Has Inpex been good for you?

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Has Inpex been good for you?

Yes
10
31%
No
22
69%
 
Total votes: 32

dan444
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Re: Has Inpex been good for you?

Post by dan444 »

I'm in the building industry as well and most local subbies / tradies wont be able to get their peice of pie from the Inpex project simply because of not being able to pass the complex pre-qualification before tendering on any work.

I liked the Darwin of old before any Inpex / Conoco Phillips gas plants.


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Re: Has Inpex been good for you?

Post by WhatFish »

Where I am, they have already lost a couple of guys to the project. This is in an industry already suffering from a severe shortage of certain skills.

As a local company doing local works, they can't compete with the wages that are being offered. The bad thing is, those coming up to get in the action but can't (incompetence is a major one) then expect you to put them on at the Inpex rates.

Expect less (non gas) infrastructure works in the next couple of years due the costs rising significantly. Even now with Govt tenders,
prices submitted are well above that costed by the Govt.
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Re: Has Inpex been good for you?

Post by skinny joel »

if the rent goes up where am, and my wife and i are forced to look for another rental, i simply wont be able to afford it and will be looking at going south.
to bad so sad, and i reckon there will be a steady stream of it over the comming years to.
doug has hit it on the head so to speak.
as far as blame..... i do remember my old man telling me about how the government didnt release any land up here after cyclone tracy to make the land more valuable as the devastation from the cyclone would have nailed the coffin shut.
once i have finished my other trade im outta here.
i cant see the point in spending on 1 house up here, when i could have 2 in cairns. and live comfortably off half the pay as the cost of living is just so much cheaper.

as far as business up here, many arent worth the sign they have out the front, they would rather charge to much and produce 2nd rate work to earn a quick buck, as up here the turnover of population means a good reputation isnt really needed.
when i moved up here, the stats were, if you move up with 3 others, in 4 years there would only be 1 out of that grouop left, and such is the turnover of population (FLY IN... make some $$$ for a few years, catch some barra, fall in love with the lifestyle and SOME of the people, realise you cant afford the lifestyle if you buy a house, get tired of being a second rate citizen and donating your goods to the local thieves etc FLY OUT.)

in a nutshell thats how i see it, might be completely off course.
and also, i see a lot of the profits from most things in the territory owned by overseas companies or outerstate companies.
i.e. icthys is from W.A etc
love it up here, but dropping half a mill to live in a house has me doing a double take.
especially since the lifestyle i love is slipping away more and more as i work more and more hours to try and break into the housing market and live comfoartably, throw a mortgage on it bye bye lifestyle.
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Re: Has Inpex been good for you?

Post by balou »

MRB gone quite again..maybe he out slaying it with camfish.

On a serious note.

The construction phase is 5-6 years and at it's peak there will be 4000 workers and most of them will fly in from interstate.
Not sure how they will stimilate the economy as they will shuttle workers from the camp in HS to site on the daily bases. Then to the airport once their cycle is up.

The induction and OHS requirement just to simply get a foot in the door is crazy so only the big companies will get the opportunities. We are jumping through some hoops at the moment for work.
Alot of smaller operators will suffer because of staff shortages, we have started losing staff already.

There some other major developement around town which will boost the Darwin economy outside Inpex.

1 Robbo and larrakeyah barracks construction
2 Prison construction
3 stage 2 waterfront developement.

Our 2 bedda unit in bakewell came up for rental recently and we advised to significantly increase the rent to $420 per week. I was blown away when 7-8 people put in applications.
Rental demand will diffenitely drive up propery prices but surely the bubble will burst in 5-6 years when Inpex is built.
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Re: Has Inpex been good for you?

Post by nomad »

Yeah I tend to agree with the FIFO option.
There have been a couple of tv programs like 4 corners and insight dealing with the fifo problems
Look at the other small towns that have been devastated by FIFO. The locals can’t afford to live there anymore, the ‘normal’ workers either have to leave their employers to work for the big $, or they leave altogether.
The company is WA owned and so the $ wont benefit us here in Darwin.

There will be a few people here who will make a killing but they will be few and far between the rest of us
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Re: Has Inpex been good for you?

Post by ken_dog »

nomad wrote: The company is WA owned and so the $ wont benefit us here in Darwin.
Which company? INPEX is Japanese, Total is Belgian.

Ichthys is the gas field.
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olfart
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Re: Has Inpex been good for you?

