Heinz highlights import storm
Stock Journal Thursday 2nd June, 2011
Food processing giant, Heinz's controversial decision to cut its Australian workforce by 20 per cent and shift production to New Zealand has highlighted a "perfect storm" looming for Australian food manufacturers, say industry leaders. Cheap food imports, aggressive supermarket duopoly buying power, rising energy and freight costs, a sky-high dollar, complex labelling rules and a looming carbon tax on food production were colliding to deliver a thundering hit to Australian processors."This Heinz decision sends a horrifying message to the Federal Government," said National Farmers Federation president, Jock Laurie."If a company like this can't compete efficiently in Australia, you have to ask what's the reason."If our food industries can't compete on the international stage, but factories i...
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