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Debt, page-16

  1. 365 Posts.
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    Re: The lecturer from Swinburne Institute of Technology - it was only his suggestion.

    Governments have made it clear there needs to be change before they will consider investing any of taxpayers money - producing simple steel products where you are competing just on price is not the way to go; he suggested investing in capital equipment inside Whyalla to move into more highly specialised steel products with higher profit margins. Will the Governments do this? Don't know - let's wait and see.

    The board should have done this 5 years ago instead of buying WPG. And let's hope if there is a future head of strategy that it would be an experienced chemical engineer or a metallurgist and not a lawyer who belongs in a totally different industry.
    Last edited by Boges: 21/05/16
 
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