This budget however does none of that. In fact with further cuts to the automotive industry (well what's currently left of it) could even drive the auto companies out of Australia prematurely to their planned departure. Honestly, this gov doesn't have a clue.
The AMWU fears that the axing of 10 major industry programs could bring forward auto job losses, reduce Australian content on major projects and strangle new technology firms and companies struggling to diversify into new markets.
The cutting of $846 million in these varied industry programs over five years cannot be replaced by a single Entrepreneurs Infrastructure Program with just over half that funding.
When combined with cutbacks to CSIRO research funds, abandoning the renewable energy industry and nastily stripping apprentices of their tool allowances it adds up to a government with no care for jobs and workers.
“Health and education are clearly the headline issues, but cuts across the board to industry, innovation and job creation will be silent killers for small and medium manufacturers,” said AMWU National President Andrew Dettmer.
“Australian industry – especially manufacturing – is already struggling through a lack of Government investment and new free-trade deals with Japan and Korea.
“The car industry’s announced closure will soon see tens of thousands out of work.
“But this budget provides no relief, with further cuts to industry, cuts to research and innovation and no future plan for job creation.”
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Premature job shedding in the auto industry is a risk as the Abbott Governments cuts $837.7 million to the auto industry, including ending the Automotive Transformation Scheme from 2018 and ditching the Supporting Automotive Sector jobs scheme. more
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