Business

The mining industry's fetish for cutting jobs

AUSTRALIA'S resources industry has a fetish for cutting at the moment: cutting workers, costs, offices and cutting investment.

But for all the crying poor, the industry - including gas, oil, coal and iron ore - could deliver more than 130,000 jobs across the country by 2025.

Up to 40,000 of those could be in Queensland.

This green shoot will be of fleeting solace to any of the almost 4000 thought to have lost their jobs in the Queensland mining industry in the final six months of last year.

It may also be cold comfort for the next 1000 expected to lose their jobs this year if surveys done by the Queensland Resources Council stack up and it appears they do.

In early March, Swiss powerhouse Xstrata sliced 100 office jobs by shutting down its Brisbane base.

Thankfully, towers of research tell us all is not lost.

ADVANCED MINERALS AND ENERGY PROJECTS FOR QLD AND NSW
ADVANCED MINERALS AND ENERGY PROJECTS FOR QLD AND NSW

 

A flood of figures and data from the Australian Workforce and Productivity Agency - the dryly named replacement for Skills Australia - suggest even if the world crumbled into economic ruin, mining jobs would still increase by a few thousand.

With 217,700 already in the industry, those are good numbers.

Best case scenario is that figure increases by 132,400.

Somewhere in between the perfect world and its destruction, there would be between 76,800 and 110,000 new jobs.

Hard to believe given the gloom that haunts any talk of the mining industry, but easier to stomach when considering there are 100 projects planned for Queensland alone.

As Skills Queensland puts it, "While not all of these projects will proceed, it is expected that there will be an increased level of demand for different skills and occupations over the next five years or so".

These include up to 25,000 jobs ready to be unearthed in the emerging Galilee Basin west of Rockhampton, and 18,000 in the budding coal seam gas industry.

Meanwhile, New South Wales has effectively fought off enthusiastic overtures from the coal seam gas industry not just in the state's north east but in its central west - in the Gunnedah Basin west of Coffs Harbour - where at least three or four projects will likely face lengthy delays.

Coal exports for both energy and steel-making will grow for the next five years but minus the crazy "boom" spikes of 2008 and 2011.

Exports to India and China will overtake those to Japan for coal, shifting the role played by what was Australia's biggest coal buyer.

Hopefully, this will wear away the industry's need to cut, and bring out a desire to build.

Topics:  csg job cuts lng mining unemployment



Prime Minister, Cowper still seeks the answers

Cowper MP Luke Hartsuyker with Prime Minister Malcolm Turnbull during last year's election in Lismore.

Cowper constituents call for PM to answer the big issues

Roos prevail in a close finish

The Sydney Swans and North Melbourne fly for a mark at the C.ex Coffs International Stadium. Photo: Brad Greenshields/Coffs Coast Advocate

Kangaroos hold on to win by two points against the Sydney Swans.

Sea Eagles fly high in Nines

Final Hoey Moey Tooheys Coffs Coast Nines 18 February 2017 Geoff King Motors Park. Photo: Brad Greenshields/Coffs Coast Advocate

Macksville scores late to claim Coffs Coast Nines final over Port.

Local Partners

Deadly dog virus outbreak strikes South Grafton

"If your dog lives on one of those streets, I'd almost guarantee they will contract parvo virus if they are not vaccinated."


Jackass crew eye off the Big Banana

WILD SHOW: The Jackass crew  a promise a wild Coffs Harbour show.

Iconic Coffs landmark grabs Jackass crew's attention

Make a Jackass of yourself live on stage

Jackass's Jason 'Wee Man' Acuna on stage during the crew's Fillthy Seppo Tour of Ausralia. The mayhem arrives at the Coffs Harbour on February 23.

Jackass team head to Coffs to wreak havoc

Sizzling Bookfest bargains

CHOCKERS: Lester Platts and Chris Ryland, Coffs Harbour South Rotary preparing for Bookfest April 1-8.

80,000 book will hit the Bookfest tables in April

Why Hollywood’s siding with Brad Pitt over Angelina Jolie

TOWARD the end of last month’s Golden Globes ceremony, the producer of the nominated drama Moonlight made a surprise onstage appearance: Brad Pitt.

Tensions high at pointy end of MKR's round two

Things are really heating up on My Kitchen Rules.

Games are being played around the My Kitchen Rules table

Jungle Jay sent packing from I'm a Celebrity

I'm A Celebrity ... Get Me Out Here! contestant Jay Laga'aia with Keira.

BIG friendly giant Jay Laga'aia has been eliminated from I'm A Celeb

Carson Kressley brings 'camp' to I'm a Celebrity jungle

"I am not all Park Avenue and daffodils” ... Carson Kressley.

Meet the "campest” campmate to star on I'm a Celebrity.

Jackass crew eye off the Big Banana

WILD SHOW: The Jackass crew  a promise a wild Coffs Harbour show.

Iconic Coffs landmark grabs Jackass crew's attention

Star Wars: The Last Jedi mystery already solved

FILE- This undated file photo provided by Disney shows Daisey Ridley as Rey, left, and John Boyega as Finn, in a scene from the film, \"Star Wars: The Force Awakens.\" Hasbro said it is changing its Star Wars Monopoly set after an 8-year-old girl became upset that Rey, the movie's female heroine, was not included as a figure along with Darth Vader and Kylo Ren. (Disney/Lucasfilm via AP, File) MANDATORY CREDIT

A key mystery surrounding the title of episode eight has been solved

Kids' game "full of f**king paedophiles" according to dad

A mortified dad has expressed serious concerns over an online game

Potential home buyers punished for doing the 'right thing'

Should I go to university or buy a house?

Bidding could start at $1.4M for sought after property

Farrell McCrohon's Jojo Newby rides on a property recently listed at Buccarumbi

One of largest rural properties on market to go under hammer today

An exclusive private retreat

STUNNING: This North Sapphire Beach home is the ultimate in beach-side living.

An exclusive home in an exclusive address

What $11.9m can get you on Coast's most exclusive street

29-31 Wyuna Drive Noosaville Qld 4566

This is what a cool $11.9m can get you

How a first home buyer built house with no deposit

NEARLY THERE: Construction on the first house to home orphans at Umoja began in January.



Photo Contributed

His home will be completed later this year.

Ready to SELL your property?

Post Your Ad Here!