Labor welcomes KordaMentha’s announcement today that Newlake Alliance and JB Asset Management with support from the POSCO company has been named as the preferred bidder in the sale process of steel maker Arrium.
The Administrators will move to finalise the sale contract pending approval by the Foreign Investment Review Board.Read more
Malcolm Turnbull has once again left Australian shipbuilders in the lurch.
The Turnbull Government is refusing to guarantee no more workers in the industry will lose their jobs, because they can’t.Read more
The Liberals’ Budget has produced a manufacturing fund that does very little for Australian auto workers or manufacturers more broadly.
What the Liberals announced is no more than an uncoordinated grab-bag of measures, none of which are actually geared towards helping auto workers find new jobs.Read more
Today’s announcement demonstrates that the Abbott/Turnbull Government’s response to the closure of Holden and Toyota was always manifestly inadequate.
While new funding to assist automotive firms transition is welcome, today’s announcement shows just how late the Liberals are, coming to the table for automotive firms with the impending closures of Holden and Toyota less than 5 months away.Read more
Reports this morning that Australian railways may be built using Australian steel should not come as a surprise. It is just basic common sense.
Labor would like to see rail lines in Australia built with Australian steel. That’s a no-brainer.Read more
Today, Murray Goulburn has announced that it will close production facilities in Tasmania and Victoria, resulting in the loss of approximately 360 manufacturing jobs.
Labor is dismayed by the news of job losses at Murray Goulburn and our thoughts are with the workers, their families, and communities at this difficult time.
The Senate Rural and Regional Affairs and Transport Committee inquiry into the state of Australia’s rail industry will hold a public hearing in Newcastle tomorrow, at the Crowne Plaza Hotel Cnr Wharf Road and Merewether Street, from 9am.
Labor congratulates Professor Sue Thomas on her appointment as the new Chief Executive Officer of the Australian Research Council (ARC).
This is a good appointment; Professor Thomas should enjoy the confidence of the research community upon whose voluntary labour the ARC depends on to work effectively.Read more
Labor supports the aims of the March for Science, an international movement advocating for the public discovery, distribution, and understanding of scientific knowledge.
It is a disgrace that scientists and friends of science must take to the streets to defend the values of curiosity driven discovery, and the role of expertise in society.Read more
The ACCC chairman, Rod Sims, has confirmed what industrial gas users have been saying for months: the Turnbull Government’s gas crisis will see industry closures and job losses.
Speaking yesterday Mr Sims said the gas crisis now represents “the worst-case scenario.”
“We thought the market was going to get tight but this is worse than we expect.