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

 


Fairfax moves more jobs from Australia to NZ

Fairfax moves more jobs from Australia to NZ

Jan. 24 (BusinessDesk) – Publisher Fairfax Media is moving more sub-editing work from Australia to New Zealand in a bid to reduce costs.

Fairfax has already moved sub-editing work from the Newcastle Herald, the Illawarra Mercury and community titles to New Zealand, resulting in the loss of 66 jobs in Australia.

On Wednesday it said it will move the copy sub-editing of its Financial Review Group (FRG), which includes The Australian Financial Review newspaper and BRW magazine, to New Zealand, affecting 13 jobs in Australia.

Fairfax Media New Zealand group executive editor Paul Thompson declined to comment on how many jobs will be created in New Zealand as a result of the latest move, which is subject to a two-week period of consultation.

“FRG, like every media business in the world that is committed to its future, is changing and improving the way it delivers journalism and services,” the company said.

The move of the work to New Zealand will deliver significant cost efficiencies while maintaining the quality of the publications.

The Media, Entertainment and Arts Alliance, the union that represents journalists in Australia, said the proposal was foolish.

The union will urge the company to drop the plan.

“The experience of the Fairfax regional titles with outsourcing production to New Zealand has not been good. It is impossible for sub-editors located in another country to have the depth of knowledge about local circumstances and events needed to do the job,” said alliance federal secretary Christopher Warren.

“However it appears that rather than learn from their mistakes, Fairfax management is determined to compound them,”

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news