Paul Howes has been howling about the RBA’s decision to leave their policy rate at 4.25% in February – saying it’s the death of Manufacturing.
Why not campaign on something he can control – like the carbon tax?
Media reports that Alcoa is closing their Port Henry (Geelong) smelter, and has shelved a $3 billion expansion of its Wagerup alumina refinery in Western Australia for up to five years. These are manufacturing jobs that the AWU could (and should) save.
Aluminium is highly energy intensive, and production will go to where the cheap power is. That used to be Geelong – but if they cannot burn the brown coal, they won’t have cheap power.
And where will the production go? Africa? Does anyone think that will be cleaner?
These are manufacturing jobs that could easily be saved.
How? By junking the carbon tax, of course…