Australia's manufacturing sovereignty at risk

Australia has lost key economic advantages as manufacturing shifts offshore and the steel industry faces pressure from cheap imported products. Despite exporting 900 million tonnes of iron ore annually—more than half the world's supply—Australia still imports 30 per cent of its steel. Experts warn that dependence on overseas supply chains and American artificial intelligence systems leaves Australia vulnerable to major disruptions from foreign decisions.See omnystudio.com/listener for privacy information.