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Point Henry gets bailout, Kurri Kurri cut adrift



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Point Henry gets bailout, Kurri Kurri cut adrift 25-June-2012 Senator John Williams - The announcement of a $42 million rescue package for the Point Henry aluminium plant at Geelong is in stark contrast to the complete lack of support for jobs at the Kurri Kurri aluminium smelter.

The Nationals Duty Senator for Hunter John Williams said while the $42 million is good news for the 600 workers at Point Henry, the 350 workers at Kurri Kurri Hydro aluminium plant have every right to question why they too are not treated the same way.

Senator Williams said the answer is that Alcoa’s Point Henry operations have a direct impact on the most marginal Labor seat in the country and Labor is playing favourites

“Aluminium plants are already struggling with the high Australian dollar and low metal prices.

Under treasury modelling, the carbon tax is meant to reduce aluminium production by 61%, and it is some perverse logic by the Greens-Labor government that helping the environment is better than saving industries and jobs.

The carbon tax which will be implemented from next Sunday will be the final straw with higher energy and input costs to place a burden on businesses.

We will hear more stories like this in the months ahead. The only solution is to get rid of this dysfunctional government and let the Coalition get on with the job of repealing the carbon tax and restoring confidence in the economy”, Senator Williams said.