Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Abbott will send SA car indutry [industry] down the Torrens



Download PDFDownload PDF

Campaign Media Release

ABBOTT WILL SEND SA CAR INDUTRY WORKERS DOWN THE TORRENS

In Adelaide today, Tony Abbott confirmed a Coalition Government would cut $1.2 billion in funding for the Australian car industry.

Getting a lecture on support for the South Australian car industry from Mr Abbott is akin to being told how to build boats by the mob who put together the Titanic.

This month the Federal Labor Government announced an additional $500 million in support for the Australian automotive manufacturing industry from 2016 to 2020.

In stark contrast, Tony Abbott has re-affirmed his commitment to cut $1.2 billion from the Industry.

That’s right - Tony Abbott flew to Adelaide not to match Labor’s $500 million increase, but to confirm a $1.2 billion cut.

Mr Abbott and Mr Hockey believe the South Australian car industry - and the 50,000 workers it directly employs - should be left to fend for itself.

If they are elected they will send the industry down the Torrens.

Shadow Treasurer, Joe Hockey used the term ‘enough is enough’ to describe government support for the Australian car industry and its 50,000 workers.

There comes a point where you need to say enough is enough and the fact that there is already a massive amount of money being provided to the automotive industry, unless there is a very compelling case put forward by Holden then you’d need to think twice about throwing more money at a manufacturer.

JOE HOCKEY - SKY - 11 JULY 2013

Australia’s level of support at $18 per head, is modest in comparison to the $90 and $96 per head provided in Germany and the United States respectively.

This is just one area where the Coalition will cut spending and cost Australians their jobs.

MELBOURNE 24 AUGUST 2013