The South Australian Political Landscape

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Re: The South Australian Political Landscape

Postby mighty_tiger_79 » Tue Jan 14, 2025 6:09 pm

Brodlach wrote:Southwark, new suburb name for the land development on the West End site. Was originally called that in 1881.

1300 new homes to be built there.

I actually like the old suburb names
I remember seeing a list.
Morphett Vale was once Emu Park or similar :lol:
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Re: The South Australian Political Landscape

Postby DOC » Tue Jan 14, 2025 8:45 pm

mighty_tiger_79 wrote:
Brodlach wrote:Southwark, new suburb name for the land development on the West End site. Was originally called that in 1881.

1300 new homes to be built there.

I actually like the old suburb names
I remember seeing a list.
Morphett Vale was once Emu Park or similar :lol:


Emu Downs
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Re: The South Australian Political Landscape

Postby dedja » Tue Jan 14, 2025 9:05 pm

Dunno, I’m just an idiot.

I’m only the administrator of the estate of dedja
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Fri Jan 17, 2025 5:46 am

Gupta’s unpaid bills mount up despite Whyalla steel restart
Five suppliers to Sanjeev Gupta’s Whyalla steelworks and nearby mines have lodged fresh notices of defaults for a combined $650,000.


Simon Evans - AFR
Jan 16, 2025

Five industrial companies supplying products including abrasives, hoses and metal screens to Sanjeev Gupta’s Whyalla steelworks operations have lodged fresh notices of unpaid bills totalling a combined $650,000.
According to CreditorWatch, which monitors credit scores and defaults, Mr Gupta’s Australian subsidiary One Steel Manufacturing has been hit with new notices this month from tailings and waste management group ATC Williams for $58,000, and metal screens supplier Advanced Engineering Group for $43,000.
Abrasives supplier Cumi Australia has lodged default notices totalling $100,000 over the past three months, while Pacific Hoseflex and National Pump & Energy have also lodged notices. The sums owned across the five companies total more than $650,000.

Sanjeev Gupta’s Whyalla steelworks. The ageing plant’s blast furnace was back in operation on January 6 but some mid-tier suppliers are still waiting to be paid. Ben Searcy
But there is some positive news, with the blast furnace at the Whyalla steelworks coming back online on January 6, meaning the company is making steel again after four months of being idle when impurities were discovered in the plant. It was the second lengthy disruption in 12 months, after a crack in the blast furnace resulted in an almost four-month stoppage before steel-making resumed briefly in early July.
Mining contractor Golding, which is owned by ASX-listed group NRW Holdings, is shedding about 250 workers from the Whyalla region at the end of this month as a contract with GFG winds down. Golding had about 600 workers at three iron ore mines in the Middleback Ranges when a $600 million, three-year contract was announced in early 2022, running until this month. GFG said on Thursday it was part of the transition to magnetite ore mining.

The unpaid invoices to mid-tier suppliers show the financial pressure on Mr Gupta’s global operations is not letting up. His GFG Alliance is under siege on separate fronts in Europe, the UK and Australia.
Whyalla mayor Phill Stone said on Thursday that while the Golding job losses were a negative for the town, they needed to be put into context. “It is something that has been in train for about 12 months,” Mr Stone said.
He said about 30 per cent of those Golding workers were based in Whyalla, with the remainder either fly-in, fly-out, or driving to the Whyalla region from nearby towns. Rail freight operator Aurizon has resumed rail haulage services for Mr Gupta in the Whyalla region after suspending them in October for non-payment of bills.
Whyalla region MP Eddie Hughes said on Thursday the cumulative effects of a string of job losses at the steelworks and nearby mines was troubling. He estimated it had reached 500-plus workers in the past year.
GFG announced in October it had set up a new “Back to Black” taskforce to get the plant back up and running and back into profit. It was losing an estimated $1 million a day when it was offline.
Mr Gupta was viewed as a saviour when he acquired the Whyalla steelworks and the associated iron ore mines in 2017 after former parent Arrium collapsed. But promises about a $500 million electric arc furnace have gone unfulfilled.

Bundles of steel tubes at a trading market in the outskirts of Shanghai. A glut of Chinese steel has meant more exports.

Westview plans $750m steel mill for Brisbane as Gupta woes worsen
Sanjeev Gupta is the British industrialist behind GFG Alliance, which owns a string of steelmaking assets.

