Labor looks to take stake in Whyalla steel, with industry’s backing

The federal government is considering an ownership stake in the teetering Whyalla steelmaker as part of a $2.4 billion taxpayer-funded bailout. The federal government is considering an ownership stake in the teetering Whyalla steelmaker as part of a $2.4 billion taxpayer-funded bailout. Steel, Government and Politics, Federal Government, Manufacturing Latest business news