Aluminium's billion-dollar bailout
· 22 min
Episode Aluminium's billion-dollar bailout
A more than two-billion-dollar bailout is on the way for Tomago, Australia’s largest aluminium smelter.
It’s a move that Prime Minister Anthony Albanese says will secure jobs and sovereign capability for the Australian economy.
So what do we know about who will foot the bill? And what questions does this raise about the costs of decarbonisation?
And what to make of earnings results from corporate heavyweights Telstra, Origin and Insurance Australia Group after outages, data leaks and accusations of price gouging.
Michael Janda and ABC Business Reporter Lin Lin break it all down on ABC Business Daily.
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