It's about twelve or more times the value of some posters thoughts, published here. And about the current value of David Shearer to the Labour party.
Printable View
It's about twelve or more times the value of some posters thoughts, published here. And about the current value of David Shearer to the Labour party.
Sounds a bit like the 30s depression years over here, Craic. I just find it bizarre that profit from goods and services sold to NZ businesses often all ends up overseas, one of the main reasons being lower taxes there. These business operations rely on NZ infrastructure to help make their profits. The Aussie banks are a big case in point too. At least (under threat of legal actions) they started to pay a sensible amount of tax here.
Craic, maybe things aren't going to get any easier.
http://www.nzherald.co.nz/business/n...ectid=10847429
National don't believe the statistics.
Interestingly, I have absolute proof that futurists are more often wrong than right by a large margin. I have a heap of American magazine going back to just after WW2., mostly Mechanix Illustrated and similar. One of the magazines has a page of predictions about how things, principally technology, will evolve in the coming years. Another has a page entitled "I wish they would invent............" sent in by readers. At a rough guess I would say that the predictors were wrong 80% of the time. The "wish they would invent" crowd were right 80% of the time. In the early fifties we were all told that with the current rate of population growth famine would destroy the entire world within ten years, so now, sixty years later we have an obesity epedemic. The gentleman from the DaVinci Institute can maybe tell us how, if half the world is put out of work through digitalisation or whateveritis who will be able to afford the digitalisd product. Somewhere out there, there is a 'central tendancy' that corrects everything and balances needs and wants.
Been there done that..blinding white light at the end of the tunnel....I think he's responding Dr. Ropata.
The Hillside Railway workshop has operated since 1875. Under this term of a National Govt we have this sorry situation:
(as posted, with missing words etc, NZResources).
So National has set in place a process to drop 90 workers off the govt books, allow the private sector to buy/take the most profitable part of the operation, and then Bradken will compete with the likes of Masport and A.G Price foundries, who are also well established but won't be finding things easy. This was easily done, just by ensuring Hillside didn't get the contract for a new fleet of wagons. Game over.Quote:
Quote:
Partial solution for engineering works will see redundancies
16 November 2012
A partial sale of the extensive Hillside engineering workshops in Dunedin will see the foundry operation continue and uncertainty for the balance of the operation.
After what was described as an extensive national and international search for potential purchasers, Kiwirail has entered into a conditional agreement to sell the foundry to the Bradken group.to continue an operation on site, including supplying parts to KiwiRail.
The sale is expected to be completed early next year.
KiwiRail’s freight business will now operate the heavy lift facility and the rest of the site will be progressively closed down over the next few months as work is either completed or transferred to the Hutt Workshops near Wellington.
Kiwirail’s Jim Quinn, said while it was unfortunate the company couldn’t finalise a purchaser for the whole business, he was pleased there will still be some operations continuing at the site.
“As one of only a few foundry operations in New Zealand, Bradken could see the potential for this part of Hillside and we will be contracting some work to them as required. But, as an international engineering enterprise, they will also be able to access a larger business market with more product scope than the foundry’s largely ‘rail only’ focus."
KiwiRail said it could not afford the future operating costs to keep Hillside open in the face of decreasing work.
"Hillside has made an important contribution to the development of rail in NZ since 1875 and this won’t be forgotten. Many will be sad about its
The big issue for Dunedin will be the retrenchments and the Otago Daily Times reported yesterday that nearly 90 workers face redundancy.
Bradken as a global designer and manufacturer employs over 6,000 to supply a wide range of consumable products to the mining and construction, rail and transit, energy and general industrial markets.
The company’s global footprint includes 34 manufacturing facilities throughout Australia, New Zealand, the United Kingdom, China, the United States of America, Canada, Malaysia and Indonesia supported by a global network of sales and service facilities.
Sources: voxy.co.nz and odt.co.nz
For a kick-off Kiwirail is an SOE. This is not the govt's decision. But this had to happen. Hillside workshops belong in a bygone era. Of course it's tough for the employees, but the writings been on the wall for decades. Industries come and go and that's the world; and it's progress. Hillside once had over 800 workers who would build anything you wanted as long as you knew someone there. They ran a thriving business in clothes lines at one stasge. Management were allowed no say - it was run by the union. However that's all history. Dunedin will survive. It's amazing how things like this get so much publicity, but growing enterprises hardly get a mention. While hillside has wound down from 800 workers, the Otago University, Medical School, Dental school, Teachers College and the Polytechnic college have expanded by many thousands more employees. Dunedin is an academic city. There is no point in pretending it's a manufacturing place. That's change. There's nothing that can be done about it other than bs type propping up; and that's the sort of thinking that would still have a blacksmith's shop on every corner.