Trashing Australia for years in oppostion and now driving the economy to a recession is costing even more jobs.

ALCOA will today announce the closure of its Point Henry aluminium smelter near Geelong, endangering 1200 jobs, senior sources have revealed.


http://www.heraldsun.com.au/news/victoria/alcoa-set-to-close-aluminium-smelter-at-point-henry/story-fni0fit3-1226830117231


Shame Abbott, Shame.


Abbott wants to be known as an infrastructure pm …. then start building centerlink offices.

The job losses are mounting. Here comes Abbott's recession.

Keating was right:


http://www.youtube.com/watch?v=4WQvtq6Hn6g


That's what happens when an ape runs the country.

Bam wrote on Feb 18^th, 2014 at 8:21am:

The job losses are mounting. Here comes Abbott's recession.

You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::)

FriYAY wrote on Feb 18^th, 2014 at 8:30am:

Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::)

Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument.

Your logical fallacy is ad hominem

Quote:

You attacked your opponent's character or personal traits in an attempt to undermine their argument. Ad hominem attacks can take the form of overtly attacking somebody, or more subtly casting doubt on their character or personal attributes as a way to discredit their argument. The result of an ad hom attack can be to undermine someone's case without actually having to engage with it.

Bam wrote on Feb 18^th, 2014 at 8:38am:

FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. Your logical fallacy is ad hominem Quote: You attacked your opponent's character or personal traits in an attempt to undermine their argument. Ad hominem attacks can take the form of overtly attacking somebody, or more subtly casting doubt on their character or personal attributes as a way to discredit their argument. The result of an ad hom attack can be to undermine someone's case without actually having to engage with it.

to review Point Henry smelter at Anglesea






Thu 09 Feb 2012
By takver      
Geelong
Alcoa
aluminium
Anglesea
electricity
subsidisation
 

Alcoa have announced a review of the future of Point Henry Smelter near Anglesea in a press release to the Australian Stock Exchange. The smelter at Point Henry has been operating for 49 years and employs about 600 people. Maybe the government subsidies that prop up an inefficient industrial plant need to be redirected into reskilling, retraining and relocating the 600 odd workers that face losing their jobs. This could provide the perfect opportunity for job creation in the renewable sector with the right range of government incentives. Sadly, the Baillieu track record on wind farms is beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planning regulations.

Alcoa also has an aluminium plant at Portland with newer technology which employs a similar number of people and is not under review.

"A combination of factors, including metal prices, input costs and exchange rates, have resulted in the Point Henry smelter becoming unprofitable," said Alan Cransberg, Alcoa of Australia Managing Director. "Together with our employees, we have worked hard to minimise costs and improve margins, but the current situation makes it difficult for Point Henry to be globally competitive in the foreseeable future. Our goal is for Point Henry to continue operating and meet its profitability targets. However one possible outcome of the review is that production at Point Henry may be curtailed. I know this is unsettling news that creates uncertainty for our employees and the many people that depend on the smelter for their livelihood. We will do all we can to ensure the smelter is competitive."

The aluminium rolling mill at Point Henry and Anglesea power station are not included in the review which aims to be completed by June 2012. Alan Cransberg said that the review into the Point Henry smelter had not been prompted by the price on carbon due to be introduced from July 1st 2012, but is primarily due to low metal prices, a high Australian dollar, and input costs. He said that the Point Henry smelter is already losing money and the carbon price would just add to that situation.

Alan Cransberg told the Age that the smelter had boosted productivity by 20 per cent in the past four years, but that this was still insufficient in reducing costs to make the plant competitive.

Watch as the Australian Workers Union pushes politicians from both sides to work out ways to increase inefficient subsidies to keep the plant open. "It should have been upgraded during the many, many good years. The company's lack of investment in Point Henry amounts to exploitation of the people of Victoria, and of Geelong in particular." said AWU Victorian Secretary Cesar Melhem. "To turn around now and consider cut-backs, or worse, is outrageous, particularly in the light of the assistance given the company over the years in terms of energy concessions."

"There should be urgent talks at the highest levels of government to prevent this major employer and exporter from doing a slash and burn without consideration for the workers and the state that has supported it." said Cesar Melhem. "Both Alcoa at Point Henry and Portland have been the subject of cost-cutting over recent years. However, at this time there is no question mark over the future of the Portland operation, simply because the company has invested in the latest technology there," he said.

If the smelter is already losing money with heavy subsidisation of carbon intensive coal fired electricity costs by the state Government, then maybe it is time for this energy intensive and inefficient smelter to close. The state Government in October 2011 renewed the Alcoa Anglesea Coal Mine 50 year lease extension despite community concern and opposition.

Closing the smelter would reduce the power requirements from the Anglesea power station which could easily transfer it's power generation to wind farms, and in the future, wave powered and geothermal energy production. The money saved from subsidising inefficient and carbon polluting industries could be directed to skills retraining and relocation for affected workers in the smelter and power station. But with the Baillieu government beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planni

Bam wrote on Feb 18^th, 2014 at 8:38am:

FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument.

OK, you tell us what Abbott did that will close Alcoa, thanks.

FriYAY wrote on Feb 18^th, 2014 at 8:43am:

Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks.

to review Point Henry smelter at Anglesea






Thu 09 Feb 2012
By takver      
Geelong
Alcoa
aluminium
Anglesea
electricity
subsidisation
 

Alcoa have announced a review of the future of Point Henry Smelter near Anglesea in a press release to the Australian Stock Exchange. The smelter at Point Henry has been operating for 49 years and employs about 600 people. Maybe the government subsidies that prop up an inefficient industrial plant need to be redirected into reskilling, retraining and relocating the 600 odd workers that face losing their jobs. This could provide the perfect opportunity for job creation in the renewable sector with the right range of government incentives. Sadly, the Baillieu track record on wind farms is beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planning regulations.

Alcoa also has an aluminium plant at Portland with newer technology which employs a similar number of people and is not under review.

"A combination of factors, including metal prices, input costs and exchange rates, have resulted in the Point Henry smelter becoming unprofitable," said Alan Cransberg, Alcoa of Australia Managing Director. "Together with our employees, we have worked hard to minimise costs and improve margins, but the current situation makes it difficult for Point Henry to be globally competitive in the foreseeable future. Our goal is for Point Henry to continue operating and meet its profitability targets. However one possible outcome of the review is that production at Point Henry may be curtailed. I know this is unsettling news that creates uncertainty for our employees and the many people that depend on the smelter for their livelihood. We will do all we can to ensure the smelter is competitive."

The aluminium rolling mill at Point Henry and Anglesea power station are not included in the review which aims to be completed by June 2012. Alan Cransberg said that the review into the Point Henry smelter had not been prompted by the price on carbon due to be introduced from July 1st 2012, but is primarily due to low metal prices, a high Australian dollar, and input costs. He said that the Point Henry smelter is already losing money and the carbon price would just add to that situation.

Alan Cransberg told the Age that the smelter had boosted productivity by 20 per cent in the past four years, but that this was still insufficient in reducing costs to make the plant competitive.

