A letter to the Whyalla Business Community

To Chamber Members and our Business Community,

The events of the last week involving Arrium/OneSteel, have certainly placed a high degree of uncertainty across our community and it is appropriate for the Chamber to connect with its members and offer whatever support we can.

During this period, I along with representatives from the Executive, have been involved in initial discussions with the then appointed Administrator, Grant Thornton and from that meeting were provided with views and a commitment to receive appropriate information as they went forward.

However, the turn of events with respect to the appointment of the new Administrator, KordaMentha, means that we will hopefully be able to re-connect with them and again request a level of communication from them as this process progresses.

The Chamber Executive is very much aware that a number of Whyalla business, are directly affected in terms of their financial exposure to this situation and I would like to provide some information on what the Chamber is currently doing.

  1. We are in constant contact with other key organizations and government representatives, to express our concerns and also our thoughts and ideas that may potentially assist affected businesses and provide potential benefits for future operations.
  2. Sourcing and making available the following information on Voluntary Administration and Voluntary Administration Frequently Asked Questions & ASIC Information sheets for our members and the wider business community.
  3. From our knowledge of business activities within the community, we have been asked to provide the names of businesses that we know have a level of financial exposure to Arrium, These will be passed onto the RDAWEP, who in turn are in contact with the Small Businesses Commissioner.

This is a very concerning time for all in our community and the Chamber, as the advocate for local business, is committed to providing whatever information and support it can, so that we come through this situation in the best possible way.

In the meantime, if you have any concerns, comments or wish to contact the Chamber, then please use our contact link to make this happen.

If we all work together, we will have a better chance of seeing this situation through to an outcome that will be of benefit to all.
Best Regards

Ron Hay

President, Whyalla Chamber of Commerce & Industry

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