Australian Equities update: Good luck finding an underground engineer

Dion Hershan, Head of Australian Equities at Yarra Capital Management and Portfolio Manager of the UBS Yarra Australia Share Fund shares his latest insights from a recent trip to Perth. With a clear 2010 style echo: Everything you have heard and read about ‘help wanted’ signs, $8 lattes and Uber prices super-surging appears to be true. The implications, though, are far broader. If you can’t get an Uber driver, good luck getting an underground geotechnical engineer!