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Thursday, 20 August 2009
Page: 8478

Mr ZAPPIA (9:43 AM) —I conclude my remarks on the Automotive Transformation Scheme Bill 2009 and cognate bill by making the point that it is in the national long-term interest for Australia to have a viable, competitive and innovative automotive industry. As the international automotive sector reassesses its future, following the widespread international collapse of the industry, now is the right time and the opportune time for Australia to invest in new technology, to modernise, to be innovative and to show international leadership in automotive manufacturing. This legislation gives Australian manufacturers the incentive to do so and I commend it to the House.