Watch as the Australian Workers Union pushes politicians from both sides to work out ways to increase inefficient subsidies to keep the plant open. "It should have been upgraded during the many, many good years. The company's lack of investment in Point Henry amounts to exploitation of the people of Victoria, and of Geelong in particular." said AWU Victorian Secretary Cesar Melhem. "To turn around now and consider cut-backs, or worse, is outrageous, particularly in the light of the assistance given the company over the years in terms of energy concessions."

"There should be urgent talks at the highest levels of government to prevent this major employer and exporter from doing a slash and burn without consideration for the workers and the state that has supported it." said Cesar Melhem. "Both Alcoa at Point Henry and Portland have been the subject of cost-cutting over recent years. However, at this time there is no question mark over the future of the Portland operation, simply because the company has invested in the latest technology there," he said.

If the smelter is already losing money with heavy subsidisation of carbon intensive coal fired electricity costs by the state Government, then maybe it is time for this energy intensive and inefficient smelter to close. The state Government in October 2011 renewed the Alcoa Anglesea Coal Mine 50 year lease extension despite community concern and opposition.

Closing the smelter would reduce the power requirements from the Anglesea power station which could easily transfer it's power generation to wind farms, and in the future, wave powered and geothermal energy production. The money saved from subsidising inefficient and carbon polluting industries could be directed to skills retraining and relocation for affected workers in the smelter and power station. But with the Baillieu government beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planning regulations, I doubt this is going to happen.

Sources:
•Alcoa press release, 8 February 2012 - Point Henry Review
•The Age, 8 February, 2012 - 600 jobs at risk as Alcoa battles soaring dollar
•Australian Workers Union News, 8 February 2012 - AWU calls for urgent action to ensure future of Alcoa Pt. Henry
•Climate Citizen, 8 December 2011 - Alcoa Anglesea Coal Mine 50 year lease ext

FriYAY wrote on Feb 18^th, 2014 at 8:43am:

Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks.

Closed GM Holden, Closed Toyota and tried to close SPC ???

The writing was on the wall for Alcoa.

A fact of the state of the Global & Local Economy!

This year & next were set to be very difficult for a number of reasons and it would have been similar under Labor, although it will be "somewhat" worse under the Coalition, due to their AUS-terity driven DNA..

Unfortunately, there just isn't any fixes, easy or otherwise, so take a deep breath & get ready for a wild ride!

Dnarever wrote on Feb 18^th, 2014 at 8:48am:

FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa.

;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

YOU KNOW THEY BLAME ABBOTT FOR G.W. DONT YOU??...

WAIT A MINUTE ITS NOW CALLED ...

CLIMATE CHANGE.... ::)..


maybe someone said snow aint warm...

woody2014 wrote on Feb 18^th, 2014 at 8:55am:

Dnarever wrote on Feb 18th, 2014 at 8:48am: FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa. ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

the mentality of the DARKSIDE.. is a worry isnt it...

lets see if they go out and BUY SPC....or will the  the buggers buy that cheap select stuff... :D :D :D :D :D :D :D :D


they dont seem to get that a product is only as good as the market that BUYS IT>.. and thats them isnt it??? ;D ;D ;D ;D..

wonder when they will wake up..at this rate never

perceptions_now wrote on Feb 18^th, 2014 at 8:53am:

A fact of the state of the Global & Local Economy! This year & next were set to be very difficult for a number of reasons and it would have been similar under Labor, although it will be "somewhat" worse under the Coalition, due to their AUS-terity driven DNA.. Unfortunately, there just isn't any fixes, easy or otherwise, so take a deep breath & get ready for a wild ride!

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills
Updated 4 minutes ago

Workers enter the Alcoa aluminium smelter in Geelong
PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith)
RELATED STORY: No decision yet on Point Henry smelter: Alcoa
MAP: Geelong 3220
Aluminium producer Alcoa has announced that it will close its Point Henry smelter and two rolling mills in Australia putting almost 1,000 people out of work.

The decision was made at a meeting of the Alcoa Australia board this morning.

The chairman and managing director of Alcoa, Alan Cransberg, is briefing employees.

Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales.

The smelter will be closed in August and the rolling mills will wrap up operations at the end of 2014.

The company says a comprehensive review of the 50-year-old smelter has no prospect of becoming financially viable.

The company is closing the rolling mills because of excess capacity.

"We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," said Klaus Kleinfeld, the company chief executive officer.

"Despite the hard work of the local teams these assets are no longer competitive and are not financially sustainable today or into the future."

Alcoa will try and find a buyer for the Anglesea coal mine and power station.

It supplies about 40 per cent of the power needed for the smelter and can operate as an stand-alone facility.

The Portland aluminium smelter and the company's bauxite mining and alumina refinery operations in Western Australia will continue to operate as normal.

Mr Cransberg says it was a difficult decision to make.

"Everyone has worked hard to improve the competitiveness of the smelter and rolling business," he said.

"They are a part of a proud history of Alcoa in Australia over the last 50 years."

The closure will reduce Al

NOTHING TO DO WITH ABBOTT   >:( >:( >:( >:(

Dnarever wrote on Feb 18^th, 2014 at 8:48am:

FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa.

Can you show how Abbott "closed Holden".

Can you show how Abbott "closed Toyota".

Can you show how Abbott "tried to close SPC".

Can you show how Abbott "put the writting on the wall" at Alcoa.

Thanks.

Do you agree with continuous corporate welfare?

Most rational people understand that manufacturing has been on the way out in this country for years and no one government is to blame (especially one that has just come to power after 6 years of another government)

FriYAY wrote on Feb 18^th, 2014 at 9:06am:

Dnarever wrote on Feb 18th, 2014 at 8:48am: FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa. Can you show how Abbott "closed Holden". Can you show how Abbott "closed Toyota". Can you show how Abbott "tried to close SPC". Can you show how Abbott "put the writting on the wall" at Alcoa. Thanks. Do you agree with continuous corporate welfare? Most rational people understand that manufacturing has been on the way out in this country for years and no one government is to blame (especially one that has just come to power after 6 years of another government)

The Captain of the ship is always responsible when it hits an iceberg
even if he is drunk & asleep in his cabin.

cods wrote on Feb 18^th, 2014 at 8:56am:

YOU KNOW THEY BLAME ABBOTT FOR G.W. DONT YOU??... WAIT A MINUTE ITS NOW CALLED ... CLIMATE CHANGE.... ::).. maybe someone said snow aint warm...

For you enlightenment, Cods.

==========================================

What is the relationship between weather and climate?

Weather is what’s happening outside the door right now; today a snowstorm or a thunderstorm is approaching. Climate, on the other hand, is the pattern of weather measured over decades.

NASA and NOAA plus research centers around the world track the global average temperature, and all conclude that Earth is warming. In fact, the past decade has been found to be the hottest since scientists started recording reliable data in the 1880s. These rising temperatures are caused primarily by an increase of heat-trapping emissions in the atmosphere created when we burn coal, oil, and gas to generate electricity, drive our cars, and fuel our businesses.

Hotter air around the globe causes more moisture to be held in the air than in prior seasons. When storms occur, this added moisture can fuel heavier precipitation in the form of more intense rain or snow.

At the same time, because less of a region’s precipitation is falling in light storms and more of it in heavy storms, the risks of drought and wildfire are also greater. Ironically, higher air temperatures tend to produce intense drought periods punctuated by heavy floods, often in the same region.

