COOOOOOOOOOOOOOOOOOOOOOEEEEEEEEEEEE!! Australia loses another treasure! Yes, that’s right, the latest news is yet one more aussie icon will be lost to the overseas trade, leaving over 1800 workers, without a job!
Posted Wed Feb 25, 2009
Bonds owner and clothing manufacturer Pacific Brands says it will cut 1,850 jobs in Australia over 18 months after posting a $150 million first-half loss and suspending its dividend.
The cost-cutting will see Pacific Brands close the majority of its Australian clothing and manufacturing operations, discontinue small labels and brands, and sell properties or relocate.
The company’s brands include Bonds, Holeproof, Jockey, King Gee, Hard Yakka, Dunlop and Clarks.
A total of 1,200 manufacturing jobs and 650 non-manufacturing jobs will go.
The site hardest hit by the cuts will be the Hosiery factory in Coolaroo, Victoria, where 298 jobs have been lost.
Jobs will also go at Bonds plants in Wentworthville, Unanderra and Cessnock in New South Wales.
There will be more cuts at Holeproof in Nunawading, Victoria, King Gee in Bellambi, New South Wales, and CTE in Brisbane’s West End.
Pacific Brands shares fell almost 3 per cent to $0.34 after today’s announcement.
AUSSIES FIGHT BACK!!
Aussies Fight Back against overseas products-TODAY TONIGHT, Channel 7
Reporter: Helen Wellings
Broadcast Date: February 26, 2009
Consider this, we spend $1.4 billion each week at our supermarkets, but only $106 million of that is used to purchase locally-made goods.
But a new initiative from buy Australian advocacy group, Fightback for Australia is seeking to make shopping for local goods easier.
Mike Rogers from Fightback has teamed up with IGA Supermarkets in a bid to stop what he says is the ‘big chains’ preference for cheaper imported goods, over locally-made.
“It’s really tricky trying to find the Aussie owned brands in the supermarket today,” Mr Rogers says.
“It’s echoed all around our supermarkets; customers want to buy Australian.”
Mr Rogers also says the current global economic crisis makes supporting local companies more important than ever.
If we all spend another $50 a week on Australian products instead of imported, it will create another 100,000 jobs here, according to the Aussie advocate.
But trying to track down locally made or produced products from Australian companies is a huge challenge.
In the past two years, the percentage of Australian items available at the supermarket has dropped from 15 per cent to 12.5.
Fightback and IGA are helping shoppers spot the Aussie lines with easily-recognisable stickers and a free guide listing all the home-grown brands.
Although this strategy is not unique, Mr Rogers says that just because a product has an Australian symbol on its packaging, does not necessarily mean it is local.
“Products with koalas, kangaroos and Australian flags can be misleading,” he says.
“There’s no guarantee they’re dinky-di, but with these stickers you can instantly tell its Australian-made and Australian-owned.”
[Now right here, I’d like to advise of a few websites, plagued with ‘aussie images’ dressed up in our colours of Green/Gold, and using Australian titles, but NOT based in Australia??? Hey, I appreciate any kind of promotion, but now might be a good time for these ‘online’ stores, to take a hard look at this Blog! Australian products such as Arnotts Biscuits, have not been owned by Australia for sometime!
And buying Australian can even save you money.
A Today Tonight survey taken two years ago compared the price of 15 popular Australian-owned and -grown brands with equivalent foreign products.
The Australian items were $5.05 cheaper than their overseas counterparts.
Our latest survey, which compared 13 items in each basket, showed Aussie items were $8.33 cheaper overall – a saving of almost 20% over the foreign-owned and made items.
WHAT WE HAVE LOST SO FAR:
- VEGEMITE-Belongs to Kraft [not Australian company]
- DAIRY FARMERS-NATIONAL FOODS [Japan]
- UNCLE TOBYS– NESTLE
- GOLDEN CIRCLE-Now HEINZ
- SPC/ARDMONA-COCA COLA
- BONDS-Now being made in CHINA
If you want to buy Australian, be sure to check out BUYAUS and other similar sites!