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Prime Minister Anthony Albanese said Whyalla was critical to Australia’s national interest and has pledged to transform it into a ‘green iron’ powerhouse.
The Comprehensive Strategic Partnership signed between the two countries includes an initial $4 million payment for ‘projects’ involving the Pacific nation.
‘We need less government expenditure in general, and particularly less interference that clouds the economic fundamentals’, UNSW economist Gigi Foster.
The union sought a 32 percent pay rise across four years, but the government offered 15 percent for the same period, including a superannuation increase.