These kinds of disasters may become a normal pattern in our everyday weather as levels of heat-trapping gases in the atmosphere continue to rise.

Link -
http://www.ucsusa.org/global_warming/science_and_impacts/science/cold-snow-climate-change.html
==========================================

Even Paul Howes has come out in defence of Abbott  ;D ;D

So this thread by Green_poo is another nail in the Greens political coffin

Maqqa wrote on Feb 18^th, 2014 at 9:59am:

Even Paul Howes has come out in defence of Abbott  ;D ;D So this thread by Green_poo is another nail in the Greens political coffin

Rubbish - it's another Nail in Abbott's coffin.

Almost every day - this country is closing down.

Bobby. wrote on Feb 18^th, 2014 at 9:57am:

FriYAY wrote on Feb 18th, 2014 at 9:06am: Dnarever wrote on Feb 18th, 2014 at 8:48am: FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa. Can you show how Abbott "closed Holden". Can you show how Abbott "closed Toyota". Can you show how Abbott "tried to close SPC". Can you show how Abbott "put the writting on the wall" at Alcoa. Thanks. Do you agree with continuous corporate welfare? Most rational people understand that manufacturing has been on the way out in this country for years and no one government is to blame (especially one that has just come to power after 6 years of another government) The Captain of the ship is always responsible when it hits an iceberg even if he is drunk & asleep in his cabin.

WOW, thanks for the imbecilic response.

What a stupid analogy you've made.

Kudos....

Now politics is no man's land,
A land of frills and plenty
Where peasants clad in finest robes,
Aspire to be the gentry.

A splendid vista there prevails
Of myth and thought a-splendour.
Where every pollie's waking dream,
Is how to more tax render.

Horizons lit by Reichstag Fires,
Are waving on the breeze,
Of hot air rising to the skies,
And endless deep trough sleaze.

As daily in and daily out
Ideologies hold their sway
Without a thought or second thought
For those who have to pay.

This land is bound by nature's gifts,
And minerals gross and rare,
But the daily running of the Boss,
Has left it stripped out bare.

No eagles fly, when vultures fly,
No sated lions sleep,
When everybody but the Boss
Has pathways far too steep.

FriYAY wrote on Feb 18^th, 2014 at 10:13am:

Bobby. wrote on Feb 18th, 2014 at 9:57am: FriYAY wrote on Feb 18th, 2014 at 9:06am: Dnarever wrote on Feb 18th, 2014 at 8:48am: FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa. Can you show how Abbott "closed Holden". Can you show how Abbott "closed Toyota". Can you show how Abbott "tried to close SPC". Can you show how Abbott "put the writting on the wall" at Alcoa. Thanks. Do you agree with continuous corporate welfare? Most rational people understand that manufacturing has been on the way out in this country for years and no one government is to blame (especially one that has just come to power after 6 years of another government) The Captain of the ship is always responsible when it hits an iceberg even if he is drunk & asleep in his cabin. WOW, thanks for the imbecilic response. What a stupid analogy you've made. Kudos....

Don't make excuses for Abbott -

Abbott himself said that

" his government would have no excuses -
the buck stops here"

Bobby. wrote on Feb 18^th, 2014 at 10:04am:

Maqqa wrote on Feb 18th, 2014 at 9:59am: Even Paul Howes has come out in defence of Abbott  ;D ;D So this thread by Green_poo is another nail in the Greens political coffin Rubbish - it's another Nail in Abbott's coffin. Almost every day - this country is closing down.

This country is closing down and it doesn't matter who's fault it is, Abbott will get the blame.

He's the boss man so he has to wear the economic downturn at the next election, by which time we should be into recession if we keep going at this rate.

If they really are adults they will take the blame for the bad as well as the good........what good?

stevieboy wrote on Feb 18^th, 2014 at 10:33am:

Bobby. wrote on Feb 18th, 2014 at 10:04am: Maqqa wrote on Feb 18th, 2014 at 9:59am: Even Paul Howes has come out in defence of Abbott  ;D ;D So this thread by Green_poo is another nail in the Greens political coffin Rubbish - it's another Nail in Abbott's coffin. Almost every day - this country is closing down. This country is closing down and it doesn't matter who's fault it is, Abbott will get the blame. He's the boss man so he has to wear the economic downturn at the next election, by which time we should be into recession if we keep going at this rate. If they really are adults they will take the blame for the bad as well as the good........what good?

Nero played the fiddle while Rome burned.

Abbott is no better.

Why are the Greens not happy about this?

I thought Aluminium smelters are contributing to climate change

Maqqa wrote on Feb 18^th, 2014 at 10:43am:

Why are the Greens not happy about this? I thought Aluminium smelters are contributing to climate change

Stop supporting that chimp  Maqqa.

http://www.ozpolitic.com/album/forum-attachments/chimp_Tony_Abbott_007.jpg

FriYAY wrote on Feb 18^th, 2014 at 8:43am:

Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks.

He did nothing when he should have been doing something.

For a start, how about removing the stupid rule that makes it difficult or impossible to gain new skills if one has qualifications in a declining industry?

Bobby. wrote on Feb 18^th, 2014 at 10:40am:

stevieboy wrote on Feb 18th, 2014 at 10:33am: Bobby. wrote on Feb 18th, 2014 at 10:04am: Maqqa wrote on Feb 18th, 2014 at 9:59am: Even Paul Howes has come out in defence of Abbott  ;D ;D So this thread by Green_poo is another nail in the Greens political coffin Rubbish - it's another Nail in Abbott's coffin. Almost every day - this country is closing down. This country is closing down and it doesn't matter who's fault it is, Abbott will get the blame. He's the boss man so he has to wear the economic downturn at the next election, by which time we should be into recession if we keep going at this rate. If they really are adults they will take the blame for the bad as well as the good........what good? Nero played the fiddle while Rome burned. Abbott is no better.

Abbott is worse.

Nero didn't light the fire. Abbott did.

Kat wrote on Feb 18^th, 2014 at 12:37pm:

Bobby. wrote on Feb 18th, 2014 at 10:40am: stevieboy wrote on Feb 18th, 2014 at 10:33am: Bobby. wrote on Feb 18th, 2014 at 10:04am: Maqqa wrote on Feb 18th, 2014 at 9:59am: Even Paul Howes has come out in defence of Abbott  ;D ;D So this thread by Green_poo is another nail in the Greens political coffin Rubbish - it's another Nail in Abbott's coffin. Almost every day - this country is closing down. This country is closing down and it doesn't matter who's fault it is, Abbott will get the blame. He's the boss man so he has to wear the economic downturn at the next election, by which time we should be into recession if we keep going at this rate. If they really are adults they will take the blame for the bad as well as the good........what good? Nero played the fiddle while Rome burned. Abbott is no better. Abbott is worse. Nero didn't light the fire. Abbott did.

Do you actually realise how dumb your posts make you appear?

It's startling to me how ridiculous you anti Abbott people are prepared to sound, just to make some banal comment that isn't worth the effort to even write.

Astonishing that one can whip themselves into such a bitter twisted condition, all over a government that's held the reigns for such a short period and basically clear the last 2-3 governments of any complicity in what is happening.

