Jobs, jobs, jobs; $2.4b to save Whyalla steelworks; iPhone launches new cheap model

Friday 21 February 2025

There are plenty of jobs for everyone, it seems, which is good news for workers but it probably pushes out the next interest rate cut. 

• Canberra and South Australia to pony up $2.4 billion to save the Whyalla steelworks. 
• And Apple set to release a brand new “cheap” iPhone. 
• Plus profit results from Telstra, Wesfarmers, Rio Tinto and Fortescue Metals, and Donald Trump finally earns the ire of local politicians.

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