Whyalla steelworks court case still set to begin despite refinancing deal

A court case that aims to wind up operations at the Whyalla Steelworks is still set down to begin this morning, despite an eleventh hour announcement by Sanjeev Gupta’s GFG Alliance yesterday that a refinancing deal for its Australian operations had been agreed.

Youth job prospects on downward trend since GFC

Young Australians have been struggling to find employment in their desired occupation since the 2008-2009 global financial crisis and any improvement is unlikely for some time yet given the economic impact of the coronavirus.

Economy records worst performance since the GFC

The economy shrank in the September quarter to post its worst performance since the 2008-2009 global financial crisis.