Tomago's Slow Death Exposes Folly of 'Made in Australia' Dream
The potential demise of Tomago has sparked a discussion about the viability of the 'Made in Australia' dream.
Despite the efforts of billionaire Andrew Forrest and Harvey Norman CEO Katie Page to promote domestic manufacturing, the reality of commercial decisions may prevail.
It's been a busy week for protectionism.
- Andrew Forrest, who ships iron ore to China, and
- Harvey Norman CEO Katie Page, whose retail chain sells imported electronic goods, have backed a News Corp campaign to rebuild domestic manufacturing.
A commercially sound decision by Rio regarding Tomago's future could provide a welcome pushback against the corporate bailout culture.
Author's summary: Tomago's decline challenges the 'Made in Australia' dream.
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