The Forum > General Discussion > Should Sarah Murdoch and fellow celebs pay back the Bonds money?
Should Sarah Murdoch and fellow celebs pay back the Bonds money?
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This prompted a little more research, and I quickly found a 2007 paper from Victoria University's Centre for Strategic Economic Studies...
www.cfses.com/documents/wp29.pdf
...that provides a little more perspective, with less jingoism.
According to the report, full-time employment in the broad category "Textiles Clothing Footwear and Leather Industries" fell by 60% in the twenty years 1985 to 2005, from 104,800 to 42,800 workers.
More sepcifically, the local garment and garment-related textiles production industries in 2007 employed 29,748 people, a 25% fall from 2002.
I guess that these figures take on a fresh perspective in the face of an economic downturn, but it is a bit precious to turn on the advertisers and the talent they employ, when a trend that has been in place for decades, simply continues.
Did anyone complain that they were selling Chinese clobber before the latest round of sourcing adjustments? Don't recall any.
Incidentally, I found this to be one of the more thought-provoking statistics from the report:
"Household expenditure data (ABS 2006b) reveals that the three lowest income quintiles spend respectively AUD$12.75, $19.50 and $30.68 per week on clothing, whilst the upper two quintiles spend AUD$46.40 and $67.07 per week. Only in the highest income quintile does weekly household expenditure on clothing exceed expenditures on alcohol and cigarettes."
Imagine the outcry when we find ourselves drinking Tsingtao and smoking Jingjieyuxi...