Reeve said the lesson was that governments should be thinking harder about how to support the long-term viability of industries considered strategically important, beyond simply showering them in cash.
Agreed
Well, they havent figured it out in 100 years seems they’re unlikey to now ? Look at ths stupidity that is steel, we have the iron on one side of the country and the coking coal on the other, .just need a railway and make our own steel but no…
Another example, look at cars, throw money at it until they say fuck it, then it collpases. What was the strategy there, aside from pork barelling ?
What are we doing with the Al here that we produce ? I assume it’s nearly all exported anyway
I would have some sympathy if we were supporting a verticlaly integrated industry delivering end products to Australians and overseas but is that what we’re doing ?
Or will we just sell subsidised Al to China to make shit to sell back to us ? And then spend a gazzilion to buy submaries on the pretext of the great red Chinese threat, our biggest customer amd trading partner ?
What a fucking mess :). Donald Horne was right back in the ‘60s, we’re a nation of fools led by idiots (paraphrasing) and nothing has changed
thatKamGuy@sh.itjust.works 1 hour ago
High energy costs, meanwhile my solar feed-in rate is at 1c/kW.
Eyekaytee@aussie.zone 25 minutes ago
if smelters only ran 8-3pm they’d be golden