Holden to sack 500 jobs

But threaten to take away the government subsidies and they'll scream rape and threaten to lay off a lot more.
 
doomsday surprise said:
They've been a good investment for Australians only costing $2.17 billion over the last 12 years, ...
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+1.
Don't know whether to :lol: or :mad:
 
I watched the press conference live on ABC24 this arvo. The head of Holden.... did not win over the press :/
 
"The Australian automotive industry is heavily trade exposed, that is no secret - the appreciation of the Australian currency means that making things in this country is 60 per cent more expensive than it was 10 years ago."

Trade wars
Mr Devereux lays the blame for much of the Australian dollar's appreciation squarely at the feet of nations, such as the US and Japan, that have been deliberately devaluing their currencies.

"Importantly, the currency plays being made by other countries mean that were are not competing on a level playing field, not even in our own backyard," he argued.

"Not only are we challenged to compete locally, but high volume export markets are largely unattainable due to the value of the Aussie dollar and the measures that other countries take to fiercely protect their own automotive industry."

...

Gary Gray, the Acting Federal Minister for Climate Change, Industry and Innovation, says the latest job cuts are disappointing.

Read more: http://m.abc.net.au/browse?page=11144&articleid=4616228
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Thank goodness the Climate Change muppet is on the job! I was worried for a second that the government isn't able to maintain a viable environment within which to conduct business!

Why don't they increase the carbon tax and stop the pollution once and for all? Surely they can speed up the de-industrialisation process and save the planet.
 
Yeah, I'm not sure how many Holdens my taxes have paid for? I'd never own one of the newer ones. My brother's commodore just blew the engine. apparently it's a common problem after 140,000 kms.
 
The septic tanks (yanks), the half baked souffle' (Europeans) and the rice paddy side kick (Japs) have lied and cheated with free trade since the Bretton woods system was implemented after world war two.

Just keep stacking cause these bustards are all going down.

Kind Regards
non recourse
 
Blame Gillard! Oh wait, maybe not on this one. But still, some realism here. The headlines are 500 jobs gone. But the economy creates new jobs everyday with new industry, new companies etc etc.

We hear how "jobs are gone" but there's no balance in reporting that new companies/business relocate here and create more jobs.

But remember the media bias of "if it bleeds, it leads". Good news stories dont get a run. The worse and more shocking news is the more prominent it is.
 
Mostly move from full time to part time. Where all the mothers fill in.
For the guys all jobs are gonnna. It is a fake scennario that they have created.
And what happens to the sign off guarantees when ALPgreen sign with the cars maker.
A lot of crap I reckon. Wasted more public funding. Should have let the car maker rusted long time
ago in their scrap yard. There is not much jobs out there. Most places like coles wooly
have them replace with self check out. Most PT work also gone.
I reckon the figure that have been release was not accurate.
Their assumption were all out of wack. MRRT is like pulling out of the top hat.
Do you know there are a bunch of analist worked in the department.

The actual figures i reckon have been fixed by swany.
They are not reliable. Comes 14 sept will revial the actual
debt we owed. Big figures of losses at the rate they are going.
There are alot of companies closing down in Perth everyday.
 
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