Tassie com­pany looks to fu­ture

Mercury (Hobart) - - NEWSFRONT - HE­LEN KEMPTON

THE owner of a Tas­ma­nian cloth­ing busi­ness has been “blown away” by the sup­port shown since he raised fears he might have to shut up shop.

Graeme Davis, of the Tas­ma­nian Cloth­ing Com­pany, said fundrais­ing and ne­go­ti­a­tions with the State Gov­ern­ment, his bank and in­surance bro­kers, meant the com­pany would con­tinue op­er­at­ing.

“The wolf has gone from the door and we have taken steps to en­sure it stays away,” Mr Davis said.

News that the com­pany was in trou­ble due to its work­ers com­pen­sa­tion pre­mium go­ing up by 400 per cent to $53,000 broke when a Go- FundMe page was launched by the own­ers of Smit­ten Merino.

Tas­ma­nian Cloth­ing Com­pany man­u­fac­tures Smit­ten’s wool gar­ments.

The cam­paign has now raised al­most $4000.

Mr Davis said a for­mer Tas­ma­nian liv­ing in Vic­to­ria called to of­fer him a $50,000 no-in­ter­est loan.

“The response has been ab­so­lutely fan­tas­tic,” Mr Davis said. “I had no idea we had so much sup­port in the com­mu­nity and that peo­ple I do not even know would do­nate to help us stay in busi­ness.”

Tas­ma­nian Cloth­ing Com­pany em­ploys 21 peo­ple at its Sprey­ton fac­tory and also has a shop in Launce­s­ton.

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