Rescue bid for Chikos

The article reports that the makers of the Chiko Roll are considering closing their NSW factory where the greasy treat is produced. A tax break has been offered in response to that situation.

The article names US company JR Simplot and says it is reviewing the viability of its three Australian operations.

According to the article, the NSW government has offered a three-year payroll tax break to the Bathurst factory.

The article states the Bathurst factory employs 195 staff.

For everyday investors, the article highlights that JR Simplot is reviewing its Australian operations and that government incentives (like the three-year payroll tax break) are being proposed—items investors often monitor for potential operational or regional impacts.

The payroll tax break described in the article is time-limited: it is offered for three years.

Based on the article, investors should track JR Simplot's review of its Australian operations, any final decisions about the NSW factory, and government actions such as the three-year payroll tax break for the Bathurst site.

No. The article states the makers are considering closing the NSW factory but does not provide specific reasons for that consideration.