INDUSTRIAL POLICY – AUSTRALIA

‘Outbreak of commonsense’ may save smelter

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Original article by Chip Le Grand
The Australian – Page: 1 : 23-Oct-14

Aluminium producer Alcoa in early 2014 announced the closure of the Point Henry smelter operation in Geelong. This sparked concerns that its other facility, at Portland, would also be shut once an electricity supply deal ends in November 2016. However plant manager Peter Chellis has now welcomed an announcement by Federal Industry Minister Ian Macfarlane that he wants to exempt the smelter from the renewable energy target. This is estimated to bring annual cost savings of about $A10m, and may help secure the jobs of 540 staff and 180 contractors

CORPORATES
ALCOA INCORPORATED – ASX AAI, AUSTRALIA. DEPT OF INDUSTRY, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES, AUSTRALIAN LABOR PARTY, AUSTRALIAN ALUMINIUM COUNCIL LIMITED

Abbott to pick winners not losers

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 12-Sep-14

The Australian Government has revealed details of its National Industry Investment and Competitiveness Agenda, which will give priority to industries and sectors in which the nation is a leader. These include the energy, mining, agriculture and services industries. As part of its new industry policy, the Government will seek to encourage more co-operation between the business, education and research sectors, while training of apprentices will be focused on providing skills that are needed in the workforce

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY,{SPAC}BUSINESS COUNCIL OF AUSTRALIA,{SPAC}IBM CORPORATION