Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Business confidence in freefall under Labor as jobs go at Boral



Download PDFDownload PDF

SOPHIE MIRABELLA MP Shadow Minister for Innovation, Industry and Science

Federal Member for Indi

MEDIA RELEASE

Media Contact: Rachel Fry 0409 848 330

BUSINESS CONFIDENCE IN FREEFALL UNDER LABOR AS JOBS GO AT BORAL

Wednesday, 16 January 2013

News today that over 790 jobs are to go at Boral is a continuation of job losses in the manufacturing sector that is suffering under additional costs and taxes imposed by the Gillard Labor Government.

“News of job cuts is becoming all too familiar under this dysfunctional Labor Government as excessive regulation and high costs hit home and business confidence in this Government goes into freefall.

“Our thoughts are with the workers and their families affected by today’s announcement,” said Sophie Mirabella, Shadow Minister for Industry.

“Labor’s deliberate policies of more red tape, higher taxes and increased business burdens have slugged manufacturing business like Boral, making it more difficult for them to remain competitive.

“The Coalition has consistently warned the Government that increasing the costs of doing business in Australia will make us less competitive and cost jobs.

“Business confidence is collapsing under Labor and the existing challenges are not helped by unnecessary taxes like the carbon tax.

“What we see with today’s announcement by Boral is following the pattern of so many other businesses in the manufacturing sector.

“The Coalition knows that the manufacturing sector is doing it tough and we have a clear plan to provide a stable Government and a strong economy, to help business grow and prosper.

“It starts by repealing the carbon tax, cutting red tape compliance costs by at least $1 billion, and providing businesses with the certainty they deserve,” Mrs Mirabella concluded.