Govt watching heavy industry job losses 'very closely' - Robertson

Mon, 17 Aug 2020

The government is watching job losses across the country’s heavy industry “very closely,” Finance Minister Grant Robertson said. But the minister had no firm response when asked about the “substantial” job losses New Zealand Steel warned of today as it seeks to put its business on a sustainable footing. The firm doesn’t want to halt primary steel making but could be forced to do so if it cannot achieve a “step-change” in its performance, chief executive Gretta Stephens said. Its announcement follows the expected closure of the Tiwai Po...

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