In a speech to the National Press Club, BlueScope CEO Mark Vassella warned that Australia risks following the UK’s industrial decline if the federal government fails to fix the gas market.
Vassella and other industry leaders say that without cheaper gas, the federal government’s Future Made in Australia policy is doomed, and Australia will become an industrial wasteland.
He said that the UK should serve as a “cautionary tale” for Australia, whereby high energy costs and poor policies have destroyed the nation’s manufacturing base.
