Construction Chemicals How They Are The Spine Bone Of Any Construction

A FEW WORDS ABOUT THE CONSTRUCTION INDUSTRY:

The construction scene is going through tough times in the United States of America. A large section of Hispanic population in America almost all the time work for free. Labors come cheap in some parts of the United States and a family from New York or California could invest really cheap in areas like Texas for as low an amount as one lakh sixty thousand dollars. Here is a bit of both positive and negative news which is that there is a rise in about twenty eight percent in the demand for new homes in February of the present year but a rise in only about three percent in the construction jobs.

Construction business is booming in Canada and also in the rest of the world. There is a surge in the building of apartments and residential complexes. In the rest of the world there has also been a positive growth in the firms of building materials, construction and engineering sectors. In Australia there has been a growth of about six percent last November thus heralding better days in the construction business in the days to come. The government in Australia has also been proactive in building new schools in the country and which served as the impetuous in the non residential construction sector. Analysts at the Commonwealth banks comment on the fact that the construction boom in any country could last for a whole two to three years adding a two to three percentage points to economic growth.

ABOUT A FEW CONSTRUCTION CHEMICALS:

Readymix concrete is a mixture of cement, aggregates and water. Concrete is basically a mix of paste and aggregates. The paste like component in the ready mix structure is made up of cement and water and also coarse and fine aggregates like sand and rocks. The concrete can be put into any shape. Ready-mix concrete can be used to build high-rises, sidewalks, superhighways, houses and dams.

We, at Krishna Colours & Constchem Pvt. Ltd. have been in the construction business for a span of ten years and more. We cater to both large and small scale construction business with our construction chemicals. We work on both repair and alteration projects. At present we are concentrating on the residential projects but planning to span out into the commercial construction projects. As admixture manufacturer in India our construction chemical industry provides the chemical solution to commercial, industrial, residential and infrastructural segments of industries.

As readymix concrete supplier in India we understand that quality is topmost in the mind of the builders and construction companies so we take care to manufacture construction chemicals in accordance to international standards. As admixture supplier in India we can say that admixtures are those ingredients in concrete other than Portland cement, water and aggregates which are added to the mixture immediately before or after adding. Admixtures can be of various types like water reducing admixtures, plasticizers, accelerating admixtures and such the like.

Material for construction is used in the construction industry for constructing buildings and structures. Material for construction is vital for any construction industry.

Employment Law – The Enforceability Of Post Employment Restraints Of Trade (vic.)

Employing highly intelligent and highly qualified employees in a range of sophisticated commercial businesses is a risky business for employers.

To acquire competitive business advantage in an increasingly globalized and networked world of pharmaceuticals, genetics, telecommunications, power supply and information technology requires the employment of highly qualified, well educated, experienced and clever employees.

Potential employers and employees are both well advised to seek legal assistance when drafting or accepting terms of employment. Due to the seniority of these employees, their employment contracts are less likely to be workplace agreements but more likely to be private , one-off, contracts of employment.

Often, employees in the pharmaceuticals, genetics, telecommunications, power supply and information technology industries will have access to secret and confidential information which is both price and market-sensitive. This information might be chemical formulae, scientific and technological data, chemical, electrical or manufacturing trade processes, hardware or software engineering designs, or a range of other sophisticated technological and scientific information. The potential employee will need access to this information to perform his or her anticipated role. When the employment relationship ends, however, the employer is faced with a double problem. First, the employee is leaving. Whether the departure is voluntary or involuntary, it will be an inconvenience and a disruption to the employer. Secondly, and more importantly long term, the departing employee will take with him or her, knowledge of the secret and confidential information which may be the very basis of the employer’s competitive advantage in a particular industry or market.

To minimise this long term disruption, employers often include restraint of trade clauses in employment contracts when employing people in these sensitive areas. Commonly, the restraint of trade will prevent the former employee from seeking employment with any competitor of the former employer in the particular market for a period of time.

