1. Whyalla in danger of disappearing from the map
You might recall Craig Emerson singing ‘no Whyalla wipe-out’ when the carbon tax was said to take it off the map. Seems it was always a lot more fragile than Emerson thought in the big bad world of open trade barriers.
Arrium’s share price has tanked in five years from over two dollars to two cents, and the company has gone into receivership. Bill Shorten has called for a national steel plan and the use of Australian steel in government funded infrastructure projects. Continue reading Saturday salon 9/4