Federal Budet 07

[turtle33]

My 20 year old son will never be able to buy his first house.......unless he gets some hefty family help.that's progress?

why is that? I have 2 20yo tradies that earn over 135k . Let me tell you, they arn't anything special either but they work hard and both have a house that they are paying off. THe problem is that we have brainwashed most of our kids into believing that uni is the only way and many believe that a trade is below them.

Yeh but with that new law of his it gives the employer power to take away all of your entitlements, so u may get a good hourly rate but in the end u get all

and thank fark for that

the government has just countered that in the budget, not that it was anything to complain about. If you have a boss that is an arse, and doesnt want to pay you properly etc. Then you would be better off looking for another job anyways wouldnt you? we have the lowest unemployment in Australias history now so its not like you will have any trouble getting a job now is it?

And do all the tradies on this forum and all the small business people realise that the compulsory GST registration has been increased from a $50,000 turnover limit to $75,000 as of the new financial year?

how good is that I guess alot of people will be de-registering for GST.

It wasnt announced on the news but my dad read it today in the paper somewhere.

75 k turn over for a tradie is chicken feed, I think that there wont be too many tradies de regestering.

[XR6T8080]

75 k turn over for a tradie is chicken feed, I think that there wont be too many tradies de regestering.

That all depends on the trade, if your doing new work, and what your outlays are. Im a painter, with not a whole lot of material outlay, if I was a builder building houses, or even a carpenter, then I would doubt you would be under the 75k.

But a self employed sparky / plasterer / painter could quite easily be under 75. Im talking owner operators here.

you can read between the lines on this one... What is it exactly you do?

[turtle33]

That all depends on the trade, if your doing new work, and what your outlays are. Im a painter, with not a whole lot of material outlay, if I was a builder building houses, or even a carpenter, then I would doubt you would be under the 75k.

But a self employed sparky / plasterer / painter could quite easily be under 75. Im talking owner operators here.

you can read between the lines on this one... What is it exactly you do?

im a builder. my sparky would charge me around 12k per house, plasterer 17-20k per house and painter 18k, tiler 6k, carpenter close to 50k even the waterproofer is around 4k if there is big decks involved. I can understand if you supply nothing but labour but even then it is only $30-$35 per hr on average per year to turn over 75k Based on 48hrs/week. I turn over around 75k every 1.5-2 weeks and that's mostly reno / deck work, when it was new houses / development that was every week, bunnings love me. Honestly the BAS statements etc is a piece of piss and if its not , your really not running you bussiness correctly. The hardest thing about it is signing the cheque for the ATO. I still rate the sysem way above the old sales tax scheme though, its more user pays and it has created a wonderful cash ecconmy

75 turnover isn't much but 75k profit is a whole different thing.

Edited 10/05/07 08:35 PM by turtle33

[XR6T8080]

im a builder. my sparky would charge me around 12k per house, plasterer 17-20k per house and painter 18k, tiler 6k, carpenter close to 50k even the waterproofer is around 4k if there is big decks involved. I can understand if you supply nothing but labour but even then it is only $30-$35 per hr on average per year to turn over 75k Based on 48hrs/week. I turn over around 75k every 1.5-2 weeks and that's mostly reno / deck work, when it was new houses / development that was every week, bunnings love me. Honestly the BAS statements etc is a piece of piss and if its not , your really not running you bussiness correctly. The hardest thing about it is signing the cheque for the ATO. I still rate the sysem way above the old sales tax scheme though, its more user pays and it has created a wonderful cash ecconmy

75 turnover isn't much but 75k profit is a whole different thing.

yeah 75 turnover is bugger all for a builder, as I said, I would say you dont speak for the rest of the trade world however einstein... your in a working at the very top of the trade world, and your material outlay is huge, having to pay everybody else to do the work of course. youd rack up 75 k half way through a house.

Most tradies are on 25 - 35 an hour on new work, chippies 45 - 50 an hour.

so for some other tradies 75 turnover could be mostly profit for some trades. to say its chicken feed however is just a stupid comment, most people think 75k is really good money no matter how its worked out, remembering that we can claim car, phone, dog food for crying out loud, and just about everything else that a payg person cant do. so 75 to me is more like 110 to somebody on wages.

[XR6T8080]

im a builder. my sparky would charge me around 12k per house, plasterer 17-20k per house and painter 18k, tiler 6k, carpenter close to 50k even the waterproofer is around 4k if there is big decks involved. I can understand if you supply nothing but labour but even then it is only $30-$35 per hr on average per year to turn over 75k Based on 48hrs/week. I turn over around 75k every 1.5-2 weeks and that's mostly reno / deck work, when it was new houses / development that was every week, bunnings love me. Honestly the BAS statements etc is a piece of piss and if its not , your really not running you bussiness correctly. The hardest thing about it is signing the cheque for the ATO. I still rate the sysem way above the old sales tax scheme though, its more user pays and it has created a wonderful cash ecconmy

75 turnover isn't much but 75k profit is a whole different thing.

Id also like to add that I wouldnt touch new work with a 40 foot pole!!!

[ZAP]

I have looked at Rudd's reply budget and had to laugh.

He has pledged $500mil to fixing water pipes in towns and cities and $2.5billion for trade schools.

Is it me or is Federal LAbour trying to fix the F'Ups of state labour ?

