Australia's ability to avoid a recession and thrive in comparison to other developed countries like the United States and Great Britain during the global financial crisis of 2008 was largely attributed to its booming mining industry. The mining industry in Australia has attracted foreign investors while also stimulating cash flow in various related industries, including car hire, which helps mining companies transport employees to and from various sites.
Unfortunately, several car companies in Queensland have reported a shortage of vehicles that is creating a challenge in transporting miners to sites throughout the Bowen Basin. According to the reports issued by the ABC, a shortage of vehicles has caused some mining groups to resort to utilizing mobile homes to transport their employees. Although the vehicle shortage has placed a strain on several mining companies, some have created an arrangement that serves as a partial solution by hiring mobile homes and using them for transportation and office vehicles simultaneously.
The car hire vehicle shortage in Queensland is just one of many hurdles that mining companies have recently had to deal with in the area, with heavy equipment rentals also being limited in recent months as the industry attempts to accommodate the continuously increasing demand. The CQIRC (Central Queensland Isaac Regional Council) has also placed an additional strain on certain import/export mining companies by enforcing restrictive building construction caps on their projects. Fortunately, many car companies and heavy equipment providers, such as Caterpillar, are expanding their manufacturing and distribution operations in regions in need like Tasmania and Queensland.