Tomago Aluminium $2.5B Bailout: Federal and NSW Governments Split Cost

A $2.5 billion government bailout package will keep Australia’s largest aluminium smelter operating past 2028, safeguarding more than 1,000 jobs at the Tomago Aluminium plant near Newcastle according to joint reporting by ABC News, the Sydney Morning Herald, and newy.com.au. The federal and New South Wales governments split the public funding evenly, with the NSW … Read more