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ottg

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Everything posted by ottg

  1. At this point none. So therefore he will remain in the financial sector (banking, insurance) and while completing his new studies start to apply for positions as financial planner on mining projects and then move into project controls in the mining industry. This will open the doors - and "Mineral Economics" provides a framework in which the resources sector operates and requires a suitable knowledge of economic, financial, management, legal, regulatory, political and social environments.
  2. I have just added a process on "career transition management" on sister website. These notes were compared with another Aus consultancy. See Perth Business Services - Home Hope it helps someone!
  3. I have done a bit of home work and thought to put my findings to my own question down for others that may find it useful. Curtin University - Mining School offers a "bridging" graduate diploma in Mining economic. Based on the electives available a student with no mining background can select the basics like mineral processing, mining 101 etc. It's a 6-12 months course at a reputable institute and seems like it will do the trick!
  4. Hi Venkatesh, While I don't have an answer for you, it depends on your experience and where you would like to settle in Aus. If you are in mining, utilities or resources then obviously your changes are greater. The Financial sector in general takes a big strain now. See my other posting: http://www.pomsinoz.com/forum/jobs-careers/49666-re-skill-get-into-mining-resources.html Very specialised skills are still in demand i.e mining/civil/construction engineering Another option is to look for a small accounting firm where the owner would like to exit (retire) in a 1-2 years and become part of their succession plan.
  5. CCIWA cuts economic growth forecasts 15-December-08 by Rebecca Lawson WA Business News Western Australia's economy is expected to slow by almost 40 per cent in 2008/09 and nearly 50 per cent the following financial year as the fallout from the global financial crisis impacts the state and demand for resources commodities wanes. The Chamber of Commerce and Industry of WA (CCIWA) said on Monday it had downgraded its economic growth forecast for the state to 3.5 per cent for the 12 months to June 30, 2009, from 5.5 per cent. The CCIWA also cut its growth outlook for 2009/10 to 3.25 per cent, from 6.25 per cent. Chief economist John Nicolaou said the slowdown would largely be driven by a sudden and significant drop in mining exports as international demand declined. Mr Nicolaou said reduced retail spending also played a role as consumers engaged in belt-tightening. "We have factored in some large falls in key commodities that we produce, and what that has meant is our exports for this financial year and next financial year are significantly less than what we first though because of the current market," Mr Nicolau said. "We're now seeing our exports turned away from our key markets." He said planned expansions at WA mines would continue to be postponed. "The mining sector is being hit in terms of its expansion plans. "But they are being delayed and deferred - not stopped. "They will return ... when conditions improve." Mr Nicolau said the worsening global economic meltdown in the past two months was unexpected and a cause for concern. "We weren't expecting China to be as affected by the global financial crisis to the extent that it has." He said WA's economy was entwined with Asia, specifically China, where solid but slower growth in gross domestic product (GDP) was expected. China's GDP growth target for 2008/09 is eight per cent, down from 11.4 per cent in 2007/08. "The three major economies - the US, Japan and the European Union - are technically in a recession right now, but in WA's case we're much more closely linked with developing Asia and China in particular," Mr Nicolau said. "China continues to grow at a very healthy rate. "That will, in effect, insulate WA from the rest of the global financial crisis." Mr Nicolau warned that any major problems with Asian economies would quickly flow through to WA. But he said WA's unemployment levels would remain low at 3.5 per cent this financial year and in the next year. "Businesses will be reluctant to release too many staff - even amidst the uncertainty - because staff have become the most precious resource ... with a history of key labour shortages in this state." He said the retail sector would not grow at the rates of recent years, but strong population growth and cuts to official interest rates would provide stimulus. "Against that, frontline services like health and eduction and some hospitality sectors will continue to demand labour because they don't work in line with the economic cycle. "They are more in line with an ageing (and growing) population." CCIWA's announcement is pasted below: Further evidence is emerging that the Western Australian economy, the engine room of the Nation, is being impacted by the global financial crisis. The State's peak business organisation, the Chamber of Commerce and Industry of Western Australia, has today released its quarterly snapshot of the local, national and international economies, which shows although economic growth in WA remains solid, conditions are softening. The CCI report predicts a slowdown in the WA economy, which has accounted for half of the Nation's growth in recent times, in the year ahead. Significantly, a number of major projects, mainly in the resources sector, have been delayed until conditions improve. With a growing number of small, medium and large businesses expressing concern about the short term outlook, and business confidence at record lows, CCI has revised its economic growth forecasts for the next two financial years. Although the WA economy will continue to experience solid growth this financial year, deteriorating international conditions have prompted CCI to revise its growth forecast for the WA economy down to 3.5 per cent in 2008-09 from 5.5 per cent. Economic growth is expected to slow further in 2009-10 - down from 6.25 per cent to 3.25 per cent - as the full effects of the global financial crisis are felt. Growth of this magnitude in the current economic climate is still remarkable, and puts WA out in front of other Australian States, and many developed international economies. The slower rate of economic growth is largely the result of a sudden and significant slowdown in exports, as international demand declines. The long term outlook for the WA economy remains positive. CCI remains confident that the current uncertainty will be short lived, predicting economic growth in Western Australia will reach just over six per cent by early in the next decade, fuelled by a recovery in the domestic and global economies. Despite the slower rate of economic growth, demand for workers will remain strong and labour market conditions tight. Employment is expected to grow in 2008-09. The number of people out of work in WA is expected to remain the lowest in the Nation, with the unemployment rate to remain well below four per cent. This reflects the fact that the impact on WA is likely to be temporary, not long term. Nationally, the impact of the global financial crisis is likely to be more pronounced, with growth expected to slow to slow to 1.75 per cent in 2008-09, before picking up to 2.5 per cent in 2009-10. While the State and National economies will continue to grow, the same can not be said for other major advanced global economies. The United States, Europe and Japan have all slipped into recession in recent months, on the back of the sub prime mortgage crisis, which has wiped trillions of dollars from sharemarkets worldwide. A key reason for CCI's revision of local economic growth has been the sudden decline in demand for our key exports to China, a country also affected by global financial turmoil. However, China is still expected to grow strongly, by nearly 10 per cent in 2008, and 7.5 per cent on 2009, which will ensure demand for WA's resources and other commodities remains strong. While there is no doubt the current financial crisis is having a significant effect on global and local economies, CCI remains confident that the Western Australian economy is one of the best placed in the industrialised world to cope with the uncertainty. The underlying strengths of WA's economy mean that Western Australia will remain the economic engine room for the Nation. CCI expects WA to be one of the world's first economies to emerge strongly from the slowdown. CCI encourages WA's small, medium and large firms, which are a key driver of economic growth and prosperity, not to lose sight of their long term goals, and plan for the future to ensure they are well placed for the inevitable upturn, while they navigate through more difficult short term conditions. -------------------------------------------- Thought to share this news! Note there are new mines that continue eg: Barricks, Cites Pacific
  6. ottg