Both of these issues are STATE PROBLEMS.

It seems like Rudd is suffering the same acute case of NFI that the rest of the Labour party have. It seems to be an national Labour epidemic, that also affects their voters as well.

[tmac450]

Gotta say that I am blown away at how so many can be so easily swayed by propaganda. I was raised to look at things logically and have to comclude that common sense just isn't all that common.

Lets see:

* Everyone seems to agree that no matter who was in power at the time, we still would have gone to Iraq (right or wrong), yet there's a heap who are ready to crucify Howard & Co., just because they were there when it happened. Then replace them with soemone else who wouldn't have done anything different

* We want more land released for houses to lower the cost of housing, but we currently don't have the infrastrusture in place to cope with the houses we have. We would also complain even more if housing prices did drop because as current home owners, we'd loose out big time.

* There's a group of union robots who are wanting to punish Howard for IR laws they know nothing about, which haven't affected them, nor will, nor any real people they know. Just because an employer and employee can now negotiate for penalty rates and trade-offs etc, doesn't mean the worker will be dissadvantaged. If you want a certain wage with a certain level of overtime and holiday penalty rates, then that's what you get put in your contract. If you don't do alot of overtime, don't work much on holidays, and don't take sikkies, then it would be in your best interest to trade-off penalty rates etc for a higher wage. It's not exactly rocket science. Instead, all those brainwashed by the unions (who have been spoon fed for so long, they have obviously become so helpless thay are incapable of indipendant thought), want to punish Howard and vote in Rudd who has pretty much admitted that hey won't abolish the new laws, just masage them at best. How does this help you?

* Some people are even complaining about GST, still! Before GST we all paid a hell of alot more income tax, a hell of a lot more sales tax (you just didn't know it because it wasn't pointed out), the country was in debt and we had noting in the coffers. The old tax system was out dated, incredibally expensive to run, and rediculously easy to avoid paying. It's been 7 years, it's proven, and it works. Those who still can't cope with it, what's your solution. Kick out Howard because his party had the guts to introduce it. Then appoint Rudd who will not only leave it as it is, but has suggested it need to be increased dramatically.

As said time and time again, none of our current pollies are enything great (why would we have any good ones when the top job pays less than $300k and any decent business person can earn millions in the corporate sector), but you can't escape the logic:

On the whole, the Howard Liberals have a proven, sucessful track record and if kept in we will all continue to benefit.

Rudd's mob have a proven track record of failure, in-party fighting and a demonstrated desire to opose anything the Libs do for the sake of oposing, rather than getting on with the job of looking after the best interest of the Nation.

[Turbofalke]

Great Thread. It's interesting to see the vast array of opinions on this issue.

For me - Howard has run out of time.

[turtle33]

yeah 75 turnover is bugger all for a builder, as I said, I would say you dont speak for the rest of the trade world however einstein... your in a working at the very top of the trade world, and your material outlay is huge, having to pay everybody else to do the work of course. youd rack up 75 k half way through a house.

Most tradies are on 25 - 35 an hour on new work, chippies 45 - 50 an hour.

so for some other tradies 75 turnover could be mostly profit for some trades. to say its chicken feed however is just a stupid comment, most people think 75k is really good money no matter how its worked out, remembering that we can claim car, phone, dog food for crying out loud, and just about everything else that a payg person cant do. so 75 to me is more like 110 to somebody on wages.

Einstein hey, GGF'd .The painter on my site today ( subbie) will turn over 90k this year, $25-$35/hr, must be top tradies AS you said "turn over" not profit. Dont forget that I pay guys like you so I have a fair idea on what the trades earn/turnover . For the record painters are the lowest paid. Go get some contracts for your self or a few guys working for you and we will see how long it takes you to crack 75k FFS. So in turn over terms 75k aint much .I really couldn't give a rats arse if you like new houses or not. 75k is a lot of coin but in turn over it relates to about 14k in real profit (for me or a few other trades.) so what was your point in attacking me? I am at the top of the trade world and im the one who cops the crap if it all goes wrong. Mate for me to earn 75k I will turn over around $1,000,000 (new houses that is) reno's prob close to 600k decks around 550k. If you are working for 25-35 flat rate, then your going backwards. Give me 50 tradies to work for this $'s and I will take em all next week. AS for your comment about most tradies working for 20-35 on new work, who? plasterer nup, brickie nup, plumber no way,sparkie lol yeah right , tiler never so really that leaves painters. Maybe some sub-sub contractors but definately not a sub contractor. And if you think im wrong then let me know and I will send you some invoices for some jobs. Ps for the record my painters charge me $380/day so if they only worked 5 days a week for 48 weeks that's 91k +

Edited 11/05/07 03:17 AM by turtle33

[Turbofalke]

I dont really want to buy into your bit@hfight here, but I also work in commercial construction as a head contractor PM. The avarage trademans weekly pay is about $1100 after tax (this would include working a standard Saturday at OT). The rate for say an Electrician is about $30-35/hr but allowances need to be added. I'll be charged about $80/hr by their employer to cover the costs of employment, super and thier profit.

I've seen construction workers earn $100k a year plus on jobs. Fair to say that these guys have a fair deal but the work if physical, their employers need to work hard for their $ but manage to do so.

My 2c Cheers