Sir,The closure of Rocklea Spinning Mills is a final chapter in the Government’s policies of wealth destruction, started so ably by Gough Whitlam in the 1970s, and pursued blindly by those that have followed.The closure of the Rocklea Company is the end point of that sorry story.The overhead costs of labour in manufacturing very largely legislated by Government and Labor Courts, have risen beyond 50%. so that a weekly wage of $480 with its labour overheads costs $720. American labour overheads a…
