PROSPECTS DON'T LOOK GOOD FOR LWR WORKERS

The prospects of LWR workers keeping their jobs don't look good in the light of Mayor Sideshow Bob Parker's most recent comments.

After being put in the picture by the receivers Parker commented that 'Lane Walker Rudkin's position is much more serious than I first realised.'

He also added that 'the banks' (ie Westpac) were 'clearly putting a lot of pressure on'.

Despite a lot of hot air from politicians and union officials alike, Parker admits that '.. at the end of the day it's going to come down to a call that the receivers will have to make.'

With LWR in debt to the tune of some $50 million, its hardly likely that the receivers are not going to fulfil Westpac's demands.