Bailout latest article re Whyalla, page-41

The Australian Business Review February 20/21 print version (last weekend) p28 article entitled "Arrium's bailout hopes hit Pyne wall" exclusive by Michael Owen: "Yesterday Mr Pyne said any commonwealth contribution to a bailout package being negotiated with the state Labour government and Arrium was a long way off and not guaranteed."

I was surprised to read this being under the impression there was some enthusiasm in that quarter to make it happen. This does not mean that it won't happen but it will be low key and not the occasion of a day trader's picnic.