In current times, where there is a shortage of trained staff, particularly in scientific and technological areas, the reason why an employee departs is generally because he or she has received a better offer from a competitor.
In deciding whether or not to enforce the restraint of trade clause against a departing employee, Victorian courts have to balance a number of competing factors.

First, neither Australian nor Victorian general law will restrain a former employee from seeking employment with a competitor. Any such restraint must be found in an enforceable clause in the contract of employment with the former employer. Employers, therefore, should always ensure that staff are employed pursuant to written contracts of employment which contain enforceable restraints of trade.

Secondly, Victorian courts will not allow employers to prevent former employees from conducting a living by practising the skills which may have taken many years to acquire through university courses or practical experience. However, this is only a general rule or starting point.

Thirdly, Victorian courts will not allow former employees to obtain an unfair springboard into a new career by abusing the trust of the former employer. Examples are where employees spend an entire weekend photocopying price lists, formulae, client contact details and other confidential information and then resign the following Monday morning to set up a competitive business the following Tuesday morning.

Essentially, Victorian courts perform a balancing act between the competing interests of the employee to be able to continue to gain a living on the one hand and the employer’s interests of being able to reasonably prevent the disclosure of confidential and secret trade-sensitive information to competitors when the employment relationship ceases.

The sorts of factors courts have taken into account are as follows. First, Victorian courts will look to see whether the restraint of trade is reasonable or is too restrictive. Any restraint which tries to prevent an employee from working not only in the particular business of the former employer but any other associated or ancillary business is likely to be struck down. Likewise, a restraint which seeks to prevent an employee from working for an excessively lengthy period (generally more than 12 months) is also highly likely to be struck down and declared unenforceable. To overcome these problems, lawyers draft restraint of trade clauses to have a “waterfall” effect. The clause contains a number of alternatives, for example, starting from a very wide restraint and then proceeding to an increasingly narrow restraint in terms of future employment activities or in terms of length of time. Each one of the alternatives is severable from the contract if declared unenforceable by a court. Accordingly, a court might reject a restraint which provided for former employee X not to be employed in any pharmaceutical industry within South East Asia including Australia. The court, on the other hand, may be prepared to enforce a restraint which prevented employee X from being employed in the field of molecular genetic artificial-blood technology in either Melbourne or in Sydney for a period of one year. Such a restraint is far more precise and reasonably protects the former employer’s confidential information whilst allowing the employee to seek employment in the general field of molecular genetics.

A court must also be satisfied that an employer’s fears are genuine. For instance, is the information really secret and confidential? If the information is only knowledge which an employee would obtain through the repetitive working of his or her ordinary job, courts are less likely to regard this as secret or confidential information. Other sorts of information which are publicly available (even such as client contact details and price lists) may also not qualify. If there is no secret or confidential information, then there can be no restraint of trade.

Courts will also look to see whether the employee was specifically compensated for the restraint when first employed. If an employee received a specific additional sum as a hiring incentive for a longer than normal restraint of trade, courts are more likely to be persuaded that the restraint, when ultimately applied, is reasonable. The employee has accepted the restraint when first employed and has received a specific benefit for it.

Another factor which courts will examine is the seniority of the former employee. The more senior, the more likely it may be that the now departed employee may be capable of encouraging other staff to follow him or her and more capable of influencing former clients to switch allegiance. Alternatively, if the former employee was not employed in a managerial position and was only employed at either a junior or specific technical level, courts may be less worried about wholesale client or staff defections which would need to be prevented by the restraint of trade clause.

Until recently, courts seemed reluctant to enforce restraints of trade for more than 3-6 months. However, recent New South Wales Supreme Court authorities seem to be swinging the pendulum back in favour of employers where the balancing exercise outlined above suggests that the restraint of trade does need to be enforced to reasonably protect the former employer’s market and confidential information interests. For instance, Brereton, J., in John Fairfax Publications Pty Ltd v. Bert & Ors [2006] N.S.W.S.C. 995 upheld a restraint of trade for 12 months in relation to a former employee who had been employed at a senior level. The same judge, in Cactus Imaging Pty Ltd v. Peters [2006] N.S.W.S.C. 17 (18 July 2006) also enforced a restraint of trade for 12 months in a situation where the former employee operated in a restrictive market or oligopoly.

