Coalition Senators' Additional Comments

1.1        Please note, the current government committee members were not on the committee at the time when the inquiry's hearings were held.  This was due to the inquiry being initiated in the last parliament and the subsequent proroguing of parliament and inquiry lapse.

1.2        With that in mind, Government members note the committee report and recommendations, and would make the following additional comments.

Paragraph 2.58

Current paragraph

2.58     The committee notes the funding commitments that have already been made by the Australian Government and the South Australian Government. As a first step, this funding will need to be made available to assist with the sale process.

Coalition Senators' Additional Comment

1.3        The committee notes the funding commitments that have already been made by the Australian Government and the South Australian Government. It is important this funding be used to assist in attracting investment for the long term sustainable operation of the Whyalla steelworks.

Recommendation 1

Current recommendation

2.63    The committee notes commitments made by the Australian and South Australian Governments to secure the sale of Arrium and recommends that this funding be deployed as a matter of urgency to assist with the sale process, in accordance with advice from the company administrators.

Coalition Senators' Additional Comment

1.4        The committee notes commitments made by the Australian and South Australian Governments to secure the long term operation of the Whyalla steelworks and recommends that this funding be used to assist in attracting investments for the long-term sustainable operations of the Whyalla steelworks.

Recommendation 2

Current recommendation

2.64 The committee notes that further government support may be required to secure the sale of Arrium, depending on the nature of the final offers, and recommends that governments work with bidders and the administrators to ensure that additional support is provided, as appropriate, to secure the sale of the company and the future of the Whyalla steelworks.

Coalition Senators' Additional Comment

1.5        The committee notes that further government support may be required to secure the long term operators of the Whyalla steelworks, depending on the nature of the final offers, and recommends that governments work with the successful bidders of the Whyalla steelworks to ensure that additional support is provided, as appropriate, to secure the future of the Whyalla steelworks.

Senator Jane Hume                                                            Senator Ian Macdonald
Deputy Chair

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