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Statement by AWU re GFG Alliance

Australian Workers Union
Statement by AWU National Secretary Daniel Walton regarding GFG Alliance
“Our understanding is the deals concerning the Whyalla steelworks and Tahmoor coal operations are continuing to move forward, which comes as little surprise because the fundamentals of these operations are strong.
“I know from talking to our counterparts overseas that the Australian operations are, thankfully for us, in a very different position to operations elsewhere.
“Obviously, the uncertainty of this situation is stressful for our members and their communities, but I think all can take heart from the strong underlying performance and positive prospects of both businesses. ....

South Australia , New South Wales , Daniel Walton , Secretary Daniel Walton , தெற்கு ஆஸ்திரேலியா , புதியது தெற்கு வேல்ஸ் , டேனியல் வால்டன் , செயலாளர் டேனியல் வால்டன் ,

Lex Greensill rose from Queensland cane farmer to billionaire

The Australian founder of a company which has collapsed in a global financial disaster seemed destined to spend his working life as a sugar cane farmer in Queensland.
Now the billionaire might have to head back to the land after his $6billion business went bust, destroying dreams, ruining reputations and threatening tens of thousands of jobs.
Lex Greensill once strode the world stage and counted among his senior advisers former foreign minister Julie Bishop and onetime British prime minister David Cameron.
The 44-year-old was invested as a Commander of the Order of the British Empire by Prince Charles in 2017 for services to business. ....

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White Oak withdraws white flag at Sanjeev Gupta's GFG

White Oak withdraws white flag at Sanjeev Guptaâs GFG
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United States financier White Oak is pushing ahead with due diligence on a refinancing deal for the Whyalla steelworks and Tahmoor coal operations owned by Sanjeev Guptaâs GFG Alliance despite fears it may have ditched the transaction after British authorities began a fraud investigation into GFG.
South Australian Treasurer Rob Lucas said on Sunday that White Oak had made it âpretty clearâ it had not pulled out of the deal and would continue with due diligence despite confusion late on Friday night when conflicting statements from White Oak emerged. ....

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Why Cloud Backup Is Ideal for Startups

Why Cloud Backup Is Ideal for Startups
Staff Writer | May 16, 2021 07:21 AM EDT
Why Cloud Backup Is Ideal for Startups (Photo : Pixabay)
Starting a new business can be an exciting and rewarding thing to do, but there are lots of challenges and issues that you need to keep in mind. As a new business, you will have to deal with issues such as limited budgets and resources, staffing and business premises, and getting the right equipment, tools, and services into place to aid the smooth running of the business. When it comes to the latter, it is important to put plenty of thought into finding and implementing the right services for your business. ....

Why Cloud Backup Is Ideal , Cloud Backup Is Ideal ,

Crikey Worm: Fight or flight

Scott Morrison has rejected suggestions that Australians were “unfairly blocked” from their repatriation flight from India, and early-morning Israeli air raids in Gaza have killed at least 42 Palestinians. ....

Israel General , Ar Riya , Saudi Arabia , United States , New South Wales , Al Iskandariyah , United Kingdom , West Bank , Western Australia , South Australia , Gaza Strip , Brett Suttontold , Antonio Guterres , Tim Pallas , Dan Andrew , Sanjeev Gupta , Josh Frydenberg , Peter Greste , Peter Costello , Scott Morrison , Benjamin Netanyahu , Dominic Perrottet , Al Jazeerareports , Natalie Hutchins , Nick Coatsworth , Rashida Tlaib ,