This is a complex area of law. Contracts of employment generally and restraints of trade particularly need to be carefully drafted to have their intended legal effect.

Employers and employees need to be carefully advised on the range of tactics available in post employment scenarios.

All about Rental Equipment Getting From Rental Specials

There are various reasons the people have to rent an appliance from the Mr Rent or other rental specials portals. This is all to meet the home requirement for a while. In case you are going for the rental equipment option, here’re the utmost tips on how to make it out.

The foremost step is the fact that important determination connected with just what you are exactly needed. Every appliance holds its individual essence. If you have no need for the exact performance it works, you don’t require in order to rent the item ever again as compared to you must purchase it. You have to be prepared to have a complete familiarity with anything like rental specials that you really want and also anything you really need before you will start looking for it on the internet and shops.

There are many online rental equipment franchises such as Mr Rent that let you rent the appliance on your needs. It could be long-term or short term. The rental specials franchises offer you everything that you need in day-to-day life, for example, music stereos, Air conditioners, freezers, computers, washing machines, Dishwashers, DVD players and VCRs, and almost every electronics item which possible you can hire.

Appliances are offered on a variety of rates according to the length of the rental terms as well as the appliance getting hired. A premium rental specials changes in line with the period with hiring a model of the appliance as well as a form. It depends upon the applicant rent service provider. You might have to pay on the monthly basis, and it could be weekly too then it comes to the short term rental equipment.

For example, if you visit Mr Rent for the rental equipment requirements, youll find the various categories… namely kitchen appliance, home entertainment, laundry appliances, rent gaming consoles, rent climate control, office appliances, and fitness appliances. So now, you would have got an idea that what you can get from the Internet to meet your renting need. If you will search online, you will find several companies that offer rent service on its terms and conditions. More or less, youll find famous appliance rental specials outlets around your place. One of the popular renting service providers is Mr Rent that offers franchises to many outlets in Australia and other countries. Such companies have everything that you can hire, which is most likely to be very useful in household.

The reason could be anything, but the fact is that whenever you need to rental equipment service, the companies like Mr Rent turns to be very helpful. And when then the appliance carried on our prospects and household work, it seems the right investment.

Irrigation And Its Importance To Agriculture In Tasmania

Tasmania is situated in the southern part of the Australian continent, considered a splendid getaway island that boasts of untouched wilderness, thousand-year-old trees, rugged coastlines, and rushing whitewater rivers. Tasmania is capable of producing high quality farm products. Its fertile soil, temperate climate and adequate water supply complemented by developed irrigation systems, all contribute to its progressive agricultural industry. In Tasmania, agriculture plays a major part in the economy as there are other industrial sectors that also rely in agriculture.

The government of Australia is oblivious to the fact that agriculture plays a key role in their economy and for this reason, the need to closely monitor and strengthen their irrigation systems in the face of calamities like drought and natural disasters is but imperative. One third of Tasmanias 68000 square kilometers land area is attributed to the agricultural industry which is why irrigation plays an integral part in its agricultural sector.

Statistics reveal that 14,000 gigaliters or 65% of the total water consumed are used for irrigation of agricultural land in Australia. It is alarming to note that this amount of water is not efficiently used the way it should be. Here lies the importance of an efficient irrigation system so that water can be conserved and utilized for the right purpose.

The sprinkler type or overhead irrigation is the one of the most commonly used irrigation systems in Tasmania. Water is sprayed over the crops by use of sprinklers or guns attached to an elevated structure. In a solid set sprinkler system, water is fed from a pump set and runs through a row of pipes or hard hoses. This kind of sprinkler is permanently installed at strategic locations of the farm area that need irrigation.

