Spiralling energy costs and falling paper prices land ‘devastating’ blow on Tokoroa
The 230 workers set to lose their jobs at Tokoroa’s Kinleith Mill - 2.2% of the entire South Waikato workforce - have been caught between double-digit production cost hikes and falling paper prices in what one economist said is a “devastating” blow to the Waikato town.
News of the job cuts came on Wednesday after workers were told parent company Oji Fibre Solutions was facing “extreme financial headwinds”.
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.3% Yes, supporting people is important!
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25.5% No, individuals should take responsibility
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15.2% ... It is complicated
Derelict Tokanui Hospital site in line for a clean-up
Derelict Tokanui Hospital buildings will be demolished and contaminated land cleaned up so the site can be offered back to iwi.
The former psychiatric hospital, southeast of Te Awamutu, sits on land taken from Ngāti Maniapoto under the Public Works Act in 1910.
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