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More money for automotive transition

Big changes: Labor leader Bill Shorten has announced a new plan to help automotive parts-makers diversify their businesses.

Assistance targeted at Geelong and North Adelaide as car industry closure nears

16 May 2016

- Labor leader Bill Shorten has unveiled a $58.6 million plan to help automotive suppliers develop new products and markets in a bid to encourage investment and job creation as the car industry winds down over the next 18 months.

- The assistance will be targeted at the regions that will be hardest hit by the withdrawal of the three car manufacturers and includes several areas around Melbourne, and the region north of Adelaide. Areas of New South Wales and Queensland will also be addressed.

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