In a travelling irrigator system, the sprinkler is attached to a wheeled mechanism and has mobility to move across the farm area to perform its irrigation function. Another type of sprinkler irrigation system is the pivot irrigation device where pieces of pipes are connected to a framework of beams holding the pipes together. The sprinkler head moves in a circular motion and water is supplied into the pivot point at the center of the circle. Of all the sprinkler irrigation systems, the centre pivot irrigation is the most widely used by farmers in Tasmania.

A more traditional type of irrigator system is flood irrigation which is considerably the least expensive of all the irrigation systems. Here, water is allowed to flow on the crops directly to the farm bed. It does not require complicated machines to irrigate farms by this means. On the other hand, in furrow irrigation, shallow water canals are hollowed out between rows to catch the water that irrigate the crops.

The importance of an efficient irrigation system is crucial to the development of the agricultural industry in Tasmania. Since agriculture is highly reliant on abundant water supply, emphasis should be given on the proper irrigation agriculture practice by means of getting the appropriate irrigation equipment suitable to the needs of the agricultural lands in Tasmania.

Advice From Insurance Brokers, Perth Business Owners Can Use to Avoid Common Claims

For small business owners, when things dont go to plan, it can have a devastating impact on your bottom line. Although you may have planned out protection with your insurance agents, the disruption from a claim can still affect your business. Fortunately, here is some professional advice you can use to avoid common claims.

Theft:

This is one of the most common issues according to insurance brokers. Perth small business owners can struggle with the devastating effects of theft. The easiest access can be through a glass window or door, but it is also possible for thieves to access your business premises through the ceiling. Although many small business owners cant afford the high security measures employed by a bug company, there are some steps to minimise theft.
Firstly, you should make sure that you have adequate lighting in and around your building, particularly after business hours. This can be an excellent deterrent against break ins. Additionally, using suitable locks and heavier duty screens can help to more thoroughly secure your premises. To minimise losses, you should also consider using a store safe to hold cash or valuables when you close each day.

Damage From Storms:

Property damage from storms can be frequent, particularly in the turbulent weather in Australia. You may find that you have stock damage, a leaking roof, and other water damage. Additionally, electrical storms can cause power surges that damage electrical equipment and machinery.
To reduce the risk of a storm damage claim, you should ensure that your property is regularly maintained. Drain pipes should be cleaned, and your roof and ceiling should be checked and repaired. Additionally, you should be storm aware. If there is a forecast for a storm, you can alleviate the risk by turning off your equipment and computers at your main power source.

Accidental Computer Damage:

These days, most businesses need their computers to maintain even basic business activities. This means that accidental damage to your business computers can have a devastating effect. Unfortunately, computers are vulnerable to power surges, theft, spills and even falls. Something as simple as a laptop being knocked off a counter can prompt a claim and interrupted business. Fortunately, there are simple precautions to minimise your risk. Computer locks cost very little but can be used to anchor your computer to the surface. Additionally, you may want to invest in sleeves or covers to protect against spill damage. If you have particularly sensitive computer equipment, you may wish to institute a no food or drink rule in its vicinity.

If you are concerned about your coverage and need advice from business insurance brokers, Perth business owners should speak to us. GSK Insurance is a specialist insurance brokers Perth businesses can rely on. We would be delighted to help you ensure that your business is protected.

Four Questions About Business Insurance, Australia Business Owners, Should Ask

Whether you are establishing a new business or your insurance requirements have changed, there are a few questions about business insurance, Perth business owners need to ask before making a purchase decision. This will help you to have confidence that your business has adequate protection without it impacting your bottom line.

