Aug 13, 2026 – 1.54pmThe $2.5 billion joint federal and NSW government bailout of the Tomago aluminium smelter assures the future of the huge plant for 10 years, but there is no guarantee it will not require extra taxpayer funds.While the NSW government contribution to the deal announced by Prime Minister Anthony Albanese on Thursday is capped at $1.225 billion over 10 years, no similar limit has been declared on the federal funds.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Tomago smelter may need more taxpayer funds despite $2.5b bailout
The rescue package will save about 6000 jobs that depend on the aluminium smelter, but critics fear it may end up costing taxpayers even more.
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