SENATE COMMITTEE CONVENES IN MELBOURNE ON THE FUTURE OF THE AUTOMOTIVE INDUSTRY

The Senate Economics References Committee will hold a public hearing in Melbourne today to discuss the future of Australia’s automotive industry.

The hearing will commence at 1:00pm at the Stamford Plaza Hotel (Edinburgh Room, 111 Little Collins St, Melbourne) and hear evidence from:

  • The Motor Trades Associations

  • Dana

  • CME

  • Motoring Advisory Council

  • The Truck Industry Council and representatives

  • The Confederation of Australian Motorsport

  • Nissan Casting Australia

  • Futuris

This hearing in Melbourne follows a public hearing in Adelaide last week and the release of the Committee’s interim report in August 2015.

The interim report made a number of recommendations, including amending the Automotive Transformation Scheme (ATS) to encourage new investment and support component manufacturers to diversify their operations.

The interim report also urges government to work with all stakeholders to develop policies to sustain an internationally competitive Australian automotive industry, beyond the announced shutdowns of the motor vehicle producers in 2016 and 2017.

Today’s public hearing is another positive step in developing long-term, sustainable government policy settings that will help determine the future of Australia’s automotive industry and the many tens of thousands of people it employs – including in component and aftermarket manufacturing, servicing, retail motor trades, motorsport and related industries.

Australia will have an automotive industry beyond 2017. Government policy will determine its size and its scope. 


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