What Are the Business Risks?
In order to ensure that you have the right level of business insurance, Australia business owners need to assess their business activities and the associated risks. You need to think about whether you have physical premises, if customers visit you and what people you rely on such as contractors, suppliers or staff. It is also worth considering what resources are vital for running your business.
This information will help you to obtain a clear picture for your business. You can then get a little pessimistic and think about worst case scenarios and what could go wrong. Think about if something happens to your business premises or equipment, the liabilities you are exposed to and other circumstances that could impact your business operations. Theft, negligence, weather damage and even loss of income all need to be considered when you are assessing a business insurance online quote.

What Types of Insurance Are Needed?
Now you have a good idea of your risks, and what you will need to protect, you need to consider what types of insurance you require. You may also need to consider if there are industry, membership or legislative requirements for your business insurance. Perth business owners may need to consider all types of insurance from public liability to theft and damage cover as part of their insurance package deal.

How Much Insurance is Needed?
This is a much more complex topic as there is no fixed or correct answer. Every business is unique, so you need insurance cover that is tailored to your requirements. You will not only need to comply with any legal requirements for basic coverage but also protect your business activities and assets. To assess your insurance needs, you will need to consider the potential costs of claims made against you or replacing your business assets.

Whats Contained in the Small Print?
Finally, you need to familiarise yourself with the terms and conditions of any business insurance online quote. Every company is different, so you need to check the exclusions and terms for the policy before making a purchase decision. You need to ensure that the exclusions have not compromised your policy coverage. Standard exclusions include loss due to terrorism, war or other intentional acts, but this can vary from policy to policy.

If you are interested in obtaining business insurance, Australia based GSK Insurance is ready to help. We can not only provide a business insurance online quote, but also specialist advice and guidance. Our team of advisors is here to answer any queries to ensure that your business is fully protected.

Why Sustainable agriculture Is Important For Rising Global Population

Sustainable agricultural practices are essential to feeding a growing and voracious global population.

Farmers throughout Australia clearly recognise the need for sustainable agriculture. In short, sustainable farms lead to a sustainable business that can be handed down through generations.

There is a strong argument for an industry-based environmental stewardship system that recognises sustainable agriculture practices.

While environmental groups, producer bodies and regional groups in Australia have filled the gap, an umbrella environmental stewardship program would be beneficial.

The industry is in the process of developing a stewardship management system for producers, to allow more effective management and reporting on sustainable agricultural practices.

This system will address five crucial areas: greenhouse gas and energy management; land use and management; soil and water; biodiversity; and feral animals and weeds.

Australian red meat producers actively undertake measures at each stage of production to increase their efficiency, cut greenhouse gas emissions and manage other environmental impacts to help preserve our natural resources.

The domestic red meat industry invests more than $7.5 million each year in research and development (R&D) to find ways to make constant improvements to its environmental performance.

This includes collaborating with other livestock industries and governments in R&D to find practical ways to reduce greenhouse gas emissions while increasing productivity. Since 1990, emissions from red meat production have decreased by 6.5% per kilogram of product.

Through holistic management of their properties, Australian farmers nurture not only their livestock but the soil, trees, micro-organisms, native animals and vegetation that make up their production system. Not only is this important for sustainable farms but it is important for Australia’s quest to cut overall emissions.

A worldwide analysis of the effects of land management on soil carbon showed there is on average about 8% more soil carbon under well-managed pasture than under native forests.

While sustainable farming practices make good business sense, consumers are also increasingly seeking more information about the sustainability profile of their red meat.

The Australian red meat industry is actively engaged with the Sustainable Agricultural Initiative (SAI) Platform – a unique initiative set up in Europe five years ago by leading food companies with a conviction that a common food and agricultural industry platform can promote sustainable agriculture at a global level.

The SAI Platform is an independent association operating across the agriculture, food and fibre chain and aims to change practices to improve agriculture sustainability outcomes.

The Platform’s business approach is known as the -PPPs’ where three dimensions are considered – people, profit and the planet.

Australian agriculture is in a strong position to meet the growing global demand for food. As an agricultural nation with a strong focus on exports, Australia’s farmers are committed to sustainable agricultural systems.

