1 00:00:00,400 --> 00:00:02,880 Speaker 1: It is four minutes to ten o'clock. Some breaking news, 2 00:00:02,960 --> 00:00:07,360 Speaker 1: News Corpus sold Foxtel to a company called Dazzen das 3 00:00:07,440 --> 00:00:10,600 Speaker 1: z N. Never heard of them. Dazn three point four 4 00:00:10,800 --> 00:00:15,960 Speaker 1: billion dollars is the little ticker on Sky News this morning. 5 00:00:16,280 --> 00:00:21,000 Speaker 1: Foxtel's sold by News Corp three point four billion. Let's 6 00:00:21,040 --> 00:00:24,079 Speaker 1: talk more about Wayala And this all stems from a 7 00:00:24,120 --> 00:00:26,520 Speaker 1: report on seven News last night Mike Smithson with the 8 00:00:26,600 --> 00:00:28,560 Speaker 1: expers a. He joins me, Now, Mike. 9 00:00:28,440 --> 00:00:30,800 Speaker 2: Good morning, Yeah, it's good morning, Matt. 10 00:00:30,840 --> 00:00:32,880 Speaker 1: Here future looks grim, you'd have to say. 11 00:00:33,479 --> 00:00:36,280 Speaker 2: Well, I think it's been looking grim for at least 12 00:00:36,320 --> 00:00:39,960 Speaker 2: six months, probably much longer than that. I remember doing 13 00:00:40,000 --> 00:00:44,480 Speaker 2: stories that when all that dissimilar in twenty nineteen, when 14 00:00:44,640 --> 00:00:47,800 Speaker 2: sange Koka wasn't paying his bills, then it would appear 15 00:00:47,840 --> 00:00:51,280 Speaker 2: that GfG still isn't. But I think that the it 16 00:00:51,360 --> 00:00:53,720 Speaker 2: feels like the walls are closing in on Wyala and 17 00:00:53,760 --> 00:00:56,000 Speaker 2: people up there are very sensitive about it, which are 18 00:00:56,160 --> 00:00:59,960 Speaker 2: entitled to be. But when you see the Olias lost 19 00:01:00,080 --> 00:01:03,040 Speaker 2: forty workers because it's just not the work for them 20 00:01:03,080 --> 00:01:06,319 Speaker 2: to do, and it's a similar pattern out at the 21 00:01:06,400 --> 00:01:09,600 Speaker 2: mines in the middle back ranges, and as Frank said, 22 00:01:09,880 --> 00:01:12,600 Speaker 2: Pangalo said a few minutes ago, it is a basketcase. 23 00:01:13,120 --> 00:01:15,000 Speaker 2: I don't see any way out. I spoke to the 24 00:01:15,040 --> 00:01:18,720 Speaker 2: Minister over the weekend. I've conclude Sintonus and I said 25 00:01:18,840 --> 00:01:20,679 Speaker 2: I don't see light at the end of the tunnel. 26 00:01:20,720 --> 00:01:23,959 Speaker 2: He didn't really want to buy into that, but I 27 00:01:24,000 --> 00:01:26,840 Speaker 2: think he's starting to think the same way. He's doing 28 00:01:26,840 --> 00:01:30,360 Speaker 2: a press conference in about two minutes time, so whether 29 00:01:30,440 --> 00:01:34,240 Speaker 2: he is going to have any more to say. But 30 00:01:34,560 --> 00:01:38,000 Speaker 2: I'm going down the same path as Frank Panglo is 31 00:01:38,080 --> 00:01:42,720 Speaker 2: that it would seem that administration, someone's got to step in, 32 00:01:42,800 --> 00:01:46,039 Speaker 2: the government has to do something. It can't just keep 33 00:01:46,080 --> 00:01:49,400 Speaker 2: doing nothing and hoping for the best, as much as 34 00:01:49,440 --> 00:01:53,440 Speaker 2: it would like to do that. So yes, grim time's ahead, 35 00:01:53,680 --> 00:01:55,120 Speaker 2: certainly with Christmas approaching. 36 00:01:55,280 --> 00:01:56,840 Speaker 1: No light at the end of the tunnel because the 37 00:01:56,840 --> 00:01:59,640 Speaker 1: blast furnas hasn't been on for what three months now more? 38 00:02:00,480 --> 00:02:05,600 Speaker 2: Yeah, I think it's September. But Matthew, the main problem 39 00:02:05,760 --> 00:02:09,600 Speaker 2: is that they've lost their critical massive works and infrastructure 40 00:02:09,680 --> 00:02:13,320 Speaker 2: support staff. Where you've got waste management. The ELIA doesn't 41 00:02:13,360 --> 00:02:16,400 Speaker 2: want anything to do with them anymore. It's millions of dollars. 