So I’m done, whilst I haven’t graduated yet, I need to reflect on what’s next from here? The Western Australian economy is close to recession and has been in severe downturn since about 2014. The state government has the highest debt in history in both absolute dollar terms and in relation to economic output.

I want to stay employed in the public sector for at least the next couple of years, I have twelve years until I can access my retirement benefits and I have two years until I qualify for my second round of long service leave. In Australia, long service leave is twelve weeks paid leave after fifteen years service to a company. In order to attract high quality candidates, the state government cannot match private sector salaries so conditions of employment have to be competitive. Hence, state government employees qualify for long service leave after seven years of continuous service.

Another benefit of state government employment is the ability to take secondary employment part-time as long as it is authorised. The thinking is the public service wants to recruit staff from the private sector bring job-ready skills, extensive experience and contemporary knowledge to government departments. This allows individuals such as myself to generate a second income, maintain private sector skills and knowledge as well as gain experience in new areas.

As I’m in training and development I would prefer to remain in this field but there are not any current opportunities in the state government as the government has just announced another round of redundancies and plans to rationalise and amalgamate departments. Previously there was an official hiring freeze of six months plus unofficial pressure placed on department heads to not hire as a redundancy pool exists where displaced people sit in a recruitment pool.

I have nothing to complain about, I have retained my employment and although I will not be receiving any pay increases for the next three years as the state government has capped salary increases. I just have to wait until next year until I get a clearer picture of where I am going, the rest of Australia is moving again, hopefully Western Australia has seen the worst of the downturn. 

As Paul McCartney prepares to return to Perth twenty four years after he kicked off his New World Tour at Subiaco Oval in 1993. I expected a fairly laid back acoustic show – boy was I in for a surprise.

Now, Sir Paul will return to Perth for an outdoor concert at NIB stadium on December 2. I\’m really looking forward to this concert and I won\’t be reading any critic’s reviews. The local newspaper, The West Australia wrote a stinging review that was received very poorly by anyone who was at the concert. The next day, my fellow concert goer friend and I were walking around with concert t-shirts and I was constantly asked if the concert was really that bad.

I couldn’t believe it as it was a fantastic concert, there was so much going on with big screen monitors arranged around the stage, helicopters flying overhead, flame throwers and all matter of props. That surprised me, I was there for the music and Paul didn’t disappoint – he was terrific. Based on what I saw at The New World Tour, I reckon his new tour One on One will be just as good.

Heading down to the Tsim Sha Tsui area of Kowloon, the interactive mobile phone that was offered by our hotel recommended the Fisher and Farmer restaurant. So off we went on a stunning Friday night in Hong Kong.

This was apparently one of the restaurants in Hong Kong to visit, arriving at 8 pm without a booking was always be troublesome and after waiting for an hour we were seated. There wasn’t much of a wine list so the drinks were beer, so the choice was Corona. For the meal, we started with a dumplings as the entrée, the Peking duck was recommended but I can’t say I was overly impressed and since desert wasn’t on the cards, we left even without coffee.

I’m neither a Hong Kong local or Chinese resident so while I wasn’t much impressed with the Peking duck, this reputation of this restaurant is highly rated and the Peking duck is a specialty. It is not difficult to work out the issue stems from my tastes and not their cooking, I wanted local food and not westernised food so in that respect, I got what I wanted and appreciate the meal for what it was. The acid test always is, would I go back and eat there again, the answer is a resounding yes.

A same sex marriage plebiscite has been called in Australia, we will now vote on a non-binding instrument to guide politicians on how to vote in parliament on the same sex marriage issue.

To be honest, I couldn’t care less either way how the vote goes as it doesn’t really affect me. But apparently, it isn’t a vote, it is a survey and managed by the Australian Bureau of Statistics and not the Australian Electoral Commission. I feel no real connection with the same sex marriage issue but I understand plenty of people feel strongly on the issue. What is ironic is that a civil union exists in Australia where same sex couples are considered in a de facto relationship have property rights just the same as heterosexual de facto relationships.

The brigade of campaigners for the yes vote have been very vocal on social media, when I say vocal, they abuse any person who argues the no vote. Whilst I don’t really know the yes/no vote split, the vocal minority are possible attempting to shout down a silent majority. We saw with the US presidential election where Hillary Clinton was the unbackable favourite fall short in actual voting.

Now most of us don’t understand the American electoral college voting system, it isn’t a majority voting principal but regardless, the system was known before people voted. The fact is, regardless of the voting system, Clinton didn’t win. The same could happen in Australia so I guess the yes camp is getting vocal despite the fact that it could be alienating people who are undecided.

Is this how the same sex marriage vote will go? I’m unsure, but the yes camp is aggressive, obnoxious and abusive. This alienates people, especially people who don’t have strong views on the subject who could well be willing to vote no to shut the yes camp up. Naturally there is poor behaviour in the no camp as well although they appear to be somewhat subdued. Once the plebiscite has been counted, I just hope we are done with this and the public accepts the survey results either way.

So I finally have an iPhone, not a new one but an old hand me down iPhone 4 and I am wondering what all the fuss was about. Yes, the iPhone 4 is small, easy to slip in a pocket and for me – easy to lose.

So I have an iPhone 4 and I do like it as my travel phone; my main mobile phone is an Android and since I am familiar with the Android operating system, that is my preferred operating system. I must admit, I do like the size of the iPhone 4 and since my eyes have been lasered I am able to read the screen now.

What irks me is the only software that runs on the device is Apple specific so I am unable to upload all the music loaded on my computer in MP3 format. What I like about Apple products is the battery life, they certainly out-perform my Samsung products. At this point the iPhone 4 remains my travel phone as I just purchase a sim card at every destination – I am enjoying my first foray into Apple products.

