A Shorten Labor Government will create an Australian Investment Guarantee (AIG) that provides accelerated depreciation incentives for new capital equipment investments.
Labor’s new AIG will ensure Australian industry has the support it needs to keep up with global developments and make the investments needed to improve productivity and remain globally competitive.Read more
Labor urges Malcolm Turnbull to call President Trump to lock in exemptions for Australian steel and aluminium from the President’s tariffs announced overnight.
The President has just announced a 25 per cent tariff on steel and a 10 per cent tariff on aluminium imports, but did not disclose whether these new tariffs would apply to Australian steel or aluminium imports.Read more
A Shorten Labor Government will invest $10m to build a Science, Technology, Engineering, Arts and Mathematics (STEAM) Innovations Centre in Preston to best prepare the students of northern Melbourne for the jobs of the future.
The Centre, based at the Northern College of the Arts and Technology (NCAT) in Preston, will be the first of its kind.Read more
The Turnbull Government has today removed science and industry from the Cabinet.
This is only the second time since 1931 we have a Commonwealth Government that doesn’t have a Minister for Science and on both occasions the position has been cut by a Liberal Government.Read more
The annual report released today by the Chief Economist into the Australian Innovation System reveals an embarrassing story of failure for the Turnbull Government.
That’s why the release of this report had been delayed for several days without explanation and has now been made public on a day that will ensure their failings go unnoticed.
Under this government business investment in research and development has, as the report describes, “declined sharply” falling by 12 per cent – or $2.2 billion – since 2013-14.Read more
LIBERALS DESPERATE TO DODGE BLAME FOR AUTO CLOSURE
The comments made by Liberal MP Nicole Flint show just how out of touch Turnbull’s Liberals are when it comes to automotive manufacturing and the workers the industry sustained.
The Member for Boothby told parliament last night in a speech about the Holden closure that Labor and the unions had;
“left Australia with the most globally uncompetitive wages in the world and have effectively priced Australian workers out of the market. The most generous salaries and terms of conditions of employment are worth absolutely nothing if you don’t have a job.’’
Nicole Flint MP, Federation Chamber 23/10/17Read more
Murray Goulburn has announced that there will be a loss of approximately 70 manufacturing jobs across their Koroit, Cobram, Maffra and Leongatha sites.
Labor is dismayed by the news of further job losses at Murray Goulburn and our thoughts are with the workers, their families, and communities at this difficult time with Christmas just around the corner.
Labor has been calling on the Coalition Government and Murray Goulburn to act on the ongoing crisis in our dairy industry for over 12 months.Read more
HOLDEN CLOSURE A DAY OF SHAME FOR TURNBULL & LIBERALS
After 70 years of motor vehicle production in Australia, General Motors Holden will today close its Elizabeth manufacturing plant, ending car making in this country.
Labor’s thoughts are with the company’s 1000 employees, many of whom have worked at Holden their whole lives.
The closure of the automotive manufacturing plants and the loss of their workforces is a tragedy.
It is a tragedy for automotive supply chain firms, which face an uncertain future.
It is a tragedy for the Australians employed by those supply chain firms, many of whom will endure prolonged job instability.
It is a tragedy for Australian advanced manufacturing, which relied heavily on the technological innovations developed by the automotive industry.Read more
The Senate last night called for the establishment of a National Rail Manufacturing Plan to maximise the benefits for Australians from the $46 billion investment in rail expected over the next decade.
While demand for new railcars is expected to grow by 11,000 in the next 30 years, it is critical we make the right choices now to ensure the manufacturing capabilities associated with their production remain in Australia supporting Australian jobs.
The Plan should include a mechanism to remove the peaks and troughs in market demand, to create some certainty for manufacturers.Read more
Labor congratulates the recipients of the 2017 Prime Minister’s Prizes for Science, who were recognised at an awards ceremony at Parliament House last night.
Each of the recipients – Professor Jenny Graves AO, Laureate Professor Eric Reynolds AO, Professor Jian Yang, Distinguished Professor Dayong Jin, Mr Neil Bramsen and Mr Brett McKay – is an example of the outstanding talent that lies in Australia’s laboratories and classrooms.
These awards reflect the nation’s pride in the important contribution that science and research make in driving innovation across our economy and creating the jobs of the future.