    jobs on the mines

    I have just received a list of jobs available at Barrics. Hope it helps someone!
  7. ottg

    business visa 163

    I have to add that; buying a business is more than the due diligence. You need to know the real value of the business, the buyers risk, attractiveness, readiness of the business ....etc. I have attached a typical SME questionnaire I use (usually for exit planning but similar for acquisition planning) even before asking for a single page of business information. A general perception of the health of the business as perceived by the current owner. The idea is (irrespective of what the owner states) it will prompt you what to look for before you pull in the expensive accountants. Also on my website there is a flow chart for acquisition planning for your perusal. Also available is an article on what to look for before selling a business to make it look more attractive. Obviously when buying one you need to look for the same things and more because you would like to buy a business with hidden value :biggrin: The due diligence must include all 50 type of records categorised as; company documentation, financials, intellectual property, website, database, employees, software licensing, marketing Hope this will help some prospective SME owners!
  8. ottg

    jobs on the mines

    Just been in infomine. What a great informative site. Thanks!!
  9. ottg

    Mining jobs available!

    You obviously have tried to zoom in! Don't know what to suggest? Perhaps someone can email it to you direcly? Anyone else with the same problem?
  10. Please find job list attached
  11. ottg

    Mining jobs available!

    What do you mean? It's an attachment in PDF format!
  12. ottg

    expat Business network in Perth

    Had a discussion with other business owners and they said that instead of calling for an expat Business network, just form and integrate with an existing business network. Anyone interrested in a business network. Please PM me!
  13. Can anyone tell me if there is a formal expat British business network available in Perth, is there a need for that, what would you like to get from it, what can you do for such a network? Regards ottg
  14. ottg

