‘No steel plants will close on my watch’
Sanjeev Gupta has pushed back at Greensill’s administrators, saying it makes no sense for them to chase $6.5bn in debts.
Manufacturing
UK mulls nationalising Gupta’s assets
Britain is considering nationalising parts of Sanjeev Gupta’s steel empire, while Australia refuses to speculate on the British industrialist’s finances.
Winemakers likely to call for WTO help on China
The nation’s peak industry body for grape growers and winemakers is likely to plead to the World Trade Organisation to decide its dispute with China.
China’s brutal final call on Aussie wines
Australian wine producers have years of struggle ahead as they seek to fill the void left by China effectively cutting itself off as a major market.
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Alcoa to shed nearly 1000 jobs
UPDATE: ALCOA has announced it will permanently close its Point Henry aluminium smelter near Geelong, shedding almost 1000 jobs.
Why the car industry conked out
WHY did Australia’s three car-makers — Toyota, Holden and Ford — announce shutdowns within nine months of each other?
Can you really just get another job?
THOUSANDS of auto workers will be left without a job due to Toyota, Ford and Holden pulling out of the country. How hard will it be to transition to a whole new career?
No rush to axe tariffs on imported cars
THERE may be a silver lining to the shutdown of the vehicle industry — a fall in the price of imported cars. But the Government’s going to take its time making a decision.
Abbott attacked over job losses
BILL Shorten has tried unsuccessfully to censure the Prime Minister in Question Time for “failing to stand up and fight for Australian jobs”.
Toyota shutdown to hit 50,000 jobs
TOYOTA’S decision to shut its Altona plant will leave up to 50,000 workers in supporting industries out of a job, in addition to the 2500 at the factory.
Toyota shutdown sad but inevitable
ANALYSIS: Toyota always wanted to be the last to turn out the lights. If it went first it would have been blamed for killing the entire industry.
Ford to cut 300 jobs at Victorian plants
BREAKING: FORD has confirmed it will cut 300 jobs in June with the Broadmeadows and Geelong plants both to be affected.
Wong: Helping SPC ‘value for money’
SENATOR Penny Wong has accused the Abbott government of taking a hard line on SPC Ardmona, and said assisting it would have been value for money.
SPC decision shows PM’s credentials
PRIME Minister Tony Abbott understands that job in an unprofitable company is a job already lost, writes Jessica Irvine.
Original URL: https://www.heraldsun.com.au/business/companies/manufacturing/page/97