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

 


100 jobs lost at Croxley as high Kiwi dollar keeps hurting

21 August 2014
Media Release

100 jobs lost at Croxley as high Kiwi dollar keeps hurting

One hundred jobs will be lost at Croxley Stationery in Auckland, which is being forced to close by the high dollar and ongoing crisis in New Zealand manufacturing.

"Our members are gutted by this announcement," says Joe Gallagher, EPMU national industry organiser. "They haven't done anything wrong, and the company feels they're making the only decision they can in the economic circumstances.

"Despite good times for the primary sector, Kiwi manufacturers who create skilled, well-paid jobs are finding it hard to remain competitive on the export market, so they're moving the jobs overseas.

"We need a government which will take manufacturing seriously and help companies to keep their work in New Zealand.

"Over a year ago, Labour, the Greens, New Zealand First and MANA supported a Manufacturing Inquiry which produced a practical, realistic strategy to support the industry and protect jobs. But the government didn't want to know.

"Now 100 more workers are paying the price for National's inaction."

A final decision on the closure is scheduled for 4 September. EPMU members at Croxley are entitled to redundancy as part of their collective agreement.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news