Editor's Choice
Super Members Council appoints inaugural chair
|The Super Members Council (SMC) will soon welcome Ann Sherry as its first chair.
Generation Development Group to take over Lonsec
|Lonsec Holdings will have a new parent company as Generation Development Group (GDG) is due to acquire the remaining stake in the research and ratings house.
Equip Super names chief experience officer
|Equip Super appointed its inaugural chief experience officer (CXO), previously at legalsuper.
APRA warns entities on adequacy of backup systems
|APRA has reminded its regulated entities of the need to remain vigilant when it comes to cyber resilience, identifying the use of data backups as a weak spot.
Further Reading
Sponsored by | Know the facts about lifetime annuitiesSaving for a happy retirement is Australia's #1 financial goal. Learn how LifeIncome can deliver more income, certainty, & choice. |
Products
Featured Profile
Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
This cannot be a 'considered' policy change that will be effective in maintaining employees in full employ across the full spectrum of industries in Australia. As an example, I started my working life as an apprentice electrical fitter in 1962 at the age of 16. This year, I turned 67.
In 1962, the electronics technology of the day included vacuum tubes (valves), gas tubes (Thyratrons) and selenium plate rectifiers. The common variable speed drive was the Ward-Leonard DC motor-generator system. We hadn't heard of any silicon semiconductors such as diodes, transistors or thyristors.
Microprocessors? Get real! If anyone had suggested that one day a small box the size of my lunch box would control a locomotive, elevator or a mining shovel and replace a control panel the size of a Toyota minibus, he would have been labelled a wa*ker!
How many employers today are looking for tradesmen with my grounding in those old technologies? None. We have experienced massive and rapid shifts in technology, so much so that our technical education system struggles to keep apace.
The old adage 'resistance to change is directly proportional to length of service' is so true and all employers know this. Any tradesman starting out in a technical role today, has to be cognisant that todays technology will rapidly disappear and be replaced with ever more complex systems. In my time, the changes were slow at first but rapidly accelerated during the 90's.
Today's tradesmen will not have the slow change I experienced to contend with and i suspect that by age 40, they will be struggling and find themselves resisting change due to brain saturation. Will they be kept fully employed to the age of 70? No way.
This policy proposal is simply a proposal to reduce Government expenditure.
This contribution was not submitted by Iphone, Ipad or Dalek (sorry, android) technology.