Albo’s $2.4bn lifeline for embattled steelworks
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
The South Australian government has forced to act against major steelworks, leaving a 1000-strong workforce in limbo.
Exposed to a trade war on one side and cheap steel dumping by China on the other, the boss of BlueScope goes for attack as the best form of defence.
An Australian business could be a major winner from Donald Trump’s steel tariff even if the country is not spared from the controversial levy.
Prime Minister Anthony Albanese has made a strong statement about the future of a multi-billion dollar investment after meeting with US President Joe Biden.
A year ago, one Australian Premier said the ‘status quo is not an option’ as he unveiled a major housing plan. Since then rents are up 13 per cent.
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
One state has committed another $290m to get more solar panels onto homes and businesses, with the ultimate aim of bringing energy bills down.
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Insane scenes have dominated the final day of anti-war protests in the heart of Melbourne, including one alleged act where a woman cemented herself in a car.
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
The financials and energy sectors have dragged the ASX to a winning day as Chinese woes weigh heavy on Australian miners.
Houses in one major city have been left unfinished as a builder that was serving a suspension is put into liquidation.
The Australian share market fell again on Thursday, after a poor start thanks to Wall St, as several big name companies report results.
Original URL: https://www.dailytelegraph.com.au/business/companies/manufacturing/page/10