:( :( :( :(

Kat wrote on Feb 18^th, 2014 at 12:37pm:

Bobby. wrote on Feb 18th, 2014 at 10:40am: stevieboy wrote on Feb 18th, 2014 at 10:33am: Bobby. wrote on Feb 18th, 2014 at 10:04am: Maqqa wrote on Feb 18th, 2014 at 9:59am: Even Paul Howes has come out in defence of Abbott  ;D ;D So this thread by Green_poo is another nail in the Greens political coffin Rubbish - it's another Nail in Abbott's coffin. Almost every day - this country is closing down. This country is closing down and it doesn't matter who's fault it is, Abbott will get the blame. He's the boss man so he has to wear the economic downturn at the next election, by which time we should be into recession if we keep going at this rate. If they really are adults they will take the blame for the bad as well as the good........what good? Nero played the fiddle while Rome burned. Abbott is no better. Abbott is worse. Nero didn't light the fire. Abbott did.

Abbott sat back & did nothing.

Bobby. wrote on Feb 18^th, 2014 at 1:16pm:

Kat wrote on Feb 18th, 2014 at 12:37pm: Bobby. wrote on Feb 18th, 2014 at 10:40am: Nero played the fiddle while Rome burned. Abbott is no better. Abbott is worse. Nero didn't light the fire. Abbott did. Abbott sat back & did nothing.

I also made this point - and for that reason I think the Nero analogy is a good one.

Bam wrote on Feb 18^th, 2014 at 11:10am:

FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. He did nothing when he should have been doing something. For a start, how about removing the stupid rule that makes it difficult or impossible to gain new skills if one has qualifications in a declining industry?

o review Point Henry smelter at Anglesea






Thu 09 Feb 2012
By takver      
Geelong
Alcoa
aluminium
Anglesea
electricity
subsidisation
 

Alcoa have announced a review of the future of Point Henry Smelter near Anglesea in a press release to the Australian Stock Exchange. The smelter at Point Henry has been operating for 49 years and employs about 600 people. Maybe the government subsidies that prop up an inefficient industrial plant need to be redirected into reskilling, retraining and relocating the 600 odd workers that face losing their jobs. This could provide the perfect opportunity for job creation in the renewable sector with the right range of government incentives. Sadly, the Baillieu track record on wind farms is beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planning regulations.

Alcoa also has an aluminium plant at Portland with newer technology which employs a similar number of people and is not under review.

"A combination of factors, including metal prices, input costs and exchange rates, have resulted in the Point Henry smelter becoming unprofitable," said Alan Cransberg, Alcoa of Australia Managing Director. "Together with our employees, we have worked hard to minimise costs and improve margins, but the current situation makes it difficult for Point Henry to be globally competitive in the foreseeable future. Our goal is for Point Henry to continue operating and meet its profitability targets. However one possible outcome of the review is that production at Point Henry may be curtailed. I know this is unsettling news that creates uncertainty for our employees and the many people that depend on the smelter for their livelihood. We will do all we can to ensure the smelter is competitive."

The aluminium rolling mill at Point Henry and Anglesea power station are not included in the review which aims to be completed by June 2012. Alan Cransberg said that the review into the Point Henry smelter had not been prompted by the price on carbon due to be introduced from July 1st 2012, but is primarily due to low metal prices, a high Australian dollar, and input costs. He said that the Point Henry smelter is already losing money and the carbon price would just add to that situation.

Alan Cransberg told the Age that the smelter had boosted productivity by 20 per cent in the past four years, but that this was still insufficient in reducing costs to make the plant competitive.

Watch as the Australian Workers Union pushes politicians from both sides to work out ways to increase inefficient subsidies to keep the plant open. "It should have been upgraded during the many, many good years. The company's lack of investment in Point Henry amounts to exploitation of the people of Victoria, and of Geelong in particular." said AWU Victorian Secretary Cesar Melhem. "To turn around now and consider cut-backs, or worse, is outrageous, particularly in the light of the assistance given the company over the years in terms of energy concessions."

"There should be urgent talks at the highest levels of government to prevent this major employer and exporter from doing a slash and burn without consideration for the workers and the state that has supported it." said Cesar Melhem. "Both Alcoa at Point Henry and Portland have been the subject of cost-cutting over recent years. However, at this time there is no question mark over the future of the Portland operation, simply because the company has invested in the latest technology there," he said.

If the smelter is already losing money with heavy subsidisation of carbon intensive coal fired electricity costs by the state Government, then maybe it is time for this energy intensive and inefficient smelter to close. The state Government in October 2011 renewed the Alcoa Anglesea Coal Mine 50 year lease extension despite community concern and opposition.

Closing the smelter would reduce the power requirements from the Anglesea power station which could easily transfer it's power generation to wind farms, and in the future, wave powered and geothermal energy production. The money saved from subsidising inefficient and carbon polluting industries could be directed to skills retraining and relocation for affected workers in the smelter and power station. But with the Baillieu government beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planni
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Australian Politic

Bam wrote on Feb 18^th, 2014 at 2:20pm:

Bobby. wrote on Feb 18th, 2014 at 1:16pm: Kat wrote on Feb 18th, 2014 at 12:37pm: Bobby. wrote on Feb 18th, 2014 at 10:40am: Nero played the fiddle while Rome burned. Abbott is no better. Abbott is worse. Nero didn't light the fire. Abbott did. Abbott sat back & did nothing. I also made this point - and for that reason I think the Nero analogy is a good one.

o review Point Henry smelter at Anglesea






Thu 09 Feb 2012
By takver      
Geelong
Alcoa
aluminium
Anglesea
electricity
subsidisation
 

Alcoa have announced a review of the future of Point Henry Smelter near Anglesea in a press release to the Australian Stock Exchange. The smelter at Point Henry has been operating for 49 years and employs about 600 people. Maybe the government subsidies that prop up an inefficient industrial plant need to be redirected into reskilling, retraining and relocating the 600 odd workers that face losing their jobs. This could provide the perfect opportunity for job creation in the renewable sector with the right range of government incentives. Sadly, the Baillieu track record on wind farms is beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planning regulations.

Alcoa also has an aluminium plant at Portland with newer technology which employs a similar number of people and is not under review.

"A combination of factors, including metal prices, input costs and exchange rates, have resulted in the Point Henry smelter becoming unprofitable," said Alan Cransberg, Alcoa of Australia Managing Director. "Together with our employees, we have worked hard to minimise costs and improve margins, but the current situation makes it difficult for Point Henry to be globally competitive in the foreseeable future. Our goal is for Point Henry to continue operating and meet its profitability targets. However one possible outcome of the review is that production at Point Henry may be curtailed. I know this is unsettling news that creates uncertainty for our employees and the many people that depend on the smelter for their livelihood. We will do all we can to ensure the smelter is competitive."

The aluminium rolling mill at Point Henry and Anglesea power station are not included in the review which aims to be completed by June 2012. Alan Cransberg said that the review into the Point Henry smelter had not been prompted by the price on carbon due to be introduced from July 1st 2012, but is primarily due to low metal prices, a high Australian dollar, and input costs. He said that the Point Henry smelter is already losing money and the carbon price would just add to that situation.

