Archive for the ‘Government continues to bailout failing Industries’ Category
If Australian Government was serious about helping Australia and their tax payers, they would stop bailing out failed corporate Industries, even if they are owned by Government mates and family.
Let go of the old that isn’t working, and spend money on innovative new Industries that work.
Unfortunately those governments behind governments want us to rely on the old things that they own and control… World order rules us all!
ACTU president Ged Kearney says a new long-term strategy is needed to keep the car industry afloat.
Toyota has axed 350 jobs from its Victorian factory, citing poor global confidence, a rising Australian dollar and an ensuing cut in demand.
Ms Kearney said government support was vital to maintain jobs in the industry.
“I think with a bit of thought and a bit of tripartite (union, industry and government) consideration we can hold it together,” Ms Kearney told ABC Television on Tuesday.
“We’ve been in this situation before when we thought the car industry would collapse. We pulled together a plan … we can do that again.”
But she said unions wanted to see more transparency in the system, to ensure taxpayers were getting value for money out of the billions of dollars spent in industry assistance.
“Is that money being spent on innovation? Is it being spent on new ways that they can stay relevant to the market?” she said.
“Is it being spent on trying to save jobs?
“These are questions the union movement will be asking Toyota and the government.”
Ms Kearney said high-tech, highly-skilled manufacturing was crucial for the future of the Australian economy, especially when the mining boom ends.
Article source: http://news.ninemsn.com.au/national/8407938/actu-boss-says-new-car-plan-needed