To continue to harvest the long-term economic benefits of food production, Australia’s farmers need to continue to innovate and invest in sustainable agriculture.

Sustainable agricultural practices should be employed for all Australian farming. Learn more at redmeatgreenfacts.com.au

Tips to Keep Away from Car Rental, Perth, WA Ripoffs

There are many people who seek out adventure out of the blue. Travelling could be a hobby or a relaxing event for individuals, couples, and families who want to get away from the metropolis. When you get in the flight terminal of Perth, Australia, which is a common destination spot for travellers, there are numerous services which you are able to lease as a method of transportation such as taxis and car rental. Perth, WA has several automobile rental businesses in the airport for travellers. In spite of the availability of those automobiles for lease businesses, you ought to be careful in picking the company of your choice.

No matter where you might be, there will often be individuals willing and ready to manipulate a scenario you might be in. Renting a automobile is also 1 scenario you can get scammed by shady automobile rental businesses. Here are a few reminders on how you can steer clear of rental car Perth scams.

1.Searching on the internet for reliable and honest automobile rental companies should be your homework just before you hire cars. Perth has numerous automobile rental companies which should have good reviews over various community forums on the internet. Whenever you search for automobile rental businesses, you will also encounter unfavorable remarks and blog content articles about some companies by their previous consumers.

Oftentimes, they’ll write about their experience with the company and inform individuals with the scam that they did so that other individuals would not fall for their deceptiveness. This type of information will help you filter the good ones through the bad, making it simpler for you personally to pick among the field of companies.

2.When you’ve discovered a good company, don’t loosen up. Just to be sure, take pictures of the automobile before and right after you utilize it. Whenever you return the automobile, ask a staff to check the automobile to make sure it’s in good condition. The pictures needs to have time and date to become correct. If you have incurred any damage on the automobile, also take photos of it to present the real extent of the damage you’ve made.

3.Go through any paper they will give you, specifically the rental agreement form from a company of car rental. Perth, WA paperwork from businesses should consist of a listing or particulars of one’s rental terms. The form must possess a checklist of the current damages of the automobile, such as dents with their descriptions.

4.Keep your self aware and careful. Don’t fall for “too good to be true” bargains and deals. More often than not, automobiles that are priced at low rates will cost you more in the long run since they’re aged automobiles with damages from inside and out or your car rental. Perth, WA delivers numerous sensible priced automobiles combined with top quality.

5.Some journey insurance coverage businesses supply cover for automobile rentals. Make certain you contact your personal travel insurance coverage company prior to renting a automobile. They’ve provisions which may save you cash just in case some thing goes wrong.

Travelling can both be planned or spontaneous. You will find other issues, nevertheless, that should not be spontaneous or unplanned. Travelling around without having travel insurance coverage might not be a good thought, specifically when you are preparing to go to other counties. The same is true when selecting a rental car Perth company. Doing a little research, as well as looking for automobile rental businesses on the internet, isn’t a bad idea whenever you wish to keep your travelling experience a pleasure.

The Top Ten Employment Agencies In The Usa

The top employment agencies in U.S of America are given here.

Ranking of the best US employment agencies was based on revenue. The complete portfolio of each agency includes location and the services they offer.

Here are the top employment agencies in U.S of America:
Hudson Global Resources A division of Hudson Highland Group, Inc. Their vision, To be the world’s best at helping employers achieve success through people. They have expertise in staffing and consulting services particularly permanent & contract professionals, outsourcing solutions and talent management.

Kforce Inc. – Located in Tampa, Florida and operates in 67 offices. Kforce Incorporated specializes in staffing services. They positioned highly skilled employees in firms that need them. Kforce serves FORTUNE 1000 corporations, even the small and midsize firms for over 40 years now. Furthermore, they have a web-based service that includes on-line resumes and job vacancies. They believe that great people add up to great results.
9008 Group Inc. A private company that started in 1978 situated in Torrance, California. A company that does employment placement, administrative & general management, consulting services, management support services, business facilities oversight, business administration services, business intelligence consulting services, project management, industrial management and management advisory services.

