Tomago aluminium deal is no ordinary bail-out
The deal to save the Tomago aluminium smelter is no ordinary bail-out. It’s the result of more than year’s negotiations with a return to the taxpayer, the workforce, the shareholders and the planet.
Emeritus Professor Roy Green is Special Innovation Advisor at the University of Technology Sydney.
The deal to save the Tomago aluminium smelter is no ordinary bail-out. It’s the result of more than year’s negotiations with a return to the taxpayer, the workforce, the shareholders and the planet.
We want to be a nation that makes things, yet mainstream policy advisers balk at investing in the very industrial ecosystems that ensure manufacturers can survive and expand on our shores. When it comes to the future of Tomago—Australia’s largest aluminium smelter—this contradictory argument is well and truly alive.
Amid global turmoil, the report of the Strategic Examination of R&D (SERD) calls for “bold reform” of Australia’s “broken” research and innovation system. What better time to prepare for an uncertain future.
