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The $1.5 billion manufacturing plan to be announced by the federal government will seek to instil resilience and scale to Australian production, ensuring the sector remains competitive on the international stage says Industry Minister Karen Andrews. A major pre-budget speech will outline a major manufacturing initiative with government co-investment in six areas where Australia has a competitive advantage.
karenandrewsmp
karenandrewsmp FreeTradeAgreements
karenandrewsmp Sure ScottyTheAnnouncer
karenandrewsmp How good is “Sovereign Capacity”? ScottyTheBabbler NPC
karenandrewsmp
karenandrewsmp Good policy.
karenandrewsmp Anybody with any experience and brains would have known that letting the car industry go was going to make things tricky. Seems like Neoliberals behaving like Neolithic men are not good for the economy.
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Morrison to announce $1.5bn pandemic recovery investment in manufacturing sector | Sky News AustraliaPrime Minister Scott Morrison is preparing to spend $1.5 billion to revitalise Australia's manufacturing sector and boost large-scale production during the pandemic recovery.\n\nA major pre-budget speech will include a 1.3 billion modern manufacturing initiative with government co-investment in six areas where Australia has a competitive advantage.\n\nManufacturers in resource technology, food and beverage, medical products, recycling and clean energy, defence and space fields stand to benefit under the new framework.\n\nMr Morrison will also today tell the National Press Club this year's budget will be different in scale to 'any we have seen for generations'.\n\n“We make things in Australia. We do it well. We need to keep making things in Australia. And under our plan we will,” the PM is expected to say.\n\n“Manufacturing employs around 860,000 Australians, and prior to the pandemic it generated more than $100 billion in value for our economy each year and over $50 billion in exports.'\n\n ScottMorrisonMP He sold 36 boats scottytheliar ScottMorrisonMP Another announcement and no follow up 🤦🏼♂️ auspol Australia COVID19Vic COVID19Aus ScottMorrisonMP Large scale production of what?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Government's digital business plan will make the economy 'more productive' | Sky News AustraliaEnergy Minister Angus Taylor says the federal government’s proposed digital business reforms are concerned with empowering customers and businesses through the use of digital technologies and will make the economy 'more productive'. \n\nThe federal government is seeking to incentivise businesses to adopt and transition to digital technologies through its $800 million Digital Business Plan in a move designed to allow more businesses to operate through the pandemic and boost Australia's GDP up to $6.5 billion over four years. \n\nGlobal consultancy firm McKinsey estimated the adoption of technology in Australia had advanced up to five years in eight weeks as a result of the coronavirus pandemic. \n\n“It’s really crucial that we see the efficiency and gains that we can get from digital,” Mr Taylor told Sky News host Chris Kenny. \n\nMr Taylor said “(the Digital Business plan) will make it much easier for you to control your own data and move between supply, so if you want to switch electricity suppliers, you can do it very quickly and easily, you can compare plans quickly and easily.\n\n“These reforms are all about empowering customers, empowering businesses, by using digital technologies.\n\n“Switching electricity providers is one example, switching banks would be another one.\n\n“These are the sorts of initiatives which we think will make the economy more productive, better for consumers, and of course in my space, being able to switch between energy providers is hugely important.”\n AngusTaylorMP AngusTaylorMP can’t even operate a calculator. AngusTaylorMP How, are we all going to sit in front of a computer? What about food, who is producing food? Who is producing power for our homes, maybe he thinks the new world order agenda will provide all of that. AngusTaylorMP
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Albanese calling for funding increases to help Australia out of the 'Morrison recession' | Sky News AustraliaAnthony Albanese will today use a speech at the McKell Institute to call for major funding increases across infrastructure, skills, social housing, manufacturing and renewable energy to help bring Australia out of 'the Morrison recession'.\n\nThe address will lay the foundations for the Labor leader's budget reply next Thursday which is expected to contain specific policy promises.\n\nThe Opposition Leader will criticise the Morrison government's handling of the post-pandemic recovery pointing out 'nearly a million Australians are unemployed' and '400,000 more will join them by Christmas'.\n\n AlboMP McKellInstitute Let’s build a couple of nuke power stations! Along with fuel rod and enrichment facilities! Thousands of jobs for the short, medium and long term, supply of synchronous baseload to the grid, and we can export fuel,to other nations! AlboMP McKellInstitute What a pathetic angle... Blaming Morrison for the handouts and policies that Albo supported himself only a couple of months ago. But now he wants to PRETEND as if it was ALL THE LIBS... HAHAHAHA. AlboMP McKellInstitute ALL Govts cause recessions. And the recessions are getting worse because they interfere in economy. No better example than now. We have become a service based economy that in order to grow relies more & more on a Fractional banking system. And now they are Lowering lending rules
Source: SkyNewsAust - 🏆 7. / 78 Read more »