The great Australian living standards smash enters a new phase this week as Ford shuts, ironically from Domainfax:
By this time next week, Stewart Harris and his workmates will all be unemployed. They’ve known this day was coming – for three years now, in fact – since Ford, Holden and Toyota told Australians they were closing their car factories down forever.
…Ford, Australia’s oldest car maker, will shut both its plants in Melbourne and Geelong, putting 630 employees out of well-paid jobs and triggering thousands more redundancies in the national supply chain.
