Stockbroking | Wealth Management | Corporate Advice


Resizing text on the web

To increase or decrease the magnification of a web page, press Ctrl and '+' (plus) to zoom in or Ctrl and '-' (minus) to zoom out. To return the page to its original size, press Ctrl + 0.

You can also scroll the mouse wheel up and down while holding Ctrl to increase/decrease zoom level.

Brewery jobs may go in Adelaide

Brewing company Lion is looking to cut 36 jobs at its Adelaide operations but says it will continue to produce beer locally.

Lion says the move to cut the number of shifts at its West End brewery comes in response to a range of cost pressures, including falling volumes and the continual decline of the mainstream beer market.

"West End remains South Australia's most popular beer, and will continue to be brewed locally," the company said in a statement on Wednesday.

"West End will continue to play an important role in our network of nine breweries after we invested significantly in 2013 to build a dedicated cider-making facility at the site."

Lion said any workers made redundant would have access to outplacement, job transition and retirement planning assistance.

"Our preference would always be to offer voluntary over compulsory redundancies in the first instance," the company said.

Austrlaian Associated PressBack to Breaking News

Market Indices