When so much money has been thrown around of late, a govt subsidy or assistance package would be small fry. Happy to give $10m to AJ Hackett.....and they still let 60% of their workforce go.....
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Excuse the ignorant question but would the govt buying the smelter be an option?
Might as well buy it, they are printing free money so much, they can then reemploy lots of people, and negotiate with themselves for a good price on power. Losses? Who cares, if we can give 10 mill to bungy jumping we can give 50 mill to cover losses on this business. Win Win as far as I see it. Cant wait till 5.00 so I can open a Tui.