two, as mentioned elsewhere we have a 50 year old plant. Total capacity of the smelter is about 180 000 tonnes a year. The plant in Saudi Arabia that has just come online last year has a capacity of about 500 000 tonnes. We struggle to compete with the technology in those newer plants, some of the machines in our plant were second hand when they were installed in the sixties! And, like most exporters in this country, we're being hurt by the high Aussie dollar. We trade in greenbacks but our outgoings here (wages, production inputs etc.) are paid for in local currency. Anyhew, enough of my waffling. Just thought I'd set the record straight on a few details. I'm off to polish my resume. Cheers.
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#51 | |||
FF.Com.Au Hardcore
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#52 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
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I absolutely hate looking for work, I find it very stressful, and I imagine everyone getting the bullet wont be walking out with 200k in their pockets, work location is another consideration, for some people losing a job and finding something that suits their skill set and not big kilometres away from home will be very hard.
And not every one picks up a new skill set like buying a pack a winny blues from the shop. some of these people will be doing it very tuff indeed. |
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#53 | ||
FF.Com.Au Hardcore
Join Date: Jun 2011
Location: Gladstone Qld
Posts: 664
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Thanks for clarifying the situation Chocko. I also work in the same industry, only for a different employer. I heard about the closure a couple of days ago & I can't say I was shocked. I know the challenges the industry you speak of (over supply to the market & the subsequent low price per tonne on the LME. The high AU dollar e.t.c.) We are doing all we can as employees to cut costs & improve productivity but the situation has been slowly worsening. This summer we had the added challenge of losing access to part of our electricity supply which meant we had to cut production. Restructuring has seen some jobs become redundant but thankfully the number roles lost has been done through redeployment & natural attrition. I can only hope the AU dollar drops soon as this will be our only relief.
Sorry to here of your situation & hope you get a fair deal with your redundancy. |
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#54 | ||
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Join Date: Jan 2005
Posts: 1,138
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Thanks Chocko
Interestingly the decommission and repatriation may well be a 10 year operation. Is it not feasible that those that currently run and maintain the plant would be the first in line for the contractor who wins the contract to dismantle and remove the plant? I imagine the power station will also be dismantled. I understand its a second hand unit that dates back to the 50's and is possibly the most inefficient in the country. On that basis it would be hard to sell to anyone I would think. Again another opportunity for current employees with IP to be first in line? Hope it all goes well
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#55 | ||
Regular Member
Join Date: Dec 2011
Location: Geelong, Victoria
Posts: 192
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Thanks for the well wishes guys.
XWGT, it's still early days but we're talking with management about whether there could be some work for employees during the demolition/salvage phase but we don't have a clear picture on when that will actually happen. I feel for the production guys, I've got a trade with a pile of post trade qualifications so I have that behind me but many of the production workers are basically unskilled (there are some with a trade qualification though) so it's going to be tough for them to find work particularly in the current economic climate.
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