Manufacturing

Administrators called in to probe Gupta’s troubled European empire
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Fri Jan 17, 2025 6:07 am

Jimmy_041 wrote:My mail is, financially, it's a dead duck
With State & Commonwealth elections looming, there is no way the goverments will let it fall over (for now maybe.......)

Gupta is no dummy - he will play that out to his own advantage

Amusing that both Albo and he buy new digs at the worst possible time


Come in spinner
https://www.adelaidenow.com.au/news/sou ... 06603fa066
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Re: The South Australian Political Landscape

Postby am Bays » Fri Jan 17, 2025 10:24 am

Jimmy_041 wrote:
Jimmy_041 wrote:My mail is, financially, it's a dead duck
With State & Commonwealth elections looming, there is no way the goverments will let it fall over (for now maybe.......)

Gupta is no dummy - he will play that out to his own advantage

Amusing that both Albo and he buy new digs at the worst possible time


Come in spinner
https://www.adelaidenow.com.au/news/sou ... 06603fa066


Maybe Port Adelaide should be donating all their sponsorship funds from GFG to the Whyalla steal works contractors
Let that be a lesson to you Port, no one beats the Bays five times in a row in a GF and gets away with it!!!
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Fri Jan 17, 2025 11:13 am

Rex Patrick weighing in on GFG

https://www.abc.net.au/news/2025-01-15/sanjeev-gupta-whyalla-steelworks-ownership-sa-government/104815918

I have no opinion about Patrick but there needs to be some independant critical thinking about what's going on.

With two elections looming, we (the taxpayer) should not be paying out big money so some self interested politicians get re-elected.
The periodic pork-barrelling is bad enough by both sides but this will be in a different league.

If they (State Govt) are going to do anything about it, with any major financial implication, they need to make it bi-partisan.
Malinauskas is probably the only politician that could pull that off - but only if he keeps Turbo out of the room & shuts him up.
Chances? 20/80
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Re: The South Australian Political Landscape

Postby dedja » Fri Jan 17, 2025 11:26 am

Looking at the current state of play in Whyalla, one can reflect on the years of government payments, subsidies and tariffs for the now ceased Australian car manufacturing industry.

Billions were spent over a number of decades … in hindsight, was this money well spent, popularist fool hardiness or just prudent for Australia’s interests?

What level of government intervention (if any) is appropriate? Is this intervention in the best interests of the workers and industry, or perhaps just political expediency, popularism or even lazy politics?

Do industry businesses play governments for their own exclusive benefit, or are they genuinely trying to keep their businesses afloat for the right reasons?

The answer is probably a bit of all of the above.

I don’t envy anyone involved or affected by the events in Whyalla … what is evident is that a lot of money will be spent on solutions which most likely will just delay the inevitable.

Sadly, there are unlikely to be many winners.
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Fri Jan 17, 2025 12:49 pm

Interesting how China is allowed to dump excess product, with impunity, all over the world

Yet, when we pi$$ them off, they can stick their middle finger up at the WTO and close down our exports to them.

Trump is about the only one to take them on

Note that when China shut down our wine etc, the US quite happily picked up the slack
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Re: The South Australian Political Landscape

Postby shoe boy » Mon Jan 20, 2025 11:01 am

[quote="Jimmy_041"]Interesting how China is allowed to dump excess product, with impunity, all over the world

Please explain.
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Re: The South Australian Political Landscape

Postby dedja » Tue Jan 21, 2025 4:47 pm

https://www.adelaidenow.com.au/news/sou ... 9692aa7d3a

SA Liberal leader Vincent Tarzia unveils new-look shadow cabinet

Liberal MPs David Basham and Adrian Pederick have been elevated into the shadow cabinet as part of Opposition Leader Vincent Tarzia’s first reshuffle, while several existing shadow ministers have been handed new responsibilities.

Mr Tarzia announced his new shadow cabinet line-up on Tuesday, triggered by the retirement announcement of John Gardner and Jing Lee’s resignation from the Liberals.

Mr Gardner’s former portfolio of education has been taken over by Heidi Girolamo, and Matt Cowdrey has become shadow minister for training and skills as well as workforce and population growth.

Mr Gardner had also been shadow minister for arts and festivals, which has been picked up by Jack Batty.

Ms Lee’s tourism portfolio has been handed to Penny Pratt, while multicultural affairs is now the responsibility of deputy leader Josh Teague.

All those shadow ministers are adding their new portfolios to existing responsibilities.

Mr Basham, who had not previously been part of the shadow cabinet, will become shadow minister for environment and water infrastructure.

