THE YEAR OF THE BAILOUT: AUSTRALIA’S BIGGEST ALUMINIUM SMELTER NEXT IN LINE FOR TAXPAYERS’ CASH
https://i.guim.co.uk/img/media/ed6c854412ee0e371514bcc48a821528267aa330/937_0_4685_3748/master/4685.jpg?width=140&quality=85&auto=format&fit=max&s=809f06936ba78350fd8ce1b96926861e
✍️ The Australian government has committed over $3 billion to support the country's metal making and smelting industries, with more handouts likely to come.
👉 Over $3 billion committed to supporting metal making and smelting industries 👉 Ad-hoc bailouts with no overarching strategy 👉 Tomago Aluminium smelter struggling to secure affordable energy 👉 Government considering providing bailout to ensure smelter's future 👉 Experts warn of potential precedent for future handouts
-- #AlisonReeve #JeromeDozol #TimAyres #SouthAustralia #NSW #Queensland #MountIsa #business
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