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Labor will help automotive manufacturers secure new contracts



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SENATOR THE HON KIM CARR

SHADOW MINISTER FOR HIGHER EDUCATION, RESEARCH, INNOVATION AND INDUSTRY SHADOW MINISTER ASSISTING THE LEADER FOR SCIENCE SENATOR FOR VICTORIA

NICK CHAMPION MP

SHADOW PARLIAMENTARY SECRETARY FOR MANUFACTURING MEMBER FOR WAKEFIELD

LABOR WILL HELP AUTOMOTIVE MANUFACTURERS SECURE NEW CONTRACTS

A Shorten Labor Government will appoint a National Automotive Supplier Advocate to help automotive supply chain companies secure new work and sustain high-skilled manufacturing jobs.

The National Automotive Supplier Advocate will work directly with companies to help them break into new domestic and global supply chains and win manufacturing contracts.

Automotive vehicle production is supported by a supply chain of around 160 businesses, involved in component manufacturing, engineering, design and tooling.

It is estimated that for every one automotive job, 6.5 jobs are generated in associated supply.

Modelling suggests that 200,000 people will lose their jobs as a result of closures in motor vehicle

production between now and 2017. The shutdowns will rip $29 billion from the economy - about two per cent of GDP.

But with the right policy settings, Australia still has a chance to compete in global advances in

automotive technology and product design, such as autonomous vehicles and telematics, new battery technologies, electric vehicle technologies and alternative fuels.

To do that, we need to ensure existing automotive suppliers have the best opportunities to access new markets and to diversify and expand their product range.

In addition to the National Automotive Supplier Advocate, Labor has committed

$58.6 million for a Manufacturing Transition Boost, to provide pathways for new advanced manufacturing jobs in Victoria and South Australia.

This boost will increase the capacity of existing state-based programs to help automotive supply chain businesses diversify and attract new investment in regions affected by automotive closures.

The automotive supply chain is too important to be treated with the chaos and contempt of the

Abbott-Turnbull Government. Labor will commit $3.6 million to resource the National Automotive Supplier Advocate and their work.

Only Labor understands that we need to maintain our advanced manufacturing capabilities and attract new investment.

Maintaining capabilities and growing Australia’s advanced manufacturing base is the best strategy

we have to mitigate job losses and reduced economic activity as a result of closures in motor vehicle production.

Our ability to generate local jobs and the industries of the future relies on how governments respond to this challenge.

For more information, please visit: http://www.100positivepolicies.org.au/national_auto_supply_advocate

SUNDAY, 19 JUNE 2016

LABOR CAMPAIGN MEDIA CONTACT

Email: media@chq.alp.org.au