Thursday, March 1, 2012

Fed: Fed scheme inadequate for sacked textiles workers


AAP General News (Australia)
02-02-2000
Fed: Fed scheme inadequate for sacked textiles workers

The administrator of a collapsed Hunter Valley textiles company has admitted entitlements
paid under a proposed federal government safety net scheme would be far from adequate.

New South Wales Industrial Relations Minister JEFF SHAW says his staff met National
Textiles adminstrator, Star, Dean, Willcocks, last night and discussed the federal government's
proposed scheme for sacked workers which caps entitlements at $20,000.

He says the administrator explained how the federal scheme would work, but the details
simply emphasise it is far from a generous package, and is plainly inadequate.

The 342 former workers at the Rutherford factory have been told by company creditors
they will get only $7 million of their $11 million in entitlements and may have to wait
up to two years for their money.

AAP RTV tsm/wz/jn

KEYWORD: SACKED SHAW (SYDNEY)

2000 AAP Information Services Pty Limited (AAP) or its Licensors.

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