Submission to the Textile Clothing and Footwear Inquiry

From:	ian [mailto:fayman@ausdyeco.com.au]
Sent:	20 January 2003 3:07 PM
To: 	tcf@pc.gov.au
Subject:	submission

I have previously registered our interest in making a submission.

I feel there are 2 major issues that need addressing:

1	if a company goes into administration no funding can continue -- it is ridiculous that the govt. can continue making payments after a co. has found that it is insolvent.

2	restructuring/rationalisation costs of metropolitan mills should be allowed--not just those in regional/TCF dependent areas.

Ian Fayman
Co-Managing Director
Australian Dyeing Company

Tel: 61-(0)3-94816401
Fax: 61-(0)3-94862512
Mob:0416012222

E-mail: fayman@ausdyeco.com.au
Homepage: www.ausdyeco.com.au