Unions have urged the Government to do more to dampen the impact of the strong Australian dollar, claiming that hundreds of manufacturing jobs are at risk.
With Alcoa reviewing its Port Henry smelter, putting a cloud of 600 jobs there, AWU federal secretary Paul Howes said: “I think the problem is the mining boom has created this paper boom, where on paper all the fundamentals in our economy look strong.”
“But the side effect, the by-product of that boom being this record high dollar, is creating havoc in a sector which employs up to five times as many people as the resources sector does.
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