Alan Cransberg told the Age that the smelter had boosted productivity by 20 per cent in the past four years, but that this was still insufficient in reducing costs to make the plant competitive.

Watch as the Australian Workers Union pushes politicians from both sides to work out ways to increase inefficient subsidies to keep the plant open. "It should have been upgraded during the many, many good years. The company's lack of investment in Point Henry amounts to exploitation of the people of Victoria, and of Geelong in particular." said AWU Victorian Secretary Cesar Melhem. "To turn around now and consider cut-backs, or worse, is outrageous, particularly in the light of the assistance given the company over the years in terms of energy concessions."

"There should be urgent talks at the highest levels of government to prevent this major employer and exporter from doing a slash and burn without consideration for the workers and the state that has supported it." said Cesar Melhem. "Both Alcoa at Point Henry and Portland have been the subject of cost-cutting over recent years. However, at this time there is no question mark over the future of the Portland operation, simply because the company has invested in the latest technology there," he said.

If the smelter is already losing money with heavy subsidisation of carbon intensive coal fired electricity costs by the state Government, then maybe it is time for this energy intensive and inefficient smelter to close. The state Government in October 2011 renewed the Alcoa Anglesea Coal Mine 50 year lease extension despite community concern and opposition.

Closing the smelter would reduce the power requirements from the Anglesea power station which could easily transfer it's power generation to wind farms, and in the future, wave powered and geothermal energy production. The money saved from subsidising inefficient and carbon polluting industries could be directed to skills retraining and relocation for affected workers in the smelter and power station. But with the Baillieu government beholden to the anti-wind farm lobby with Future wind power development in Victoria stifled by draconian planni
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Australian Politics

Posts: 6965

At this rate Abbott will be responsible for the biggest loss of jobs in this country since the Great Depression.

adelcrow wrote on Feb 18^th, 2014 at 3:07pm:

At this rate Abbott will be responsible for the biggest loss of jobs in this country since the Great Depression.

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills
Updated 3 minutes ago


VIDEO: Alcoa Australia boss Alan Cransberg addresses the media (ABC News)
PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith)
RELATED STORY: No decision yet on Point Henry smelter: Alcoa
MAP: Geelong 3220
Aluminium producer Alcoa has announced it will close its Point Henry smelter and two rolling mills in Australia, putting almost 1,000 people out of work.

Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales.

The decision to shut the facilities was made at a meeting of the Alcoa Australia board this morning.

Alcoa Australia chairman and managing director Alan Cransberg briefed his employees and called it a sad and significant moment in the history of the company.

"Sixty per cent of employers have been with us for 10 years or more," he said.

A lot of the workers half expected this, [but] it is still a shock when it gets announced.
Alan Cransberg, Alcoa Australia chairman
"We are a large part of the Geelong community and we are proud of the contribution we have made over 50 years.

"A lot of the workers half expected this, [but] it is still a shock when it gets announced."

The smelter will be closed in August and the rolling mills will wrap up operations at the end of this year.

Alcoa says a comprehensive review of the 50-year-old smelter says it has no prospect of becoming financially viable.

The company is closing the rolling mills because of excess capacity.

"We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," company chief executive officer Klaus Kleinfeld said.

"Despite the hard work of the local teams, these assets are no longer competitive and are not financially sustainable today or into the future."

Alcoa's decision disappointing but predictable: Hockey

Federal Treasurer Joe Hockey says Alcoa's decision is disappointing but it was predictable because the company knew in 2012 that the plant was not financially viable.

"The Labor government gave them $40 million and they closed two years later," he said.

"The fact that they're closing two years after receiving a $40 million government grant illustrates the fact that you've got to be very careful with taxpayers' money."

Mr Hockey says no-one should be despondent about the closure.

"This is one of a number of businesses that will pass, but many other businesses will open," he said.

"If you get entirely    ;D ;D ;D ;D

Oh well..Aussies were warned about voting for a far right nut job like Abbott ...now their nightmares are coming true and they have no one to blame but themselves

adelcrow wrote on Feb 18^th, 2014 at 3:13pm:

Oh well..Aussies were warned about voting for a far right nut job like Abbott ...now their nightmares are coming true and they have no one to blame but themselves

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills
Updated 3 minutes ago


VIDEO: Alcoa Australia boss Alan Cransberg addresses the media (ABC News)
PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith)
RELATED STORY: No decision yet on Point Henry smelter: Alcoa
MAP: Geelong 3220
Aluminium producer Alcoa has announced it will close its Point Henry smelter and two rolling mills in Australia, putting almost 1,000 people out of work.

Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales.

The decision to shut the facilities was made at a meeting of the Alcoa Australia board this morning.

Alcoa Australia chairman and managing director Alan Cransberg briefed his employees and called it a sad and significant moment in the history of the company.

"Sixty per cent of employers have been with us for 10 years or more," he said.

A lot of the workers half expected this, [but] it is still a shock when it gets announced.
Alan Cransberg, Alcoa Australia chairman
"We are a large part of the Geelong community and we are proud of the contribution we have made over 50 years.

"A lot of the workers half expected this, [but] it is still a shock when it gets announced."

The smelter will be closed in August and the rolling mills will wrap up operations at the end of this year.

Alcoa says a comprehensive review of the 50-year-old smelter says it has no prospect of becoming financially viable.

The company is closing the rolling mills because of excess capacity.

"We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," company chief executive officer Klaus Kleinfeld said.

"Despite the hard work of the local teams, these assets are no longer competitive and are not financially sustainable today or into the future."

Alcoa's decision disappointing but predictable: Hockey

Federal Treasurer Joe Hockey says Alcoa's decision is disappointing but it was predictable because the company knew in 2012 that the plant was not financially viable.

"The Labor government gave them $40 million and they closed two years later," he said.

"The fact that they're closing two years after receiving a $40 million government grant illustrates the fact that you've got to be very careful with taxpayers' money."

Mr Hockey says no-one should be despondent about the closure.

"This is one of a number of businesses that will pass, but many other businesses will open," he said.

"If you get entirely  >:( >:( >:(

adelcrow wrote on Feb 18^th, 2014 at 3:13pm:

Oh well..Aussies were warned about voting for a far right nut job like Abbott ...now their nightmares are coming true and they have no one to blame but themselves

Abbott played the fiddle while Rome burned.

adelcrow wrote on Feb 18^th, 2014 at 3:13pm:

Oh well..Aussies were warned about voting for a far right nut job like Abbott ...now their nightmares are coming true and they have no one to blame but themselves

Nut-job nut-job haunting my dreams.

In his red speedos he's not what he seems.

Woman basher, sexist, misogynist extreme.

Nut-job nut-job haunting my dreams.

;D ;D ;D ;D

Bobby. wrote on Feb 18^th, 2014 at 3:15pm:

adelcrow wrote on Feb 18th, 2014 at 3:13pm: Oh well..Aussies were warned about voting for a far right nut job like Abbott ...now their nightmares are coming true and they have no one to blame but themselves Abbott played the fiddle while Rome burned.

