ABC has learned that creditors of the Whyalla steelworks are owed a staggering $1 billion.
Creditors of Whyalla steelworks owed $1 billion, ABC understands
March 7, 2025
0 Comments
One thought on “Creditors of Whyalla steelworks owed $1 billion, ABC understands”
Leave a Reply
Explore More
Australia defends Pharmaceutical Benefits Scheme as US companies urge imposing reciprocal tariffs
Australia stands firm on its Pharmaceutical Benefits Scheme as U.S. companies call for the implementation of reciprocal tariffs.
Ningaloo and Great Barrier Reef hit by ‘profoundly distressing’ simultaneous coral bleaching events
Ningaloo and the Great Barrier Reef experience alarming simultaneous coral bleaching incidents.
A former NSW Police officer who told strangers online he was a “dirty paedo dad” and was prepared to pay for “underage fantasy and kink” has been jailed for at least six months.
A former NSW Police officer has been sentenced to a minimum of six months in prison after he admitted to online strangers that he was a “dirty paedo dad” and
It’s concerning to hear that the creditors of Whyalla steelworks are facing such a significant debt of $1 billion. This situation raises questions about the financial stability of the steelworks and its impact on the local economy and workforce. It will be important to monitor how the management plans to address this debt and whether they have a viable strategy to ensure the facility’s sustainability. The consequences could be significant not just for the creditors but also for employees and the broader community that relies on the steelworks. Hopefully, a plan can be put in place that will lead to recovery and renewed growth.