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Arrium safe for now amid rescue calls

The future of Arrium's 1600 steelworkers in SA remains in doubt ahead of a key meeting.
The future of Arrium's 1600 steelworkers in SA remains in doubt ahead of a key meeting. Source: AAP

Australia's peak business lobby group has cautioned against a protectionist stance in the wake of the crisis circling troubled steel and mining group Arrium. "Australia must not give up on driving reform in the parts of the economy that are globally uncompetitive," the Australian Chamber of Commerce and Industry (ACCI) said on Friday. "Australia can have a viable steel industry if appropriate infrastructure and workplace relations policies are in place," it said in a statement. The lobby group's warning came amid calls to protect the country's steel industry and ensure Australian steel is used in government construction projects.


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By Vaios Anastassopoulos

Source: SBS



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Australia's peak business lobby group has cautioned against a protectionist stance in the wake of the crisis circling troubled steel and mining group Arrium. "Australia must not give up on driving reform in the parts of the economy that are globally uncompetitive," the Australian Chamber of Commerce and Industry (ACCI) said on Friday. "Australia can have a viable steel industry if appropriate infrastructure and workplace relations policies are in place," it said in a statement. The lobby group's warning came amid calls to protect the country's steel industry and ensure Australian steel is used in government construction projects.



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