Post by olfart »

And the product goes o/seas, oh, that's right, we get to have the arse ripped out of our harbour for the 'priviledge'. Running three triples a week out of Perth to Nor/west..SFA to DRW..Yep, Inpex a real benefit. :roll:
" YOUTH is a GIFT "
"AGE is an ART "
"Doesn't mean you get any smarter..just wrinkled and cracked".

"No angler watches nature in a passive way...He enters into its very existence." (John Bailey...Reflections on a Waters Edge)

"Govern a Family as you would catch a small fish....Very Gently." (Chinese Proverb)

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I pray that one day God sends me a fish so big that, when talking of it...I have no reason to lie.
nomad
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Re: Has Inpex been good for you?

Post by nomad »

ken_dog wrote:
nomad wrote: The company is WA owned and so the $ wont benefit us here in Darwin.
Which company? INPEX is Japanese, Total is Belgian.

Ichthys is the gas field.
Of course, you’re right. Sorry, wrong terms. I meant that the royalties will go to WA.
all we get is disruption
skinny joel
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Re: Has Inpex been good for you?

Post by skinny joel »

olfart wrote:And the product goes o/seas, oh, that's right, we get to have the arse ripped out of our harbour for the 'priviledge'. Running three triples a week out of Perth to Nor/west..SFA to DRW..Yep, Inpex a real benefit. :roll:
:clap: agreed.
and agree nomad,
and the small towns devastated by fifo, hope it doesnt hapen here, but it wont surprise me.
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Re: Has Inpex been good for you?

Post by MattyA »

Most of us get paid more than we would if we lived down south, this obviously offsets the perceived high cost of living. Most of us don't have to sit in traffic for an hour each way to and from work each day, or drive for 35 minutes to get to a shop. Most of us can still enjoy a few beers while out fishing and not worry about having to be RBT'd on the water!

Granted the food quality isn't as good, but if you have a back yard, there are things that can be grown up here, even in the wet season to reduce the grocery cost.

What it seems to me is that we are fast becoming a society that has forgotten how to save up for a house deposit, then tighten our belts and pay the bastard off. And if you buy a house down south, yes it will cost less, but you will most likely be earning less as well.

Talking to relatives about when they bought houses in the 70's, and were paying $6000 and it still took them 25 years to pay the loan back.


I can still remember being young and broke down south. Moving to the NT I remember the first place I walked into and they said, "come in tomorrow morning for a trial". And being at parties and getting offered jobs. It is really the land of milk and honey, its just that a lot of us forget the bad things about being down south.

I can't see that INPEX has made any difference to me yet, no doubt it will in the future, but I see it mostly being for the good!


Cheers

Matt
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Re: Has Inpex been good for you?

Post by ghound »

well said MattyA couldn't agree more.
ken_dog
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Re: Has Inpex been good for you?

Post by ken_dog »

Well said Matt,
DOUG
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Re: Has Inpex been good for you?

Post by DOUG »

$20000 needs to be saved to even look like getting a house loan then ya house is $400000 minimum
Which works out at about $500 a week
Can not compare back then to now no matter how hard people work or save I reckon it's f.....d
My mates started his own business and is going well he recently looked into buying his own block of land and a shed/workshop he was told he would need 30% deposit who the frig has $200000 for a deposit before a bank gives you a loan ???
Banks don't wanna lend money cos there is a slump I remember when inpex
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Re: Has Inpex been good for you?

Post by DOUG »

Was going they were handing out loans to anyone personal and home loans to !!!!
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olfart
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Re: Has Inpex been good for you?

Post by olfart »

Been pondering the subject and my take is this..
When the dust has settled, the blow-in's gone and the thing is operational.
The damage done will repair itself, and the gas plant will become as much a part of the scene as the channell island power plant.
Then, hopefully, we can return to the laidback lunacy we're used to, albeit, a tad lighter in the pocket, but, relatively unscathed by the experience
Will it benefit me???
I seriously doubt it.
UNLESS.. I win lotto and buy a shytload of shares in Inpex/Total.
Do I sound like the eternal optimist.
" YOUTH is a GIFT "
"AGE is an ART "
"Doesn't mean you get any smarter..just wrinkled and cracked".

"No angler watches nature in a passive way...He enters into its very existence." (John Bailey...Reflections on a Waters Edge)

"Govern a Family as you would catch a small fish....Very Gently." (Chinese Proverb)

"Only those become weary of angling who bring nothing to it but the idea of catching fish." (Rafael Sabatini...1857-1950)

I pray that one day God sends me a fish so big that, when talking of it...I have no reason to lie.
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