kadet wrote:so hey kadet - your in a country that is not the usa - is it hard to start a business there?
We are no better than the USA probably worse, we are often referred to as the nanny state there are so many regulations here for our own protection and different government departments to deal with both state and federal it is very expensive to get start ups going here. At least our tax is simple 10% on everything
Well on sales anyway then you have payroll, compulsory superannuation etc..
I know a lot of our boat building industry has moved to China and the Philippines due to wage costs and over regulation that made it impossible to keep making boats here.
I think its much deeper that just wage costs in Australia, IMHO more of an issue is they want to make a years profit on each boat they sell, then they dont get enough throughput to keep the business running and it closes down, it has happened to many boat builders here and will continue until either the industry completely dies off and all those skills are lost or they learn how to run a business in an efficient manner, I think it will be the former personally, because they all want to get rich quick.
Its a chicken and egg situation, they say they have to charge higher prices because they dont have the throughput BUT they dont have the throughput to make it economical because they charge such high prices, at some stage something has to give.
Australia has just about the oldest and worst fleet of cars on the road in the Western world for exactly the same reason.