'We make things in Australia': PM's plan to boost manufacturing

The six priority sectors to receive the new funding will be resources technology and critical minerals processing; food and beverage manufacturing; medical products; clean energy and recycling; defence; and space.

Industry Minister Karen Andrews has talked of expanding food exports, for instance, so Australia adds value to its farm produce, and to produce batteries that add value to the country’s rare earths and other raw materials.The $1.5 billion is new money to be spent over four years on three components including a Manufacturing Modernisation Fund, which will offer $52.8 million in grants to local companies within three months.

The second component will be a $107.2 million Supply Chain Resilience Initiative to identify areas where Australia needs a domestic capability for emergencies, a problem exposed in medical products during the pandemic. Labor industry spokesman Brendan O’Connor has dismissed the government’s talk so far of a new plan for manufacturing, pointing to the closure of car-making as one of the failures of the Coalition’s time in power since 2013.

ScottMorrisonMP Morrison Wants to make Australia great again We are going build cars again

ScottMorrisonMP Has he made the pre announcement about the announcement he's going to announce? Don't hold your breath this mans mission is to drive down working conditions.

ScottMorrisonMP Yes we make lots of announcements.

ScottMorrisonMP We are back into car production

ScottMorrisonMP More fcuking marketing spin. The media in this country are a friggen Stasi propaganda arm. Shameless ScottyFromMarketting

ScottMorrisonMP Please fact check any thing Morrison says Some many false announcements Or just lies

ScottMorrisonMP It is almost as if we shouldn't have decimated car manufacturing or the TAFE system. What asinine government would have done such a thing.

ScottMorrisonMP Tax cuts together with increased spending are counterintuitive. We can’t afford tax cuts.

ScottMorrisonMP All his plans are notional - headline grabbing but still notional.

ScottMorrisonMP The PM will be pleased with your stenography. Mission accomplished.

political_alert ScottMorrisonMP So, the government needs to send a shitload of all money to pay for a recession they caused themselves? Seems fair! No scrutiny please! As you were!😡

ScottMorrisonMP The Federal budget measures will be geared towards LNP donors and rent seekers.

ScottMorrisonMP It all sounds good, but so do most of the PM’s announcements. It’s the following through he has issues with...

ScottMorrisonMP & CroweDM will ensure the momentum of Morrison’s marketing campaign. TheAge, PR masquerading as journalism. auspol

political_alert ScottMorrisonMP At which point do you stop posting these media releases as news under people's by-lines?

ScottMorrisonMP

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

Multi-billion federal plan to instil 'resilience and scale' in Aussie manufacturing | Sky News AustraliaThe $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.\n\nA major pre-budget speech will outline a major 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\nMs Andrews said “there are some key sectors where Australia has been able to demonstrate that it has comparative and competitive strengths and there are also some sectors we have identified as important from a strategic point of view”.\n\n“What we’re trying to do with this strategy is build the scale that we need in key priority areas.' \n 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. karenandrewsmp Good policy. karenandrewsmp
Source: SkyNewsAust - 🏆 7. / 78 Read more »