Tomago's Slow Death Exposes Folly of 'Made in Australia' Dream
Tomago's potential closure highlights the challenges of maintaining domestic manufacturing in Australia.
A recent campaign by News Corp to rebuild domestic manufacturing has gained support from notable figures, including billionaire Andrew Forrest and Harvey Norman chief executive Katie Page.
Andrew Forrest, a billionaire who ships truckloads of iron ore to China, and Katie Page, whose retail chain sells containers full of imported electronic goods, have backed the campaign.
Commercial Decisions and Corporate Bailout Culture
Rio's decision on Tomago's future may provide pushback against the corporate bailout culture, should it prioritize commercial viability.
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Author's summary: Tomago's fate tests Australia's manufacturing dream.