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills
Updated 3 minutes ago


VIDEO: Alcoa Australia boss Alan Cransberg addresses the media (ABC News)
PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith)
RELATED STORY: No decision yet on Point Henry smelter: Alcoa
MAP: Geelong 3220
Aluminium producer Alcoa has announced it will close its Point Henry smelter and two rolling mills in Australia, putting almost 1,000 people out of work.

Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales.

The decision to shut the facilities was made at a meeting of the Alcoa Australia board this morning.

Alcoa Australia chairman and managing director Alan Cransberg briefed his employees and called it a sad and significant moment in the history of the company.

"Sixty per cent of employers have been with us for 10 years or more," he said.

A lot of the workers half expected this, [but] it is still a shock when it gets announced.
Alan Cransberg, Alcoa Australia chairman
"We are a large part of the Geelong community and we are proud of the contribution we have made over 50 years.

"A lot of the workers half expected this, [but] it is still a shock when it gets announced."

The smelter will be closed in August and the rolling mills will wrap up operations at the end of this year.

Alcoa says a comprehensive review of the 50-year-old smelter says it has no prospect of becoming financially viable.

The company is closing the rolling mills because of excess capacity.

"We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," company chief executive officer Klaus Kleinfeld said.

"Despite the hard work of the local teams, these assets are no longer competitive and are not financially sustainable today or into the future."

Alcoa's decision disappointing but predictable: Hockey

Federal Treasurer Joe Hockey says Alcoa's decision is disappointing but it was predictable because the company knew in 2012 that the plant was not financially viable.

"The Labor government gave them $40 million and they closed two years later," he said.

"The fact that they're closing two years after receiving a $40 million government grant illustrates the fact that you've got to be very careful with taxpayers' money."

Mr Hockey says no-one should be despondent about the closure.

"This is one of a number of businesses that will pass, but many other businesses will open," he said.

"If you get entirely    >:(

Some businesses will startup—if the stinking Libs would get real and roll out the NBN! The committee meeting in Tassie heard from existing businesses that this would work.

No NBN—doubt any new jobs especially as austerity will be the order of the day.

woody2014 wrote on Feb 18^th, 2014 at 3:17pm:

Bobby. wrote on Feb 18th, 2014 at 3:15pm: adelcrow wrote on Feb 18th, 2014 at 3:13pm: Oh well..Aussies were warned about voting for a far right nut job like Abbott ...now their nightmares are coming true and they have no one to blame but themselves Abbott played the fiddle while Rome burned. Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills Updated 3 minutes ago VIDEO: Alcoa Australia boss Alan Cransberg addresses the media (ABC News) PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith) RELATED STORY: No decision yet on Point Henry smelter: Alcoa MAP: Geelong 3220 Aluminium producer Alcoa has announced it will close its Point Henry smelter and two rolling mills in Australia, putting almost 1,000 people out of work. Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales. The decision to shut the facilities was made at a meeting of the Alcoa Australia board this morning. Alcoa Australia chairman and managing director Alan Cransberg briefed his employees and called it a sad and significant moment in the history of the company. "Sixty per cent of employers have been with us for 10 years or more," he said. A lot of the workers half expected this, [but] it is still a shock when it gets announced. Alan Cransberg, Alcoa Australia chairman "We are a large part of the Geelong community and we are proud of the contribution we have made over 50 years. "A lot of the workers half expected this, [but] it is still a shock when it gets announced." The smelter will be closed in August and the rolling mills will wrap up operations at the end of this year. Alcoa says a comprehensive review of the 50-year-old smelter says it has no prospect of becoming financially viable. The company is closing the rolling mills because of excess capacity. "We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," company chief executive officer Klaus Kleinfeld said. "Despite the hard work of the local teams, these assets are no longer competitive and are not financially sustainable today or into the future." Alcoa's decision disappointing but predictable: Hockey Federal Treasurer Joe Hockey says Alcoa's decision is disappointing but it was predictable because the company knew in 2012 that the plant was not financially viable. "The Labor government gave them $40 million and they closed two years later," he said. "The fact that they're closing two years after receiving a $40 million government grant illustrates the fact that you've got to be very careful with taxpayers' money." Mr Hockey says no-one should be despondent about the closure. "This is one of a number of businesses that will pass, but many other businesses will open," he said. "If you get entirely    >:(

Don’t bother.

They aren’t even hiding the fact that most of the garbage they regurgitate on here is even close to the facts at hand.

They’ve just become sad demented haters…..DH’s.

The Abbott government obviously don't want manufacturing in Australia.

Dnarever wrote on Feb 18^th, 2014 at 3:27pm:

The Abbott government obviously don't want manufacturing in Australia.

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills
Updated 3 minutes ago


VIDEO: Alcoa Australia boss Alan Cransberg addresses the media (ABC News)
PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith)
RELATED STORY: No decision yet on Point Henry smelter: Alcoa
MAP: Geelong 3220
Aluminium producer Alcoa has announced it will close its Point Henry smelter and two rolling mills in Australia, putting almost 1,000 people out of work.

Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales.

The decision to shut the facilities was made at a meeting of the Alcoa Australia board this morning.

Alcoa Australia chairman and managing director Alan Cransberg briefed his employees and called it a sad and significant moment in the history of the company.

"Sixty per cent of employers have been with us for 10 years or more," he said.

A lot of the workers half expected this, [but] it is still a shock when it gets announced.
Alan Cransberg, Alcoa Australia chairman
"We are a large part of the Geelong community and we are proud of the contribution we have made over 50 years.

"A lot of the workers half expected this, [but] it is still a shock when it gets announced."

The smelter will be closed in August and the rolling mills will wrap up operations at the end of this year.

Alcoa says a comprehensive review of the 50-year-old smelter says it has no prospect of becoming financially viable.

The company is closing the rolling mills because of excess capacity.

"We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," company chief executive officer Klaus Kleinfeld said.

"Despite the hard work of the local teams, these assets are no longer competitive and are not financially sustainable today or into the future."

Alcoa's decision disappointing but predictable: Hockey

Federal Treasurer Joe Hockey says Alcoa's decision is disappointing but it was predictable because the company knew in 2012 that the plant was not financially viable.

"The Labor government gave them $40 million and they closed two years later," he said.

"The fact that they're closing two years after receiving a $40 million government grant illustrates the fact that you've got to be very careful with taxpayers' money."

Mr Hockey says no-one should be despondent about the closure.

"This is one of a number of businesses that will pass, but many other businesses will open," he said.

"If you get entirely    ;D ;D ;D ;D ;D

Dnarever wrote on Feb 18^th, 2014 at 3:27pm:

The Abbott government obviously don't want manufacturing in Australia.

Yes that's it, i'm sure your demented one line of complete and utter crap is what is going on.

Yep, you're not a demented moron at all, well done you!!

  ::)

If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet.

adelcrow wrote on Feb 18^th, 2014 at 3:33pm:

If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet.

Hear hear Adelcrow,

I am hoping for a double dissolution so we can vote this clown out.

adelcrow wrote on Feb 18^th, 2014 at 3:33pm:

If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet.

So what would have the ALP or Greens done to save Alcoa?

;D ;D

It's OK you don't have to answer, i'm sure that demented locker of a brain, full of hate and bile must not be a nice place to dwell, so i won't make you dwell in it.

