Australian (ASX) Stock Market Forum

Reply to thread

I had a few beers with one of my sons last night .

He is is in steel fabrication industry. Two of his mates were there, one a builder, the other an electrician.

All of them have the same problem, actually getting the raw materials to work with.

Supply train issues means that they no longer have one wholesaler, they basically have to ring around to find out who has got stock, then start talking about prices.

All of their input costs have gone up, including wages, as skilled tradesmen very quickly get poached.

I would imagine this scenario is being repeated across the country, I can't believe it is just isolated to this area.

Inflation is here, its having significant impacts, and it shows no inclination to go away soon.

Mick


Top