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Small businesses are being increasingly bogged down by late payments.

Better late than never? The ‘contagion effect’ crippling small businesses

Small businesses employ 5.4 million people and generate a third of Australia’s GDP, but late payments from bigger firms are putting many under financial strain.

  • Cindy Yin

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The Whyalla steelworks in South Australia is in adminstration for the second time in less than a decade.

‘Hard-wired to make losses’: Whyalla steelworks bleeding $1.5m a day

The steelworks in South Australia owes creditors $1.34 billion, with worker entitlements clocking in at $189.7 million.

  • Simon Johanson
Prime Minister Anthony Albanese speaking to workers at the Whyalla steelworks in South Australia on Thursday.

Why Albanese and Dutton are tripling down on a struggling steel mill

Canberra’s pledge to shield blue-collar workers from a wipeout of the Whyalla steelworks has immediate political upside, but is it throwing good money after bad?

  • Mike Foley
Prime Minister Anthony Albanese has announced a $2.4 billion support package for the Whyalla steel mill.

Albanese seizes ‘extraordinary opportunity’ in Whyalla steel $2.4b bailout

The faltering mill was plunged into administration on Wednesday and state and federal governments have pledged billions of taxpayer dollars if a new buyer can be found.

  • Mike Foley
Prime Minister Albanese meets steel workers at Whyalla.

Pre-election bailout: Does Whyalla deserve to be rescued?

First Rex, now Whyalla. It’s a bad look for the government to be bailing out businesses that have been poorly managed, even if the help is not going to shareholders or even creditors.

  • Elizabeth Knight
The Whyalla steelworks in South Australia is in adminstration for the second time in less than a decade.

What went wrong in Whyalla? And why is the government getting involved?

Governments have promised a $2.4 billion taxpayer bailout, if a new buyer can be found for the beleaguered mill.

  • Mike Foley
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The Whyalla steelworks is part of the GFG Alliance.

Labor’s $500m plan to rescue Whyalla from wipeout

The Albanese government will invest multi-millions to help keep the plant afloat after it was seized from the control of British billionaire Sanjeev Gupta.

  • Mike Foley and James Massola
Donald Trump signed a flurry of executive orders today.

Australia accused of breaking its word on exports as Trump presses go on tariffs

Trump said he would give “great consideration” to Australian exemptions, but his executive order accuses the government of breaking its word on aluminium exports.

  • David Crowe, Michael Koziol and Olivia Ireland
A Nissan electric vehicle displayed inside the company’s Ginza showroom in Tokyo.

Scrapping $97b Honda deal would leave Nissan stranded

Like the driver who stubbornly insists they know where they’re going but ends up lost, pride may have caught up with Nissan when it shelved its tie-up with Honda.

  • Gearoid Reidy
A rare earths plant in Kalgoorlie, West Australia, run by the Australian company Lynas.

The sweetener Australia will use to try to dodge Trump tariffs

Australia has rare earth metals crucial to high-tech manufacturing that will become more important for the US to get as it enters a trade war with China.

  • David Crowe

Original URL: https://www.watoday.com.au/topic/manufacturing-5z3