The pain of BlueScope continues

One year after BlueScope stunned the Illawarra with its cut-backs, the human and financial wounds are still smarting.
Nanjing Night Net

As illustrated by our stories today, for the workers who lost their jobs, life after BlueScope has been a mixed bag of pain and success.

Some have retired rather happily.

Others have found work but, sadly, many have not.

The company, too, continues to struggle, this week posting its second successive $1 billion loss.

Meanwhile, the future – and, indeed, even the present – remains unclear.

Resources Minister Martin Ferguson says the boom is over.

Others disagree, including some of Mr Ferguson’s own colleagues, Reserve Bank governor Glenn Stevens and many independent economists.

When politicians and economists cannot even agree on what is happening now, it is difficult to hold any optimism about the future.

Whatever the truth of it, we can be sure that one day the boom will end, and if manufacturing is to have a future, it must start to look at other opportunities beyond providing goods for resources developments.

In the meantime, we can only hope that those who still suffer the pain of BlueScope’s troubles will soon find relief in new work.

This story Administrator ready to work first appeared on Nanjing Night Net.