WTD; Career Change.

[Risk10k]

Some of you may of remembered a thread only a few months ago where I was requesting FIFO oil and gas work/Mines FIFO - Thusly I have had no replies to many applications, simply due to the lack of FIFO experience. Yes, they have had me pestering them!

I do intend to start a career in the oil and gas industry, after investing my own money to complete courses and safety tickets this is not a route I was planning lightly - however, my current work situation is becoming stagnant; I have no further room to develop my skills, nor do I have the financial backing to develop my own business.




I'd like anyone to throw whatever they can at me, most of you know who am I and what I do; But for the less informed, I am an overskilled Manager/Butcher of nearly 10 years with studies in IT (Networking and Communications). Working for 54-60 hours a week with no sick days off and limited holidays, I'm still here and attempting to better the business for no personal gain.




If anyone has anything with CONSISTENT hours, and are happy to have someone on board who turns up early and a suitable wage; Let me know!



Cheers,
Clifford Gillmore
0466 907 400

[PIGSTi]

I feel for you mate! I am/was in exactly the same position but will be out into a new career at the end of Jan thank fuk!!!!

Assuming they would be willing to sell you the business (and you're keen on staying in that career) or half of it have you looked into a Vendor purchasing agreement? It involves no or very little upfront money from yourself.

There is nothing worse than being THE key player in a business that shows you know personal gains apart from a salary that doesn't rise with inflation.

[Joe]

Wanna learn how to make bread?

Our dough mixer of 33 years is ready to retire and I need someone to do it :D

[R3N]

Only if he slips bits of bacon in the bread

[Risk10k]

I feel for you mate! I am/was in exactly the same position but will be out into a new career at the end of Jan thank fuk!!!!

Assuming they would be willing to sell you the business (and you're keen on staying in that career) or half of it have you looked into a Vendor purchasing agreement? It involves no or very little upfront money from yourself.

There is nothing worse than being THE key player in a business that shows you know personal gains apart from a salary that doesn't rise with inflation.

Sadly, the need for a 250k business loan is not high. Due to my current financial situation of having no assets and a small amount of debt, I'm not really in the position to look into owning my own business.



Wanna learn how to make bread?

Our dough mixer of 33 years is ready to retire and I need someone to do it :D

It would be my preference to move out of the food industry with awful hours! What kind of hours are the guys doing nowadays? 11pm to 1am kind of shifts still?

[Fukushima]

Had a look at any health jobs? Plenty of unskilled jobs on a good wage and you work a 76 hour fortnight or get bulk overtime.

[Buckets]

PM me your CV Cliff. It may be a bit late but I'm looking for 2 people ASAP then a few more in a couple of months time. It's FIFO 2/1 pays ok and works alright. You should have my mobile some where if you want more details.

[Joe]

It would be my preference to move out of the food industry with awful hours! What kind of hours are the guys doing nowadays? 11pm to 1am kind of shifts still?

Nah our mixer does 3pm to 10pm sorta deal, but has to work Sunday's too (for Monday morning).

Probably not the best especially with a young family!

[Miggy]

Lots of working coming up! What kind of tickets did you get? I'm sure if you had a scaff or riggers ticket you could get a job up north pretty easily.

[shifted]

Have you got a HR License? I think it is HR... the one that lets you drive trucks and shit?

[Risk10k]

PM me your CV Cliff. It may be a bit late but I'm looking for 2 people ASAP then a few more in a couple of months time. It's FIFO 2/1 pays ok and works alright. You should have my mobile some where if you want more details.

PM sent :)


Lots of working coming up! What kind of tickets did you get? I'm sure if you had a scaff or riggers ticket you could get a job up north pretty easily.

STCW '95, TBOSIET, all safety courses that are required to set foot on any Australian sea-faring vessel. I even forked out for my own AMSA medical, which is also required by multiple recruitment offices :).


Have you got a HR License? I think it is HR... the one that lets you drive trucks and shit?

I do not. That is the next option, but the problem is getting time off work to get it! But that seems to be an option for getting into a new line of work.

[PIGSTi]

Sadly, the need for a 250k business loan is not high. Due to my current financial situation of having no assets and a small amount of debt, I'm not really in the position to look into owning my own business.


That's the beauty of a Vendor Purchasing Agreement. Without going into the finer details (because I don't know them :) ). Basically they agree to sell you half/all the business and then you pay them back with the profits from the business. You might ask why someone would do that but there is substantial CGT benefits for them in doing so. From my brief look into it they would pay no CGT from the sale of the business.

[mARC]

^ O'rly?

Out of curiosity why would you prefer it to be on revenue account (if possible)?

[Zuicider]

well atm there might be positions open in the company i work for. matrix offshore services based in malaga atm. they have a clause in the agreement that if you prove yourself as a ta they may offer you a mature age apprenticeship in either fitting maching or boilermaking . after 3 months of contracting there they gave me a huet and flew me to jack bates rig. atm they just gave a ta a huet and flew him to join the fitters in singapore.
The work we do are pipes for the rigs, car dumpers, moulds and floates for the rigs and maintaince on the winches for the rigs also.

[doriae86]

That's the beauty of a Vendor Purchasing Agreement. Without going into the finer details (because I don't know them :) ). Basically they agree to sell you half/all the business and then you pay them back with the profits from the business. You might ask why someone would do that but there is substantial CGT benefits for them in doing so. From my brief look into it they would pay no CGT from the sale of the business.

