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holden employees superannuation
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Holden hopes dashed in $70m loss - www.drive.com.au
The company also incurred a hit of $50.3 million to top up employees' superannuation, which is a defined benefits scheme, as the financial crisis hit fund earnings. In a communique to staff, Holden's chairman and managing director, ...
Holden posts $70.2 million loss | Car Advice | News | Reviews
The big loss came after the company tallied up charges of $76.8 million that relate to the forthcoming closure of its Family II engine plant in Port Melbourne, Victora as well as a $50.3 million hit on employee's superannuation as the ...
John Quiggin » Superannuation: the good, the bad and the cosmetic
The removal of the reasonable benefit limits also means it's very worthwhile contributing $50000 p.a. over many years if you're rich enough (and your employer agrees if you're an employee), thus making multi-million dollar super amounts .... If you want to by a Ford or Holden, feel free to go into an Industry Fund. If you want a Mercedes or a Porsche you need to look elsewhere. Uncle Milton. May 17th, 2006 at 17:04 | #23. Reply | Quote. “Because you generally don’t get ...
Ford Australia posts $274m loss | Car Advice | News | Reviews
In addition the collapse of the stock market meant the company had to contribute $151 million to prop up its employee superannuation scheme. The losses reported by Ford Motor Company of Australia, which is wholly owned by Ford in the .... Holden will be next if they dont do there homework properly. I like the look of Press line 21 down in the Stamping plant. Whole place has changed a lot now since i used to work at Ford in the 90s with all the restructuring happenening. ...
Not PC: Let Ford fail [updated]
Every activity is controlled, right from product design detail to employee superannuation and healthcare. The response to this nightmare has been that many of the brightest engineers and product development people have left the US car ..... LGM Yeah, but are you a Holden or a Ford man? :^) Awesome. I can't say I drove them hard (other than my cousin's Cortina), as most were rentals. As you say LGM, Ford built basic conventionally engineered cars in the '60s and '70s in ...
More striking at Honda's Chinese suppliers | Car Advice | News ...
The strike follows similar industrial action by workers at one of Honda's Chinese transmission factories last week, which brought vehicle production to a stand-still and ended with around 1900 employees receiving a pay raise. ... Let them have pay rises, let them have paid matermity and paternity leave, medical benefits, free gyms, compulsory superannuation; create 'worksafe' for China paid for by the companies' taxes, allow them strong union membership, let the workers ...
FROM DR EARNEST TAYLOR (Ret) WHO MIGRATED TO AUSTRALIA | Bombnail
Public holidays are an Australian way of life and are as Australian as Football, meat pies and kangaroos (but not Holden cars because they're owned by an American company and most of the model line up are made in Korea). ... These days employers contribute to employees' superannuation, however, it should be noted that around the middle of the 1900s (I'm not sure of the actual date) income tax was increased for the purpose of a retirement fund for workers. ...
drive blog: Why did Mitsubishi and Nissan build cars here?
Toyota will have the money to do the same, but what about Holden and Ford? General Motors in on the verge of bankruptcy and already relies on American taxpayers money to stay open. Who will pay Holden workers their retrenchment sums, ... I suppose we have high wages and higher yet costs of employment including payroll tax and superannuation. That does make local manufacture problematic, even with robots. But do our workers actually get to spend what they earn, ...
MTR today | Herald Sun Andrew Bolt Blog
And do you really think that a cent of the tax will end up in general Australians super accounts? Only government employees are paid super by the govt. All other employees super is paid by their employers (not the Govt). .... Actually G.M. Holden Melbourne recently had a CEO called Deny Mooney, relative perhaps? jenny w replied to TonyP. Thu 08 Jul 10 (11:28pm). Yep, it's Jackboots Gillrudds' blitzkrieg on refugees. Whilst Singer campaigns for Gillard, Miranda Devine seems ...
CASH FROM CLUNKERS | Daily Telegraph Tim Blair Blog
Well I can assume that Fold/Holden employees and their unions will be up in arms over this blatant move to improve their ROI on their original mistake in giving Toyota millions for the piece of sheet Camry Hybrid. This kind of rubbish is not the role of ..... The Man with the Plan -vs- The Bogan with the Slogan. (Sun 25 Jul 10 at 07:12am). Puzzled says: Next time you stop to fill up your super-charged quad cam premium only clunker (with extra… (Sun 25 Jul 10 at 06:52am) ...
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