:)

FriYAY wrote on Feb 18^th, 2014 at 3:40pm:

adelcrow wrote on Feb 18th, 2014 at 3:33pm: If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet. So what would have the ALP or Greens done to save Alcoa? ;D ;D It's OK you don't have to answer, i'm sure that demented locker of a brain, full of hate and bile must not be a nice place to dwell, so i won't make you dwell in it. :)

The captain of the ship is at fault if it hits an iceberg.

How many more jobs to go under Abbott?

Bobby. wrote on Feb 18^th, 2014 at 4:18pm:

FriYAY wrote on Feb 18th, 2014 at 3:40pm: adelcrow wrote on Feb 18th, 2014 at 3:33pm: If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet. So what would have the ALP or Greens done to save Alcoa? ;D ;D It's OK you don't have to answer, i'm sure that demented locker of a brain, full of hate and bile must not be a nice place to dwell, so i won't make you dwell in it. :) The captain of the ship is at fault if it hits an iceberg. How many more jobs to go under Abbott?

Having the whole country collecting the dole while Billionaires Gina and Rupert refuse to pay tax is not going to help Abbotts budget emergency one little bit  :D

adelcrow wrote on Feb 18^th, 2014 at 4:21pm:

Bobby. wrote on Feb 18th, 2014 at 4:18pm: FriYAY wrote on Feb 18th, 2014 at 3:40pm: adelcrow wrote on Feb 18th, 2014 at 3:33pm: If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet. So what would have the ALP or Greens done to save Alcoa? ;D ;D It's OK you don't have to answer, i'm sure that demented locker of a brain, full of hate and bile must not be a nice place to dwell, so i won't make you dwell in it. :) The captain of the ship is at fault if it hits an iceberg. How many more jobs to go under Abbott? Having the whole country collecting the dole while Billionaires Gina and Rupert refuse to pay tax is not going to help Abbotts budget emergency one little bit  :D

God help us:


http://www.youtube.com/watch?v=4WQvtq6Hn6g

Bobby. wrote on Feb 18^th, 2014 at 4:18pm:

FriYAY wrote on Feb 18th, 2014 at 3:40pm: adelcrow wrote on Feb 18th, 2014 at 3:33pm: If we want to save this country the only people that need to lose their jobs are Tony Abbot and his incompetent cabinet. So what would have the ALP or Greens done to save Alcoa? ;D ;D It's OK you don't have to answer, i'm sure that demented locker of a brain, full of hate and bile must not be a nice place to dwell, so i won't make you dwell in it. :) The captain of the ship is at fault if it hits an iceberg. How many more jobs to go under Abbott?

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills
Updated 3 minutes ago


VIDEO: Alcoa Australia boss Alan Cransberg addresses the media (ABC News)
PHOTO: The closure of the smelter would result in the loss of about 500 jobs. (AAP: Julian Smith)
RELATED STORY: No decision yet on Point Henry smelter: Alcoa
MAP: Geelong 3220
Aluminium producer Alcoa has announced it will close its Point Henry smelter and two rolling mills in Australia, putting almost 1,000 people out of work.

Alcoa employs 500 workers at the Geelong smelter and about 480 at the rolling mills at Geelong and at Yennora, New South Wales.

The decision to shut the facilities was made at a meeting of the Alcoa Australia board this morning.

Alcoa Australia chairman and managing director Alan Cransberg briefed his employees and called it a sad and significant moment in the history of the company.

"Sixty per cent of employers have been with us for 10 years or more," he said.

A lot of the workers half expected this, [but] it is still a shock when it gets announced.
Alan Cransberg, Alcoa Australia chairman
"We are a large part of the Geelong community and we are proud of the contribution we have made over 50 years.

"A lot of the workers half expected this, [but] it is still a shock when it gets announced."

The smelter will be closed in August and the rolling mills will wrap up operations at the end of this year.

Alcoa says a comprehensive review of the 50-year-old smelter says it has no prospect of becoming financially viable.

The company is closing the rolling mills because of excess capacity.

"We recognise how deeply this decision impacts employees at the affected facilities and are committed to supporting them through this transition," company chief executive officer Klaus Kleinfeld said.

"Despite the hard work of the local teams, these assets are no longer competitive and are not financially sustainable today or into the future."

Alcoa's decision disappointing but predictable: Hockey

Federal Treasurer Joe Hockey says Alcoa's decision is disappointing but it was predictable because the company knew in 2012 that the plant was not financially viable.

"The Labor government gave them $40 million and they closed two years later," he said.

"The fact that they're closing two years after receiving a $40 million government grant illustrates the fact that you've got to be very careful with taxpayers' money."

Mr Hockey says no-one should be despondent about the closure.

"This is one of a number of businesses that will pass, but many other businesses will open," he said.

"If you get entirely   

read it num nuts   ;D ;D ;D ;D

It's Abbott's fault, he promised he would get the economy back on track, he said he's in charge, things are always better under a coalition government and he said we are open for business.

If he kept his mouth shut he wouldn't look like such a loser now that it's crashing around him.

He talked a big fight when he was going in with a limp wrist....bad move.

Abbotts "government of no excuses" has given us nothing but excuses.

woody2014 wrote on Feb 18^th, 2014 at 4:25pm:

Aluminium producer Alcoa confirms decision to close Point Henry smelter, rolling mills (snip) read it num nuts   ;D ;D ;D ;D

If you're going to keep plagiarising content from elsewhere, please have the courtesy to link to the source.

The good news is that with millions more people on the dole Abbott will have plenty of free work for the dole labour to build roads and provide slaves for Ginas mines  :D

I'm pretty sure you'll find that the Alcoa smelter had been living on borrowed time for years.

It's old and inefficient and having to compete with many, many, many more that aren't.

You can only upgrade something so many times before it makes more sense to get rid of it.

Abbott has been woeful as a PM. Also as a democracy advocate—Parliament only sitting for 50 days this year?

Sticking his head in the sand re AGW—sacking those CSIRO scientists, wanting all the clean air mechanisms disbanded. AGW is here and now and governments across the world are starting to deal with it—the simian wants to take us the other way, imbecilic in a country as vulnerable as we are! Imbecilic!

Letting the car industry pull up stumps—crazy!

Killing the NBN that can boost employment, exports and GDP.

The simian is a child, destroying what adults have built! But as PM the damage he is doing to lives is unforgiveable!

You people have got to stop this bogus crap....  have a party in a phone booth or something...  but leave the rest of us out of it.
2 major factors in Aluminium at the moment.....  global oversupply...  and the cost of electricity...  major factor with the latter...  THE CARBON TAX....
The industry is doing what it always does when there is oversupply...  cut supply by closing smelters.

St George of the Garden wrote on Feb 18^th, 2014 at 5:31pm:

Abbott has been woeful as a PM. Also as a democracy advocate—Parliament only sitting for 50 days this year? Sticking his head in the sand re AGW—sacking those CSIRO scientists, wanting all the clean air mechanisms disbanded. AGW is here and now and governments across the world are starting to deal with it—the simian wants to take us the other way, imbecilic in a country as vulnerable as we are! Imbecilic! Letting the car industry pull up stumps—crazy! Killing the NBN that can boost employment, exports and GDP. The simian is a child, destroying what adults have built! But as PM the damage he is doing to lives is unforgiveable!

