There is more I have heard said about greater innovation needed in the industry to keep it up with the rest of the world. Australia has a reputation for being great innovators and inventors.
Rather silly to be sending all our iron ore and other metals overseas for other people to make our stuff isn't it? You have to keep some work at home in order to keep our people busy, with healthy work lives. No good just sitting around letting China do it all for us like the US did.