Cgt benefits come in the form of small business CGT concessions, and give a total exception if you have held the business for 15 years. Or a 75% discount (50% aa + 50% gd) if the asset is held by an individual or trust


Cant see a benefit in the vendor purchase agreement. The consideration on sale will still be the market value of the business at the time the contract is signed… If less is received through a failing of the purchaser to make payments it would probably give rise to a c2 loss.

[doriae86]

^ O'rly?

Out of curiosity why would you prefer it to be on revenue account (if possible)?

Can't be done, unless you are sold all the trading stock and gifted goodwill/p+e. Still market value replacement would apply to bring substance in line with form.

Even so, Would only be preferable to gain immediate deduction on cost of purchase and for seller, if they have substantial revenue losses from a pp. Couldn't access generous sb cgt concessions

[mARC]

The short answer is it can be done factoring in SBE CGT Concessions, transitional rules, deferring the gain, or utilising the maximum age based concessional limits (though you don't eliminate the CGT even from occurring).

If they have substantial revenue losses accessing a discount is going to be more beneficial.

Vendor finance may be beneficial in some cases where the buyer can't access conventional finance as they both work on the same principle.

[doriae86]

what can be done ? returning the sale of a business on revenue account ? sure it can, its self assessment...is it right ? no.

you dont need 'transitional rules' to defer/eliminate the gain if the other criteria are met.

revenue as apose to capital ? why would someone do it as compared to 'accessing a discount'. For many millions of reasons, they might not be elligable for the discount ?

anyway, career change. and go see mARC for tax advice

[mARC]

Seems you got it all covered mate.

[DrKarl]

I am also on the lookout for a change.

Does anybody here enjoy their work at all? Is this possible?

Don't mean to hijack risk10..

[Risk10k]

I am also on the lookout for a change.

Does anybody here enjoy their work at all? Is this possible?

Don't mean to hijack risk10..

I do enjoy my work, just the situation in which I am employed does not satisfy my OTHER needs as a happy worker. You could take on my old role if your willing to commit ten years of your life.

[Butcher]

I enjoy my line of work plodding around military installations
(Campbell Barracks mainly) Once you get used to automatic rifle fire and explosives going pop.

There are enjoyable jobs out there just a matter of finding something you like.

[RELEASE]

see if you can get some experience under your belt cliff, even 3months...i can put your name forward then at work (FID due end of november this year). we will be needing alot of people on what is going to be a massive gas project

[AGIT8D]

^I would think that's the same anywhere, once he has experience he could pick and apply for a huge amount of jobs. It's getting his foot in the door that he needs assistance with.

Beef up the networking skills, mate. I landed my gig up North through a friend of mine. Full training on site, no experience needed, easy as. Then in turn did the same for friends and family once I was up there. You or someone must know someone who has an availability of low initial skill requirement, otherwise just apply to be a cook/cleaner or something with ESS/other and once you are up there you can start the networking to land a different job. Plenty have done it before.

[thommo]

Having your HR licence is a good thing to do but thats just another thing you will be outlaying for. Just like its been said above you really need to know somebody to hook you up with a job so many people trying to get into the industy.

Just for reference, HR lessons at Wrightways (maddington) is $110 per hr and you most likely need about 8 lessons

[Buckets]

You don't need to know anyone IMO. I knew nobody and got my first FIFO job on my 2nd application. What you need to know is what to apply for and who to apply with. Quite simply a lot of people don't know about the little companies in the industry and don't apply with them. Small busted arse drilling companies will usually take anyone with pulse as it's all they can get. Yes the work is shithouse yes the pay is shithouse (compared with Hollywood mining jobs but still better than Perth pay) but you get a few months, you get some knowledge and then you get a better job. Most of the people who get jobs with us started out on RC or diamond rigs as offsiders then jumped to drill & blast and some leave D&B once they've done their time to go drive trucks or whatever. Trying to get "good job" straight away is when you need to know someone.

[family guy]

Thats how I have done it, Started out exploration drilling, blast crew then into processing. Just get your foot in the door and take it from there. Once you are on site then you can talk to supervisors and find out what steps you need to take.

[Risk10k]

A Minor update;

I've applied for a various line of jobs, and I've had a very limited amount of feed back. My current working situation has changed, I am now currently searching for anything. I'd like to break into another field before getting another job in the butchering industry, but that is back up.


If anyone has anything available from Cleaning/Bricking Cleaning/TA/IR/Delivery Driving to Management/Sales Rep/POS etc. Can you please contact me on any of the following;


Clifford (at) iinet.net.au
0466 907 400



Thanks :)

[S133LTR]

I know its probably abit old school but there does seem to be a fair bit of mining related work in Perth atm being advertisied through the west.. I know alot of ppl advertise experience required but there always a chance they will struggle to get people so those positions can be worth a shot aswell. At the end of the day keep positive, looking for work can be a real bitch..

[Risk10k]

I do apply for what I can find, and through a few people on here who send me jobs when they find them - I've not a sniff sadly.


I'll be doing an induction tomorrow with a catering agency tomorrow, pay will be less but I'm hoping I'll have the option of picking and choosing hours for the time being - a luxury I've not been afforded before.

[mr_mike]

If u get desperate they need a cleaner/detailer at my work in Jandakot.

Not the greatest job, will be required to wash cars and trucks for customer pick up, general sweeping and tidying of workshop, doing the smoko run in the morning and pretty much being on hand to lift and hold stuff if the tradies need a hand.
As i said its not the greatest job but if you do it right and work smart then its and extremely cruisey job.