    buying a business

    Hi Sally, Congratulation with your PR. Where do you intent to settle in Oz and do you already have a business in mind? What industry!
  15. Businesses for Sale. These stores are in the retail industry and at different locations across Australia. They are all going concerns with a steady client base, solid income and some to be franchised as part of this group’s growth strategy and others from a different group will be available as agencies. This is well suited for foreign investors that require Visa163 or Visa132. This may also be appealing to investors currently on Visa457 and are looking at bridging visa. You will negotiate with the owners directly. Investment ranges between $200k to +$1m There are two different types of retail stores available: ■Various Retail outlets – to be franchised Fashion clothing & luggage (Melbourne, Sydney, Regional Victoria & Tasmania) Outdoors & camping (Perth & regional areas) ■Sole agencies available – Lawnmower / garden power tools (Australia wide) For more information please send me a PM!
  16. ottg

    buying a business

    Follow my response at: http://www.pomsinoz.com/forum/migration-issues/43102-buying-business.html
  17. ottg

    buying a business

    Here is a summary of the various business visas passed on to me! If you need more info on buying a businesses or looking for one that is available then PM me! ---------------------------------------- Business Visas ---------------------------------------- STATE / TERRITORY SPONSORED BUSINESS OWNER (PROVISIONAL) CATEGORY - sub class 163 Who can apply: Business people intending to establish a business in Australia. What it entitles you to: A 4-year work visa. Terms & Conditions: Applicants, aged less than 55, must be able to demonstrate that they have at least four years' successful business experience in a senior management role; that their current business has had a turnover of at least $300,000 in 2 of the previous 4 years; that their business and personal assets have a net value of at least $250,000 and that they have adequate assets to finance the new venture and to support themselves whilst the business is being established; they must also demonstrate that they have carefully researched the market and must submit a detailed business plan. They must obtain sponsorship from the appropriate regional authority of a State or Territory government. Further Information: The proposal must be shown to offer benefit to Australia. Once the business has been successfully established, a permanent visa may be applied for BUSINESS OWNER (PROVISIONAL) CATEGORY - sub class 160 Who can apply: Business people intending to establish a business in Australia. What it entitles you to: A 4-year work visa. Terms & Conditions: Applicants, aged less than 45, must be able to demonstrate that they have at least four years' successful business experience in a senior management role; that their current business has had a turnover of at least $500,000 in 2 of the previous 4 years; that their business and personal assets have a net value of at least $500,000 and that they have adequate assets to finance the new venture and to support themselves whilst the business is being established; they must also demonstrate that they have carefully researched the market and must submit a detailed business plan. They must notify the appropriate regional authority of a State or Territory government, but do not need to obtain sponsorship. Further Information: The proposal must be shown to offer benefit to Australia. Once the business has been successfully established, a permanent visa may be applied for. STATE / TERRITORY SPONSORED INVESTOR (PROVISIONAL) CATEGORY - sub class 165 Who can apply: Business people willing to invest $750,000 in Australia What it entitles you to:. A 4-year provisional visa Terms & Conditions: Applicants, aged less than 55, must be able to demonstrate that, they have at least three years' experience of direct involvement in managing one or more businesses or investments that their assets have a net value of at least $1,125,000 and that they can demonstrate a high level of management skill in relation to investment or business activity. They must obtain sponsorship from the appropriate regional authority of a State or Territory government. Further Information: The proposal must show that they intend to maintain a business or an investment in Australia after the designated investment has matured. At this point, a permanent visa may be applied for. INVESTOR (PROVISIONAL) CATEGORY - sub class 162 Who can apply: Business people willing to invest $1,500,000 in Australia What it entitles you to:. A 4-year provisional visa Terms & Conditions: Applicants, aged less than 45, must be able to demonstrate that, they have at least three years' experience of direct involvement in managing one or more businesses or investments that their assets have a net value of at least $2,250,000 and that they can demonstrate a high level of management skill in relation to investment or business activity. They must notify the appropriate regional authority of a State or Territory government, but do not need to obtain sponsorship. Further Information: The proposal must show that they intend to maintain a business or an investment in Australia after the designated investment has matured. At this point, a permanent visa may be applied for. STATE / TERRITORY SPONSORED SENIOR EXECUTIVE (PROVISIONAL) CATEGORY - sub class 164 Who can apply: Senior Executives intending to establish a business in Australia What it entitles you to:. A 4-year work visa Terms & Conditions: Applicants, aged less than 55, must be able to demonstrate that, for at least two of the last four years, they have occupied a position in the 3 highest levels of the management structure of a major business; that their assets have a net value of at least $250,000 and that they have adequate assets to finance the new venture and to support themselves whilst the business is being established; they must also demonstrate that they have carefully researched the market and must submit a detailed business plan. They must obtain sponsorship from the appropriate regional authority of a State or Territory government. Further Information: The proposal must be shown to offer benefit to Australia. Once the business has been successfully established, a permanent visa may be applied for SENIOR EXECUTIVE (PROVISIONAL) CATEGORY - sub class 161 Who can apply: Senior Executives intending to establish a business in Australia What it entitles you to:. A 4-year provisional visa Terms & Conditions: Applicants, aged less than 45, must be able to demonstrate that, for at least two of the last four years, they have occupied a position in the 3 highest levels of the management structure of a major business; that their assets have a net value of at least $500,000 and that they have adequate assets to finance the new venture and to support themselves whilst the business is being established; they must also demonstrate that they have carefully researched the market and must submit a detailed business plan. They must notify the appropriate regional authority of a State or Territory government, but do not need to obtain sponsorship. Further Information: The proposal must be shown to offer benefit to Australia. Once the business has been successfully established, a permanent visa may be applied for BUSINESS TALENT VISA (Permanent) - sub class 132 Who can apply: Substantially wealthy business people who intend a significant business activity and who need to be resident to execute the business plan. What it entitles you to:. A permanent residence visa Terms & Conditions: Applicants, aged less than 55, must be able to demonstrate: - minimum net business equity in the home country business of $400,000, - annual turnover in the home country business of $3 million (2 of last 4 years), - minimum net personal assets of $1.5 million, able to be transferred to Australia A proposal for State sponsorship must first be made, which will include substantial research - much of it conducted by the applicant, with total investment (applicant funds plus commercial loans) at well over one million dollars, expectation of many new jobs to be created, supported by a thorough business plan with conditional agreements between suppliers or partners etc. - in effect, this will read as an “all set business, just waiting to go”. Further Information: Once sponsorship has been obtained, the proposal will then have to be approved by DIMA.
  18. ottg