So after a trip to Hong Kong, I decided to purchase myself a pair of Adidas Stan Smith as I used to wear the Adidas brand to school as a teenager. It appears white sneakers are back in vogue again and they were pretty popular in Hong Kong.

My seventeen year old nephew disagrees, he thinks I purchased the most generic sneaker around; with his Asics Get Lyte III, he apparently knows cool. In fact, I get the distinct impression that I just may have made cool uncool in his eyes. He is probably right, I am pushing fifty after all so I fall slightly outside the brand’s market segment. An old bugger trying to remain cool in his own eyes when he wasn’t ever cool to start off with probably isn’t a great look. But what do I care? The older you get the less you care about other people’s views anyway.

So my online studies have come to an end, my course ended at the completion of the second trimester 2017 after beginning in the first trimester 2015. Before that, I had undertaken a Bachelor of Training & Development beginning in 2012 and ending in 2014. So I really feel this has been pretty much non-stop study during that time over two qualifications.

I really didn’t think I could complete another trimester of study, I was totally spent and I just had enough. I had taken a three month break in mid 2014 before taking on a further unit and then starting the master’s degree. That’s way too much study over a prolonged period and I now have to turn this into a career positive in a depressed employment market.

One positive being in the training sector is consulting with industry representatives directly or indirectly through industry associations and advisory boards. The general consensus is that economic indications are tending to see a mild recovery leading to a mild hiring increase of trainees and apprentices in the technical fields. I am also receiving sms notifications on my phone from labour hire contractors offering employment opportunities.

I really need to generate opportunities and need to be a little creative as the recovery is soft and still in the early stages. We have now seen the bottom of the downturn and the tentative recovery is looking positive. So I will be booking flights to Adelaide so pick up my certificate but the real reason is to network with my classmates so as to generate leads for future employment opportunities. Now it is time for me to get serious and get out there and make the last two and a half years count.

I had read that fresh produce was both difficult to obtain and expensive to purchase in Hong Kong. It is well known that the cost of living is very expensive in Hong Kong and imported food in the form of fruit is highly prized.

So when I was in Hong Kong, I set about to see if this in fact true so when the opportunity to wander around a typical Hong Kong market arose – I was pretty enthusiastic. What I saw was somewhat different from what I had read in magazine articles. The author stated single strawberries were sold on wrapped pummels for extridinory prices, my investigations indicated otherwise.

I viewed pummels of strawberries similar to what I purchase in Perth. Likewise, Royal Gala apples were loosely sold and stacked on displays So I\’m more than a little suspicions of this reporting. Yes, the cost of housing has skyrocketed in Hong Kong, yes the cost of living is high but I found no evidence to support the notion that fresh fruit and vegetables are so expensive in Hong Kong that they need to be sold in single units.

Having arrived in Iloilo well after dark we were faced with the question of where to eat. The plane had been delayed numerous times throughout the day, the morning flight was cancelled, that left the early afternoon flight, more waiting with no staff interaction ensured patience was drawing short, our departure not long before sunset had totally wasted the day.

Notwithstanding the unprofessional conduct of Cebu Pacific, we were excited about being in Iloilo as we were informed the local seafood was outstanding so we headed out to Buto’t Balat for dinner. I decided to begin with a dozen raw oysters in shells that looked like they had been just plucked from the water, not much effort had been placed in presentation but I didn’t care. I was in the Philippine province, there was no need for fanciness here. The local prawns were better presented, not over cooked and the fish was exquisite. If you get the basics right then the rest takes care of itself and this is a pretty good restaurant.

Ok ok, I know it is referred to as Black Monday when the New York Stock Exchange went into meltdown but for those of us in Australia, it was the Tuesday when the carnage began following the lead from Wall Street. Not that I would really know because as an eighteen year old, I wasn’t yet invested in any sharemarkets. I had bought into my first mutual fund in May 1989 and purchased my first shares in 1990; so whilst the memory of the 1987 stockmarket crash was still very raw for many, I was just beginning my journey in independent investment.

I look back at the projections from my mutual fund where a twenty year old making a twenty dollar a week contribution would at retirement have between $1.5 million to $2.9 million in this investment account depending on earnings. I finally cashed out of this fund at age fourty eight with only $55,000 in total.

I never believed these projections, so despite the dire warnings to stay away from the sharemarket after the 1987 stockmarket crash, I wanted to become an investor. I thought I could do better but decided to run dual accounts just in case I messed up and lost all my money; at least I had a back-up plan to support my retirement.

I would never had guessed that this particular fund would be such a poor performer and I, a novice out-performed the fund managers. I may not have out-performed professional fund managers in terms of gross returns, but in the case of net returns with their fees deducted, I find I am way closer that I should be. No correct that – I am way out in front.

So I find myself in the precarious position, I joined this mutual fund and I contributed equal to $20 per week for twenty eight years indexed to inflation so my actual contributions were much higher. Plus I put a couple of lump sum payments in and looking at the actual investment returns, despite their assurances.

I pretty much pulled out my contributions with out any real earnings – that all went to the fund managers. They also charged me a percentage of the fund to pull my funds out before age sixty as I signed a fourty year contract. So how does this relate to the 1987 stockmarket crash? This is my worst investment ever and was pretty much born from the fear of the stockmarket crash and how I could be left with nothing in retirement.

With twelve years to run, I would not have had enough to fund more than a single year of retirement at $60,000 – even the full pension pays $23,250 annually that leaves the majority of pensioners living below the poverty line. Although I wanted to invest directly myself, the aftermath of the 1987 stockmarket crash caused me to rethink investing and be more conservative. If only I had backed myself in and just invested in assets directly, I would have been so much better off – I only have myself to blame.