Following the disclosure of the levels of government support given to Holden, subsidies to Australia’s three automotive manufacturers are in the spotlight, with Toyota Australia is choosing to keep its details a secret.
General Motors Holden has revealed that it has received $2.2 billion in federal government assistance over the last 12 years, which the company claims represents good value for money.
Free gas marketeers are content to “kill” Australian manufacturing and other sectors, and to allow to country to become dependent on resource exports, according to Dow Chemical CEO and chairman Andrew Liveris.
At least $200 million will be invested into early stage, high growth Australian companies by three new venture capital funds supported by the federal government’s Innovation Investment Fund (IIF).
The Australian-born CEO and chairman of US-based Dow Chemical company, Andrew Liveris, has repeated his call for the limiting gas exports to boost the manufacturing sector, and criticised both political infighting and the “entitlement society” in Australia.
The Australian Industry Group has welcomed the Gillard Government’s cabinet reshuffle and says it’s looking forward to working with the new ministers.
ASIC data has shown company insolvencies for the last 12 months at record highs, with the carbon tax blamed by some for contributing to the number.
Apple’s China-based contractor, Foxconn, is following a trend of increasing unionisation at transnational corporations in China by holding its first-ever democratic labour union elections.
During the past week we have heard a chorus of comments from the federal government
and the ACTU claiming rorting by unscrupulous businesses and suggestions that the treatment of some 457 visa holders is ‘‘tantamount to slavery’’.
The South Australian Government is suing a manufacturer for allegedly supplying it with a search and rescue boat that failed to live up to expectations.
Prime Minister Julia Gillard says the 457 visa system is “out of control” and new measures are needed to help Australian businesses and workers.
Research produced by the University of Sydney Workplace Research Centre has shown that many apprentices are living below the poverty line, says the Electrical Trades Union.
Joe Hockey will today address a half-day Committee for Economic Development Australia conference at Brisbane, ruling out both major industrial relations changes and intervention to lower the Australian dollar.
A manufacturer based in Perth is one of three firms the Federal Government claims it has caught trying to rort the 457 visa system.
An unnamed union has filed a 457 visa complaint against four Filipino steel workers that could see them forced to leave Australia.
Cuts to R&D tax credits to some of Australia’s biggest companies will fund a network of innovation precincts, the first of which will be dedicated to manufacturing.
The federal government announced its plan to boost local participation in major projects, funded by a cut in R & D tax concessions to Australia’s biggest companies.
The AMWU has been ordered to not block access by contract workers to the City West Water treatment plant in Werribee.
In response to Greg Combet’s piece on this year’s federal election being a referendum on manufacturing, Sophie Mirabella writes exclusively for Manufacturers’ Monthly on what the Coalition would do to help our industry regain its competitive edge.
Queensland is poised to become a major export hub for liquefied natural gas (LNG). Given the West Australian experience, where LNG is already exported to Asia, this will cause domestic gas prices to rise. According to the DomGas Alliance, a group of Western Australian energy users, “gas prices have risen sharply from $2.50 per gigajoule in Western Australia to $8/GJ”.