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Media Release: The Hon Christopher Pyne MP
Media Release: The Hon Christopher Pyne MP
Media Release: The Hon Christopher Pyne MP
MEDIA RELEASE
7 April 2016
Statement on Arrium
The Federal Government is disappointed by todays announcement by the
board of Arrium to place the company into voluntary administration however
remains hopeful that a positive outcome can be achieved.
This is a difficult time for the workers and families affected, particularly in
Whyalla.
While we are advised by the Administrator's that it remains business as usual,
the Federal Government stands ready to assist the workers of Whyalla.
The Government, through jobactive, already has a range of support services
available for workers who have recently lost their jobs from Arrium. Any
additional assistance would build on these existing employment services.
The State Government will have a key role to play in ensuring measures are
in place to support any workers adversely impacted.
The Australian steel industry is facing substantial challenges primarily caused
by the significant oversupply of steel. The Australian steel industry is not alone
in facing these challenges.
The Government has implemented significant policy reforms to support
Australias steel industry through measures to alleviate the costs of regulatory
burden including:
The provision of a 100 per cent exemption from the Renewable Energy
Target for emissions intensive, trade exposed industries
Despite this work by both the State and Federal Government it is clear that
the issues being experienced at Arrium are not able to be addressed with
further regulatory interventions by government.