Make / Model Search

News - General News - Manufacturing

$100m taxpayer boost for manufacturing

Inspired: Industry minister Arthur Sinodinos said his time at the recent Auto Aftermarket Expo in Melbourne reinforced to him that “there is a lot we can do in the future to build on the expertise we have got here”.

Parts sector to benefit as government tips in more cash ahead of car plant closures

9 May 2017

- The federal government has allocated a further $100 million in funding for the manufacturing sector, with a portion of it making its way to automotive parts-makers trying to diversify as the car industry they have traditionally supported prepares to shut down.

- Industry minister Arthur Sinodinos announced earlier this week that the new funding would be included in this week’s federal budget, split between advanced manufacturing, advanced research and the creation of two “innovation laboratories”.

Click here for full story: $100m taxpayer boost for manufacturing

The Road to Recovery podcast series

Read more

Click to share

Click below to follow us on
Facebook  Twitter  Instagram

General News articles

Motor industry news

GoAutoNews is Australia’s number one automotive industry journal covering the latest news, future and new model releases, market trends, industry personnel movements, and international events.

Catch up on all of the latest industry news with this week's edition of GoAutoNews
Click here