Westaff, Inc. Located in Walnut Creek, California, Westaff has been in the industry for over 60 years with more than 15,000 clients. Theyre offering staffing services, professional recruiting, on-location staffing services, talent trak (in-depth behavioral and skills assessments) time trak (web-based workforce management program), payroll services, e-procurement and special projects. They operate in 209 offices throughout the United States, United Kingdom, Australia and New Zealand.

Heidrick & Struggles International Established in Chicago, Illinois, existed for more than 50 years catering to temporary placement, management assessment, and professional development services. They are the leader in executive search industry. Primarily, they provide incomparable service and expertise to bring effective leadership solutions for clients.

Driving Momentum Inc. Centered in Dallas, Texas, the company started in 1996. A very supportive and receptive company, it works round the clock, 24/7 to meet the requirements of its customers. If in need of professional and best drivers anytime, Driving Momentum is the answer.

Vedior North America, Llc – started 1994, the headquarters is located in Wakefield, Massachusetts. Formerly known as New Boston Group of Companies, the group was bought in 1994 by the UK-located recruitment company Select Appointments (Holdings). Their services include a broad range of staffing services. A staffing solutions to Traditional, Light Industrial Administrative sectors and also Specialist sectors like Healthcare, Information Technology, Engineering, Accounting, and Education. Vedior believes in excellence and innovation in their recruiting practice.

Chg Healthcare Services, Inc – Started in 1979, CHG is one of the pioneer and largest source of healthcare staffing in the United States. They provide a comprehensive service that includes temporary and permanent placement of physicians, health professionals and nurses to hospitals and healthcare firms.

CoWorx Staffing Services, Llc – formerly known as Pomerantz Staffing Services, offers employment services, employee recruiting, temporary staffing solutions, temporary employment, human resources recruiting, on-line recruiting, direct hire/executive recruitment and payroll services since 1974. Their main office is located in Watchung, New Jersey. They credit their success to their unparalleled commitment to people, their clients and their employees.

Odyssey One Source Incorporated – situated in Euless, Texas; operations started since 1990. An individual outsourcing firm that offers answers pertaining to human resources, risk management, payroll, taxes, benefits and training.

How will declining international student numbers affect the rental market

With recent reports of international student numbers dwindling by as much as 40% it will be interesting to see how this affects the tight rental market and rental values. The result could be less income for landlords but better value for international students (and students generally) who are in Australia and also for low income earners.

The value of international students to the Australian economy:

The international student industry pumps $3.8 billion dollars into the economy each year. However recent changes to the Skilled Occupation List that make it harder for students to gain permanent residency coupled with recent violence against international students has seen many potential university attendees turning to the USA and other countries for their study needs. The International Education Association is predicting a fall of over 100,000 international students in the next year with more reductions to follow which will have obvious flow on effects for the economy and the rental housing market.

The impact of fewer international students on the rental property market:

For landlords this is may not be good news. With demand for rental properties still very high, landlords can charge a premium for affordable housing near universities. Students will go to great lengths to secure these, so landlords currently have the upper hand. This may however all change with demand sure to decrease in the coming year. I have heard first hand from a higher education institution that some landlords are finding it difficult to fill bedsits that were once highly sort after.

For current and future international students the new Australian legislations and perceived danger of violence could provide some relief for cash strapped students. The Age recently ran an article about foreign students who were forced to live 10 to a room and sleep in shifts, in order to afford their accommodation. Less demand may mean things become more affordable for them.

Non-international students and people looking for affordable housing may also benefit from the decreased demand.

If, as some experts predict, even more reductions in international student numbers occur Australia wide, it will be interesting to see the onflow effect to the property market as a whole. However with the second term in full swing we will probably not be able to see the true impact on the market until 2011.