42 00:02:17,280 --> 00:02:21,040 Speaker 2: Even if they got the blast furness working today, you 43 00:02:21,160 --> 00:02:23,600 Speaker 2: need all this support stuff. And they're all not only 44 00:02:23,680 --> 00:02:26,520 Speaker 2: leaving the job, they're leaving town. Yeah. 45 00:02:26,840 --> 00:02:31,040 Speaker 1: Yeah, there's still so many jobs involved here and a 46 00:02:31,080 --> 00:02:33,200 Speaker 1: lot of people working there turning up not doing much 47 00:02:33,240 --> 00:02:36,440 Speaker 1: getting paid somehow. Where's that money coming from? 48 00:02:36,840 --> 00:02:42,520 Speaker 2: Well, presumably GfG has money from some source. But you 49 00:02:42,639 --> 00:02:46,960 Speaker 2: can't create a workforce overnight when you've already lost it, 50 00:02:47,040 --> 00:02:50,600 Speaker 2: you've lost all those skills. It just doesn't It doesn't 51 00:02:50,639 --> 00:02:54,240 Speaker 2: work that way, and it's they're living in a fool's 52 00:02:54,280 --> 00:02:56,639 Speaker 2: paradise if they think this can be resolved just by 53 00:02:57,440 --> 00:03:00,160 Speaker 2: going back to work switching the blast furnace on at 54 00:03:00,160 --> 00:03:02,880 Speaker 2: a moment's notice. And why it isn't switched on is 55 00:03:02,919 --> 00:03:05,840 Speaker 2: another question. Is it fixable? I don't know. 56 00:03:06,320 --> 00:03:09,560 Speaker 1: Yeah, all right, you'll be following this closely as it unfold. 57 00:03:09,600 --> 00:03:10,400 Speaker 1: Smith though, I know that. 58 00:03:10,560 --> 00:03:13,480 Speaker 2: Thank you for your time, pleasure, Matthew, thank you. 59 00:03:13,560 --> 00:03:16,720 Speaker 1: Mike Smithson from seven News had the expos last night. 60 00:03:16,840 --> 00:03:22,440 Speaker 1: The future of the smelter at wayla Is still works 61 00:03:22,520 --> 00:03:25,600 Speaker 1: is not going not looking great into the future. Rex 62 00:03:25,639 --> 00:03:29,480 Speaker 1: Patrick has called in. He's had a look at all 63 00:03:29,520 --> 00:03:31,520 Speaker 1: of this as well, and has for quite some time. Rex, 64 00:03:31,560 --> 00:03:34,040 Speaker 1: Good morning, Good morning, Matthew. 65 00:03:34,120 --> 00:03:36,440 Speaker 3: Yes, I was up in I was up in Waler 66 00:03:36,480 --> 00:03:39,840 Speaker 3: with Jackie Lamby a month or so ago, and look 67 00:03:39,880 --> 00:03:43,560 Speaker 3: at a sixty year old shipyard. Things are not going well. 68 00:03:43,680 --> 00:03:46,640 Speaker 3: The blast furnace has been offline for a considerable period 69 00:03:46,680 --> 00:03:50,760 Speaker 3: of time now. Tom Kotson Tonis three weeks ago said 70 00:03:50,960 --> 00:03:53,600 Speaker 3: that the blast furnace was going to get up and 71 00:03:53,680 --> 00:03:58,800 Speaker 3: running over the next week or so. Absolutely incorrect call. 72 00:03:58,960 --> 00:04:03,480 Speaker 3: The government strategy here is hope, and that's not good enough. 73 00:04:03,520 --> 00:04:06,880 Speaker 3: We need to have the federal government step in along 74 00:04:06,880 --> 00:04:11,280 Speaker 3: with the state government, put the steel works into administration 75 00:04:12,320 --> 00:04:17,800 Speaker 3: and then invest. Otherwise, Wiler is simply going to live 76 00:04:17,960 --> 00:04:21,800 Speaker 3: in purgatory and we'll end up with a situation where 77 00:04:21,839 --> 00:04:26,080 Speaker 3: the world will just simply march ahead and Wiler, the 78 00:04:26,120 --> 00:04:30,560 Speaker 3: whole township, will end up in a great deal of trouble. 79 00:04:30,640 --> 00:04:32,520 Speaker 1: Indeed, Rex, have to leave it there. Thank you for 80 00:04:32,760 --> 00:04:38,720 Speaker 1: your comments. Rex Patrick, who is a Senate candidate for 81 00:04:38,800 --> 00:04:41,320 Speaker 1: the Jackie Lambee Party, but has done a lot of 82 00:04:41,320 --> 00:04:44,800 Speaker 1: work over the years looking at Wyler and needs moving forward.