Bracks calls for car industry review submissions

Former Victorian premier Steve Bracks, who is conducting the review of Australia's automotive industry, is calling for public submissions.

Former Victorian premier Steve Bracks, who is conducting the review of Australia’s automotive industry, is calling for public submissions to the review.

“The automotive industry makes a vital contribution to Australia’s economy in terms of employment, exports and innovation,” Bracks said.

“Public submissions are critical to identifying the broad range of challenges and opportunities facing the automotive industry. I invite anyone with an interest in the automotive industry to put forward their views on this important sector.”

To coincide with the calling of public submissions, Bracks also announced the release of a discussion paper and a background paper on the automotive industry.

These papers provide background information and identify issues for public consideration and debate. Public submissions close on 14 May 2008.

A final report will be presented to the Australian Government by 31 July 2008.

Bracks noted that the Productivity Commission will be modelling the economy-wide effects of future automotive assistance options, to help inform the work of the review.

The Productivity Commission will be publishing the results of the modelling on its website.

Senator Kim Carr, the Minister for Innovation, Industry, Science and Research, has welcomed the release of the discussion paper.

“The review is considering all aspects that affect the competitiveness of the Australian automotive industry. The review will also help to inform the implementation of the Government’s $500 million Green Car Innovation Fund.”

“The automotive industry is strategically vital to Australia in terms of employment, exports and innovation.

“The automotive review is being carried out in parallel with, and in co-operation with, the review of Australia’s National Innovation System. These reviews demonstrate the Government’s commitment to ensuring an innovative and globally competitive economy.

“The paper’s call for submissions presents a great opportunity for Australians to provide ideas on how to build the future of the Australian automotive industry. I encourage public submissions from stakeholders. This will ensure a full, open and frank assessment of the challenges currently facing the sector.

“I look forward to receiving the final report on 31 July 2008. The automotive industry is an integral part of the Australian economy, and a comprehensive review of the industry will go a long way to securing its future,” Senator Carr said.

Further information about making submissions, and accessing the discussion paper and background paper are available at www.innovation.gov.au/automotivereview.