We're little better than Donald Trump when it comes to protecting our steel industry. And we're paying for the stupidity.
Donald Trump's announcement of punitive tariffs on steel imports will hurt American businesses and consumers -- and maybe Australian workers and Malcolm Turnbull as well.
A move by Customs to impose anti-dumping duties is a return to the bad old days of Australian protectionism. It's inflationary and will distort policymaking.
Just days after its AGM, BlueScope has gone out fundraising -- despite getting access to hundreds of millions in taxpayer assistance.
BlueScope Steel's generous executive remuneration are the legacy of a management approach based on a share price strategy, but a business strategy.
The government has rushed out another steel industry package, but at least it hasn't succumb to the protectionist impulses within Labor ranks.
The contrast between the business strategies of the noisy, very political BlueScope and its smaller, quieter and better-run rival, OneSteel (the other half of the old BHP Steel), are illuminating.