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https://www.rnz.co.nz/news/business/527836/port-taranaki-job-losses-could-follow-methanex-s-decision-to-cut-production
The announcement of 70 potential job losses at Methanex’s plant in Taranaki is sending shock waves through the region, with Port Taranaki already in talks with its staff about reconfiguring its business.
Methanex, which uses gas to produce methanol for export, said policy settings had not been conducive to securing sustainable gas supply for its business since 2018.
Closure of businesses as the easy pickings, and over-competition in some cases, here strip what little natural business we have. No doubt real estate etc will continue, and selling Kiwiland by the government also. Secondhand businesses have more probity.
Now It Begins – The Big Hurt by Toni Fisher
https://www.youtube.com/watch?v=g4A5wWKarzw