Mr Pederick, who had previously been an assistant shadow minister, will drop the “assistant” title and become shadow minister for veterans and marine infrastructure.

He will also take charge of the regional roads portfolio, which had been the responsibility of shadow minister for infrastructure and transport Ben Hood.

Will the Liberal Party form government at the next state election?


Mr Hood will add to his responsibilities Mr Teague’s former portfolio of industrial relations and public sector, as well as Mr Tarzia’s former portfolio of hospitality.

Tim Whetstone has been given the portfolio of social services, and Laura Henderson will receive a promotion as shadow assistant minister to the leader and shadow assistant minister for multicultural affairs.

Mr Tarzia said the new team reflects his commitment to renewed leadership and fresh perspectives, and is focused on addressing the key issues facing South Australians.

“This reshuffle represents a vital step in preparing for the challenges ahead,” he said.

“By bringing together diverse skills, fresh ideas, and seasoned expertise, we are reinforcing our commitment to holding the government to account and continuing to present a compelling alternative for the future.

“I am confident that this team is best equipped to challenge the government and demonstrate that the Liberal Party is ready to lead.”

The new shadow cabinet will hit the ground running with a trip to Mount Gambier this week, before state parliament resumes in February.

Ms Pratt said she was proud to be entrusted with the tourism portfolio.

“Major events hosted in the city will always be important but, in every corner of our state, our regional centres have something unique to offer domestic and overseas travellers,” she said.
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Tue Jan 21, 2025 5:52 pm

I've met Laura Henderson

She's pretty good - not thick like some of them
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Re: The South Australian Political Landscape

Postby mighty_tiger_79 » Tue Jan 21, 2025 6:59 pm

Not many left to reshuffle
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Re: The South Australian Political Landscape

Postby tigerpie » Mon Jan 27, 2025 12:03 am

The subsidies GMH got was money well spent, staved off a lot of collateral health issues which would've smashed the northern mental health services.
Now thank god Mr Morrison isn't still in power or Whyalla would be a ghost town already.
If an important business like steelmaking or vehicle making need a little kick along for a bit I have no problem with that as long as the business model stacks up.
I'm sure the boffins do the numbers re welfare payments, health bills etc vs a 20 mill injection of finance to keep the business alive. Maybe that makes the tax payer a temporary shareholder. I'm all for that.
Mass lay offs puts a massive drain on social welfare and the health system along with massive community disenchantment, lack of opportunity for kids
But it's the skills we lose that really worries me.
Gfg are going to increase the workforce as, lots of experienced tradies my age are retired and training new staff is problematic because nobody wants to take a 40-50 K paycut to go into the training field.
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Re: The South Australian Political Landscape

Postby Booney » Wed Feb 05, 2025 3:20 pm

BREAKING : SA Premier @PMalinauskasMP reveals for FIRST time that GFG Alliance and Sanjeev Gupta owe 10s of millions of dollars in state royalties
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Re: The South Australian Political Landscape

Postby MW » Wed Feb 05, 2025 4:24 pm

Booney wrote:BREAKING : SA Premier @PMalinauskasMP reveals for FIRST time that GFG Alliance and Sanjeev Gupta owe 10s of millions of dollars in state royalties


I dont think your mob are paid for the sponsorship either...
Also I hear many suppliers are giving them contract terms of cash before delivery...a lot of ships docked waiting.
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Re: The South Australian Political Landscape

Postby mighty_tiger_79 » Wed Feb 05, 2025 4:28 pm

Let's see how Mali handles it
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Wed Feb 05, 2025 10:54 pm

mighty_tiger_79 wrote:Let's see how Mali saves Kouta's arse


EFA
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Re: The South Australian Political Landscape

Postby Booney » Thu Feb 06, 2025 8:12 am

MW wrote:
Booney wrote:BREAKING : SA Premier @PMalinauskasMP reveals for FIRST time that GFG Alliance and Sanjeev Gupta owe 10s of millions of dollars in state royalties


I dont think your mob are paid for the sponsorship either...
Also I hear many suppliers are giving them contract terms of cash before delivery...a lot of ships docked waiting.


As of late last year we were, I'll enquire again.
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Re: The South Australian Political Landscape

Postby Jimmy_041 » Thu Feb 06, 2025 11:42 am

As of yesterday, Gupta is playing hardball with the State Govt

Pretty effing stupid to go public with the "too big for us to let it fail" line
Some very high up government financial people are fuming with his lordship
Showed a complete lack of real life experience

There's a lot to be said for the US system where they bring in RL people to be Ministers
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