Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Job losses raise questions about NZ commitment

8 July 2004

Media Release

Job losses raise questions about NZ commitment

News that a group of workers are to lose their jobs at the Kawerau pulp and paper mill shows that one of New Zealand’s largest companies has little commitment to New Zealand says the country’s largest union.

Engineering, Printing & Manufacturing Union national secretary Andrew Little said that today’s announcement was consistent with a worrying trend developing in Carter Holt Harvey.

“It’s just more cost-cutting and even with the hefty proceeds from the sale of CHH Tissue, there is no new investment in New Zealand manufacturing,” he said.

When CHH bought the Kawerau pulp operation from mill owner Norske Skog, it agreed to contract certain services from the Norwegian company. It today announced that it was going back on that deal, forcing Norske Skog to lay off maintenance and other workers in its wood preparation operation (fibre co) and garage.

The garage workers will leave on August 6 and the wood prep workers on August 16.

This comes on top of CHH’s announcement last week that $480 million of the money CHH received from the sale of its New Zealand tissue operation would go to shareholders – half of it to the American company International Paper.

“Another $240 million has gone to buy a paper mill in China” Mr Little said.

“We think that at least the loose change should be invested in New Zealand to add to the much needed timber processing capacity in this country”.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>