    Starting off in perth ?

    There are furnished shared accommodation available….areas in Victoria Park is quite affordable. Look on-line in the classifieds section of The West Australian Enjoy your stay in South Perth.
  19. Will subscribe to this thread as well. The Small Business Development offer great courses for startups. FOr me it is the first 6-12 months that follow that is a challenge- i.e building trusted business relationships across culture differences. Seeking the path of least resistance, I try to find out about business networks in Perth.
  20. Hi Frank777, Had a quick look at 'Whocando'. Is it regional bound i,e Perth, Bunburry? Concept sounds good but what happened if client looks for referals? Do you have statistics available per region and service category - # of services offered, #requests for services, #actual requests fulfill
  21. ottg

    expat Business network in Perth

    Hi Alan Thank you for your reply. The SBDC offers great courses for SME businesses. Here are many business associations also. These are some of the many things you need to engage in as a business person. However I found to establishing a network, based on trusted partner relationships, takes between 6-18 months. One thing I have reliased is that it works better when working from the known to the unknown, meaning; engage with local expats that already has been through the process and that already know the Australian business networks. The most effective way is when you buy into an established Australian business as a partner. This is an option that many appears to excercise because of the difficulty to get into the Australian business network. But financially this is not alway possible. From there the question I posed. I have noted that the Indians and Chinese have a larger business network, but I am still looking for a British one. Please help!
  22. ottg

    Swimming Pools Open To The Public?

    The closest to CBD is the pool at Westley College in South Perth. It is open to the public and just great. Mainly just for line swimming and not playing in. Two ways to get their a. Take the fairy across to South Perth, catch the bus in lower end Mill Point (opposite the zoo) and get off a few block further b. Take the bus from Transperth Termnal that runs past in Mill Point rd and it drops you on the corner. The pool is located at the back.
  23. Contact Brad at buzzmail @ iinet.net.au . He just started in WA and is self employed electrician. I am sure he will help you.
  24. Hi Stevebison2000, I have replied to your PM but though to mention something about the WA hidden job market. Because it is so difficult fo migrants to break into an industry if you don't have friends or a mate in it, I have compiled info on how to go about it. (work in progess) Visit: www.perth-sa-migrant-support.com.au I have done something on the WA economy, interaction and directories to search. Your comments will be appreciated. Hope it helps
  25. ottg

    Culture and Settling in WA

    We have been 3 years in Perth. About to take-up citizenship. Love it here, quite lucky because Saffers can't go back! Back where to..... Spend many years ago about 8 months in New Malden/Kingston in Surrey. We had a great time in the UK. Thank you for all the responses.
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