Who voted for him?

http://www.ozpolitic.com/yabbfiles/avatars/UserAvatars/GeorgeH.jpg

Not me... but unlike most of you, I'm not going to LIE about him.

Grendel wrote on Feb 18^th, 2014 at 5:42pm:

You people have got to stop this bogus crap....  have a party in a phone booth or something...  but leave the rest of us out of it. 2 major factors in Aluminium at the moment.....  global oversupply...  and the cost of electricity...  major factor with the latter...  THE CARBON TAX.... The industry is doing what it always does when there is oversupply...  cut supply by closing smelters.

If this was the only closure announced in Abbott's term, it would be plausible. But with all the closures being announced all over the place, it is difficult to claim that Abbott's policies are not responsible for at least some of them.

He said that "Australia is open for business?" Oh, really? Can anyone name one single company that's announced the creation of 500 or more new jobs in Australia since Abbott became PM?

Bam wrote on Feb 18^th, 2014 at 7:25pm:

Grendel wrote on Feb 18th, 2014 at 5:42pm: You people have got to stop this bogus crap....  have a party in a phone booth or something...  but leave the rest of us out of it. 2 major factors in Aluminium at the moment.....  global oversupply...  and the cost of electricity...  major factor with the latter...  THE CARBON TAX.... The industry is doing what it always does when there is oversupply...  cut supply by closing smelters. If this was the only closure announced in Abbott's term, it would be plausible. But with all the closures being announced all over the place, it is difficult to claim that Abbott's policies are not responsible for at least some of them. He said that "Australia is open for business?" Oh, really? Can anyone name one single company that's announced the creation of 500 or more new jobs in Australia since Abbott became PM?

Oh puhlease....  this government have not done anything to cause a downturn in employment that wasn't already in train due to the previous government or outside global influences.

FriYAY wrote on Feb 18^th, 2014 at 9:06am:

Dnarever wrote on Feb 18th, 2014 at 8:48am: FriYAY wrote on Feb 18th, 2014 at 8:43am: Bam wrote on Feb 18th, 2014 at 8:38am: FriYAY wrote on Feb 18th, 2014 at 8:30am: Bam wrote on Feb 18th, 2014 at 8:21am: The job losses are mounting. Here comes Abbott's recession. You actually seemed reasonably intelligent, pity you've slipped into the mire with the other morons... ::) Well, well. An ad hominem attack. Why am I not surprised? That's what happens when a conservative poster cannot refute the argument. OK, you tell us what Abbott did that will close Alcoa, thanks. Closed GM Holden, Closed Toyota and tried to close SPC ??? The writing was on the wall for Alcoa. Can you show how Abbott "closed Holden". Can you show how Abbott "closed Toyota". Can you show how Abbott "tried to close SPC". Can you show how Abbott "put the writting on the wall" at Alcoa. Thanks. Do you agree with continuous corporate welfare? Most rational people understand that manufacturing has been on the way out in this country for years and no one government is to blame (especially one that has just come to power after 6 years of another government)

Here's a curious question for you: The government collects $1 billion a year in TARIFFS, that are meant to be used to help local car manufacturing.

If we were to divide the $1 billion by the amount of cars we produce, that's meant to be ~$9000 per car that we should have been subsidising the industry in 2013, and also this year.

I too don't agree in corporate welfare, but if we have a specific policy in place FOR corporate welfare, than why the hell wasn't it being used? By this government, previous governments, etc? Why was this money being redirected into general revenue, and instead we were being told by Hockey that we shouldn't be propping up "failed" industries? 

I want the $1 billion returned to all the car companies, and the savings returned to consumers. It seems only fair.

Grendel wrote on Feb 18^th, 2014 at 8:25pm:

Bam wrote on Feb 18th, 2014 at 7:25pm: Grendel wrote on Feb 18th, 2014 at 5:42pm: You people have got to stop this bogus crap....  have a party in a phone booth or something...  but leave the rest of us out of it. 2 major factors in Aluminium at the moment.....  global oversupply...  and the cost of electricity...  major factor with the latter...  THE CARBON TAX.... The industry is doing what it always does when there is oversupply...  cut supply by closing smelters. If this was the only closure announced in Abbott's term, it would be plausible. But with all the closures being announced all over the place, it is difficult to claim that Abbott's policies are not responsible for at least some of them. He said that "Australia is open for business?" Oh, really? Can anyone name one single company that's announced the creation of 500 or more new jobs in Australia since Abbott became PM? Oh puhlease....  this government have not done anything to cause a downturn in employment that wasn't already in train due to the previous government or outside global influences.

That's right. This government have not done anything. Trouble is, they should have been doing something to stop the bleeding of jobs.

Not really....  you do realise that companies have CEOs managers boards etc...  and they are responsible for company decisions not Governments.

Curious though...  just what would you have done if you were the government...  ? ::)

I thought the Greens would be ecstatic with this carbon emitting smelter

But they current Greens party are no longer about the environment but rather about tits flashing

http://www.abc.net.au/news/2014-02-18/aluminium-producer-alcoa-confirms-decision-to-close-point-henry/5266330

Tony Abbott needs to go before the whole country ends up on the dole

oops...just saw the existing thread...ignore this one unless your a neo con troll that wants sum practice  :D

The last 2 Posts were moved here from Politicians Suck by perceptions_now.

Grendel wrote on Feb 18^th, 2014 at 9:45pm:

Not really....  you do realise that companies have CEOs managers boards etc...  and they are responsible for company decisions not Governments.

Abbott explicitly promised to create one million jobs in five years. An empty promise, since projected population growth in a neutral economy would have created about 900,000 jobs anyway. If those jobs are created, he's going to claim the credit and the Coalition conga line will be joining in. To be fair, when jobs are lost instead - as is happening now - he has to wear the blame and not make excuses. You cannot have it both ways; you cannot claim the credit for the good and deflect the blame for the bad.

He would have been better off not making silly promises without a clear plan to fulfil that promise.


Quote:

Curious though...  just what would you have done if you were the government...  ? ::)

For a start, I would not have been making a promise of creating one million jobs in five years, then done nothing while jobs are lost.

What is his plan to create jobs?

Infrastructure? First thing he did on infrastructure was withdraw funding to all urban rail projects. Not a good start for someone who claims to be the "infrastructure Prime Minister".

Industry assistance? He cut that too - except for those companies that donated to the Coalition: mining industry (mining subsidies), fossil fuel industry (his silly untried "Direct Action" plan), Manildra (ethanol), Cadbury (Cadbury's parent company donated to the Coalition). Probity is not something the Coalition are good at.

Public service? He took an axe to those jobs too.

Cutting mining taxes? When the mining industry already pays very low taxes due to various subsidies? Not many jobs will be created there; the mines have already been built and will start production whether taxes are cut or not.

Cut carbon tax? That's a Coalition lie; there's no proof that this will create a single job, let alone create enough jobs to get to the one million mark in five years.

He has no plan for job creation. He talks about "better jobs" for retrenched workers in manufacturing. What are these jobs? Who knows? He won't say.