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Breakthrough looms in major bailout
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Anthony Albanese and NSW Premier Chris Minns are poised to sign a bailout agreement for the beleaguered Tomago aluminium smelter, ending months of uncertainty for workers.
Anthony Albanese and NSW Premier Chris Minns are poised to sign a bailout agreement for the Tomago aluminium smelter.
In December, Mr Albanese announced the federal and NSW governments would provide Tomago with subsidised "clean" power to keep the smelter open beyond 2028.
Picture: NewsWire / Nicholas EagarThe Albanese government has in recent years stepped in to save major manufacturing projects, including the Boyne aluminium smelter in Queensland and South Australia's Whyalla steelworks.
The Australian Workers' Union, which represents Tomago workers, welcomed the December commitment and has also agitated for a deal.