Auto assistance fund program delayed

There
appears to have been delays in the delivery of the federal government’s pledged
$100 million assistance package, announced after Holden revealed its decision to end manufacturing in Australia.

Fairfax reports that only $72 million has so far been pledged to the program – made up
of $60 million from the federal government and $12 million from the Victorian
state government.

Reviews
of the SA and Victorian economies, part of assistance announcement, have not
been presented to cabinet. A March deadline had been set for the reports to be delivered.

The
preliminary report on Victoria has not been given to industry minister Ian
Macfarlane, but Fairfax claims it has not been discussed “despite the minister’s
best efforts”.

Cabinet
is due to meet next on April 14. 

Image: drive.com.au

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